03:14 PM @ 30/05/2022
On May 29, the General Statistics Office said that the consumer price index (CPI) in May 2022 increased by 0.38 percent compared to the previous month. With this increase, the average CPI in the first 5 months of the year increased by 2.25 percent compared to the same period last year, higher than the increase of 1.29 percent in the first five months of 2021, although it is still lower than the increase of the first five months of the period 2017-2020.SEE MORE03:05 PM @ 30/05/2022
Political and economic changes across the globe are beginning to challenge the dominant world currency and are now posing a threat to the once pivotal role of the US dollar.SEE MORE02:03 PM @ 30/05/2022
The world is witnessing the highest inflation in decades. Many economies around the world face a risk of recession.SEE MORE05:19 PM @ 27/05/2022
Oil prices rose about 3% to a two-month high on Thursday on signs of tight supply ahead of U.S. summer driving season, as the European Union (EU) wrangled with Hungary over plans to ban crude imports from Russia over its invasion of Ukraine.SEE MORE04:45 PM @ 27/05/2022
Oil prices rose on Friday and were on track for weekly gains, supported by a prospect of a tight market due to rising gasoline consumption in the United States in summer, and also the possibility of an EU ban on Russian oil.SEE MORE
