The governor of the Bank of England, Andrew Bailey said in an interview with Channel 4 that the financial crisis triggered in September by Liz Truss’ mini-budget nearly triggered a…

On Thursday the Bank of England announced it would hike interest rates by 75 basis points – the biggest rate increase it has implemented in 30 years, as it battles…

In an interview with Delfi published Tuesday ECB President Christine Lagarde said the European Central Bank will continue to try to curtail inflation in the Eurozone by raising interest rates,…

Eurozone inflation reached 10.7% in October, in the 19 countries which make up the bloc, according to new preliminary data released Monday. Final figures will be released in November by…

As the Japanese economy continues to be battered by inflation and a weakening yen, the government has announced an economic package worth 39 trillion yen (almost $270 billion) in an…

On Wednesday, the Australian Bureau of Statistics (ABS) released data showing that Australian inflation came in at the highest rate since 1990, as prices jumped 7.3% year over year. That…

In the Eurozone, the Purchasing Managers Index for October, compiled by S&P Global, has fallen to the lowest level since April of 2013, if you do not consider the artificial…

One day after Xi Jinping secured a third term as President, China’s yawn slid sharply as the country’s stocks underwent their worst day since the 2008 financial crisis. On the…

Moody’s ratings agency slashed the UK’s economic outlook from “stable” to “negative.” The agency issued a statement in which it referenced the “heightened unpredictability in policymaking amid a volatile domestic…

Der Spiegel reported that the German Retail Federation (HDE) is warning that rising energy costs and an already sharp decline in consumption now have Germany’s retail industry in peril According…