Despite AI boom, energy shock to weigh on 2027 global economic outlook, says OECD
As per the OECD, after 2025's 3.4% GDP growth, the global economy...
Inflation
Bank of England keeps interest rates unchanged, warns of rising inflation
The BoE not only refrained from increasing rates like its global peers...
Inflation, energy shock unsettle investors as equity fund outflows hit nine-month high
As per the LSEG Lipper data, investors withdrew a net USD 23.21...
Australia’s home prices fall for a fifth month, more trouble ahead
Latest figures from property consultant Cotality showed national home prices falling 0.9%...
World faces fresh food price surge due to conflicts, El Nino, FAO warns
The damage inflicted on Russia's oil and gas infrastructure has curtailed the...
Kevin Warsh faces inflation trap as AI boom and Iran shock collide
America is in the middle of a spending spree on AI infrastructure,...
Egypt’s foreign reserves top USD 55 billion, households still await economic relief
Record reserves strengthen Egypt’s financial buffers, but economists warn debt, inflation and...
GCC inflation remains stable at 1.8% in 2025, defies global trends
At 1.8%, GCC inflation remained below the global average of 4.2%, apart...
GCC economies to rebound in 2027 as geopolitical volatility lessens, says report
The GDP of the six-nation bloc is predicted to grow by 8.1%...
Inflation is most “pressing risk” to US economy, says Fed’s Schmid
Inflation was running at 3.5% in March, the first month of the...