Tag : Inflation

Business

UAE economy extends global rise on strong 2026 data

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ABU DHABI: The United Arab Emirates entered 2026 with a strong run of official economic data showing broad-based expansion across non-oil activity, trade, banking and investment, reinforcing its position as one of the region’s fastest-growing economies....
Business

Bank of Korea holds 2.5% rate and rolls out dot plot

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SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of...
Bitcoin and crypto markets react to global $17.3 trillion oil shock
Business

Global markets face disruption amid $17.3 trillion oil shock warning

manamalive.com
CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital asset sectors. The alert follows heightened geopolitical tension in South...
Egypt slashes benchmark interest rates in April 2025 decision
Business

Egypt slashes benchmark interest rates in April 2025 decision

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The Central Bank of Egypt has reduced key interest rates by 225 basis points in April 2025, adjusting deposit, lending, and discount rates to support monetary policy....
U.S. bonds are a “joke,” Kiyosaki warns of economic collapse
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U.S. bonds are a “joke,” Kiyosaki warns of economic collapse

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Robert Kiyosaki calls Bitcoin’s latest price crash a chance to buy, blaming economic instability on rising U.S. debt and urging investors to shift to Bitcoin, gold, and silver....
UK inflation rises to 3% in January, surpassing expectations
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UK inflation rises to 3% in January, surpassing expectations

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UK inflation surged to 3% in January, surpassing forecasts, with rising transport and food costs fueling the increase, according to the Office for National Statistics....
UK growth forecast slashed as Bank of England lowers rates
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UK growth forecast slashed as Bank of England lowers rates

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The Bank of England cut interest rates to 4.5% amid weak UK growth, signaling further reductions ahead as inflation slows and economic uncertainty persists....
Nasdaq, S&P 500 drop as trade tensions rise with new U.S. tariffs
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Nasdaq, S&P 500 drop as trade tensions rise with new U.S. tariffs

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U.S. stocks dropped Monday after Trump announced tariffs on China, Mexico, and Canada, but pared losses after he delayed Mexico tariffs for one month following talks with President Sheinbaum....
US inflation persists as Trump’s tariff threats add economic concerns
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US inflation persists as Trump’s tariff threats add economic concerns

manamalive.com
Core inflation stayed at 2.8% in December, aligning with expectations but above the Fed’s target. Rising energy costs and tariff threats pose risks to price stability....
Gasoline, groceries, and cars could cost more as Trump’s tariffs loom
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Gasoline, groceries, and cars could cost more as Trump’s tariffs loom

manamalive.com
Trump’s 25% tariffs on Canada and Mexico could drive up prices for gas, groceries, and cars, with experts warning of economic fallout and potential supply chain disruptions....