Inflation
Moody’s upgrades Israel’s credit outlook from 'negative' to 'stable'
While the sovereign rating remains at BAA1, the shift reflects a clear easing of risk compared with the peak of the war period.
Iran’s rial hits historic low: Over 1.5 million rials to a dollar
Iranian rial reaches record low value, trading at over 1.5m IRR per USD
The divide in Iran's protests: Why ethnic minorities are not taking to the streets - opinion
Bank of Israel decides not to raise interest rate, for now
Bank of Israel governor: "We are still in an environment of great uncertainty."
Israeli watchdog seeks data from banks in interest rate probe
Israel's aggressive policy-tightening cycle has sparked anger among its citizens as mortgage, loan payments and the cost of living have soared, with inflation staying around 5%.
Germany enters recession after economy contracts slightly in first quarter
The first estimate had shown GDP stagnating in the first quarter and Germany skirting a recession. However, it contracted following a contraction in 2022.
Israeli Consumer Price Index rises 0.8%, almost double the forecast
A series of Israeli companies and importers have announced significant price hikes in recent weeks.
'We can't afford anything': Turkey's cost-of-living crisis threatens Erdogan's re-election
A cost-of-living crisis sparked by Erdogan's unorthodox economic program over the past 1-1/2 years has eroded his popularity
Iranians sell organs abroad due to regime ‘corruption' - report
Iran expert Beni Sabti said that high prices and inflation are forcing Iranians to sell their organs and sometimes even their children.
Rising inflation threatens Eid al-Fitr celebrations in Pakistan
Pakistan's inflation rate jumped to 35.4% in March 2023—the highest it has been in almost 50 years.
Netanyahu, Herzog reached out to Moody's before credit outlook downgrade
If Israel's credit rating drops, Israel can expect a higher interest rate on short-term loans and inflation.
Russia fools us economically, their statistics are a collection of lies - opinion
When strict sanctions were imposed on Russia at the start of its invasion of Ukraine, the Russian economy was expected to plunge by some 10-15% during 2022.
Pakistan posts highest-ever annual inflation, stampedes for food kill 16
The inflation number was the highest ever year-on-year increase recorded by the statistics bureau since monthly records began in the 1970s.
