US Fed raises interest rate by 0.75 percentage-point, highest since 1994IFM CorrespondentJune 16, 2022 by IFM CorrespondentJune 16, 2022 The decision comes in the backdrop of consumer price inflation hitting 8.6% in May, the highest since 1981.... Read more
Essential workers may quit as UK petrol prices reach all-time highIFM CorrespondentJune 15, 2022 by IFM CorrespondentJune 15, 2022 Transport and healthcare employees are "paying to go to work".... Read more
Recession may hit America by 2024IFM CorrespondentJune 14, 2022 by IFM CorrespondentJune 14, 2022 Rising interest rates induced a recession six out of seven times in American history.... Read more
What is stagflation? And how does it affect you?IFM CorrespondentJune 13, 2022June 13, 2022 by IFM CorrespondentJune 13, 2022June 13, 2022 The World Bank forecasted decade-long stagflation for the global economy.... Read more
New Zealand will now tax cow and sheep burpsIFM CorrespondentJune 10, 2022June 10, 2022 by IFM CorrespondentJune 10, 2022June 10, 2022 Farmers will pay for their gas emissions starting from 2025.... Read more
World Bank warns of 70s-style stagflation aheadIFM CorrespondentJune 9, 2022 by IFM CorrespondentJune 9, 2022 The global economy may endure decades of stagnant growth and high inflation, collapsing struggling post-pandemic economies.... Read more
How COVID transformed US consumer spending habitsIFM CorrespondentJune 7, 2022 by IFM CorrespondentJune 7, 2022 Consumers in developed countries spent excessively on appliances, automobiles, and furniture.... Read more
Malaysia suspends chicken export amidst rising food prices, Singapore suffersWebAdminJune 3, 2022June 3, 2022 by WebAdminJune 3, 2022June 3, 2022 Maylasia has blocked the export of 3.6 million chickens... Read more
Why US investors are worried about a recessionIFM CorrespondentJune 1, 2022 by IFM CorrespondentJune 1, 2022 US economy shrank in the first quarter of 2022, but the market correction offers some respite.... Read more
Foreign investors are fearing to invest in China’s real estate marketIFM CorrespondentMay 30, 2022 by IFM CorrespondentMay 30, 2022 It is because of China’s serious decline in the economy because of Xi Jinping’s obstinate zero-covid policy.... Read more