Wage wars: The battle for more money
While companies may offer pay increases, as seen with Boeing's offer of a 25% wage hike and a USD 3,000 signing bonus, workers are increasingly rejecting these deals...
Tag : inflation
US polls countdown: Jobs report anxiety rises
August saw a decrease in the unemployment rate from 4.3% to 4.2% as employers added 142,000 jobs, which was less than anticipated...
Will Dissanayake pull Sri Lanka out of the abyss?
Sri Lanka's economy is expected to grow 3% in 2024, reversing 2023's contraction, while inflation, which peaked at 70% in September 2022, moderated to 0.5% in August this year...
Rising costs squeeze German businesses hard
Since 2015, China has been Germany's most significant trading partner, and in 2022, trade between the two reached a record high...
Bangladesh’s political reset faces economic hurdles
Bangladesh's economy is in terrible shape, with foreign reserves fast depleting, prices skyrocketing, the banking system in disarray, and most economic activity coming to a complete halt...
Bank of Uganda cuts key lending rate again, indicates reduction in inflationary pressures
The rate of inflation in services decreased from 6.2% in August to 5.8% in September...
Australia’s treasurer says China stimulus could boost growth down under
The Australian economy experienced a strong recovery following the COVID-19 pandemic...
US Elections 2024: Economy takes centre stage
The power transition from Trump to Biden occurred during the 2020-21 period, when the global economy was at a standstill due to the COVID-19 pandemic...
Is Europe becoming uncompetitive?
According to a McKinsey Global Institute report, Europe-based big businesses invested 60% less in 2022 than their American counterparts and expanded at a rate of two-thirds slower...
Egypt’s central bank leaves interest rates steady as inflation seen dropping
According to the MPC, inflation would sharply drop in the first quarter of 2025 and economic growth would progressively rebound in the fiscal year that started on July 1...