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Business Standard/Bloomberg: Wider war in Middle East could tip the world economy into recession The Hamas attack and Israel’s response are taking a heavy human toll. A global economic downturn may follow. Like Middle East wars of the pas…
Fall from 6.7% in August signals prices are still rising as higher cost of oil feeds throughHeadline inflation eased again in September, official figures are expected to show this week, while pay growth is slowing.Economists polled by Refinitiv expect …
Bank of Canada Governor Tiff Macklem says the central bank will be deciding whether to exert patience at its next rate meeting or hike rates further.
In an exclusive interview, Akinwumi Adesina, head of the African Development Bank, says the outlook is good for a continent with the workers of the future and the best investment opportunitiesAfrica holds the future workforce for the ageing economies o…
Britain faces ‘fairly subdued’ growth and ‘persistent’ inflation, global economic health check findsBusiness live – latest updatesThe Bank of England will need to keep interest rates high into 2024 as the UK struggles with a combination of weaker growt…
At the fund’s annual meeting this week in Morocco, ambitions for climate and debt relief may be overwhelmed by events – againLast week’s turmoil in the global bond markets will be playing on the minds of finance ministers and central bank governors whe…
Rate tops level last seen after Liz Truss mini-budget as fears of global inflation and US political instability spook marketsBusiness live – latest updatesBritain’s long-term cost of borrowing has hit its highest level since 1998, as political instabil…
Labour’s Stella Creasy elicits confirmation of higher charges to firms which some say risk further fuelling food inflationThe government has admitted it will cost businesses £330m each year in additional charges when new post-Brexit border controls on …
Tanzania government blamed for violence against villagers in national park, while thousands more people face losing their homesThe World Bank is investigating allegations of killings, rape and forced evictions made by villagers living near the site of …
Japan hopes the fair in 2025 will reconnect it with the global community after Covid but calls are growing to delay or scrap the eventIn the distance, beyond the clouds of sand kicked up by a coastal wind and passing lorries, the centrepiece of Osaka’s…