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“We’ll eat less.” Can Rosstat figures be trusted?

Inflation in the North-West region, according to Rosstat, since the beginning of the year has amounted to 6.1%, that is, it was even lower...

President Wickremesinghe Delivers IMF Deal for Sri Lanka

Copenhagen (13/11 - 37.5) When Ranil Wickremesinghe took over as Sri Lanka's president in July after a popular uprising ousted his predecessor, the South Asian...

Argentina to Devalue Peso by Over 50% as Part of Emergency Economic Reforms

Argentina will devalue the peso by more than 50% as part of emergency measures to help the nation’s struggling economy, the country’s Economy Minister Luis...

Etsy Stock Falls After Company Lays Off 11% of its Staff, Citing ‘Very Challenging’ Environment

Etsy is laying off 11% of its workforce at the height of the holiday season as the e-commerce giant looks to restructure its business and...

President Wickremesinghe’s Contribution To Securing IMF Loan For Sri Lanka

Brussels (08/11 – 50) On March 20, the IMF approved a $3 billion Extended Fund Facility (EFF) to support Sri Lanka amid its economic crisis....

The Price of War?

Brussels (3/12) Governments may be doing great while the people suffer. Bombing of the Nordstream 2 pipeline, carrying cheap Russian natural gas to industry and...

Oil Prices Fall to Four-Month Low as Inflation Slows

U.S. oil prices dropped nearly 5% Thursday, hitting four-month lows. Why it matters: The slide in crude oil is yet another indication that the balance of power has...

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