Inflation continues its steady rise in Laos
ASEAN Pace | Economy | Southeast Asia Rising tourist arrivals could offer some economic relief, although the government faces a number of complex structural challenges. A food vendor in the…
Inflation in Laos continues to rise, hits 23-year high
Advertisement Inflation in Laos continues its alarming upward trend, reaching 40.3 percent year-on-year in January, the government announced this week, the highest figure the country has reported since 2000. According…
How the onion became the symbol of inflation in the Philippines
Advertisement The inflationary crisis in the Philippines is reflected in the unprecedented increase High price of onions, forcing the government of President Ferdinand Marcos Jr. to launch mobile stores, release…
What are the economic prospects for Central Asia in 2023?
Advertisement Latest from the World Bank World Economic Outlook The report warns of a sharp recession, with the clouds of a possible recession gathering amid high inflation and interest rates,…
Pacific Rim finance leaders discuss ways to curb inflation
pacific money | Economy APEC economies are focused on finding ways to help people cope with high prices in the aftermath of the pandemic and the war in Ukraine. Thai…
Terry Savage: Hiding from inflation
The Federal Reserve is fighting it. The markets are fearing it. Investors are looking for ways around it. Savers rejoice because they are finally catching up. I’m talking about inflation,…
How will OPEC+ cuts affect oil prices and inflation?
FRANKFORT, GERMANY — Major oil-producing countries, led by Saudi Arabia and Russia, have decided to drastically reduce the amount of oil they deliver to the world economy. And the law…
Inflation and riots challenge Bangladesh’s ‘miracle economy’
Commercial Queuing to try to buy food, Rekha Begum is distraught. Like many others in Bangladesh, she is struggling to find affordable daily essentials like rice, lentils and onions. “I…
Walmart and Target start the holidays early to ease the sting of inflation
Walmart and Target plan to start offering deals and price-match deals early this year to keep up with Americans pressured by skyrocketing inflation and looking for ways to ease the…
The Fed attacks inflation with another big rate hike and expects more
WASHINGTON — Stepping up its fight against high inflation, the Federal Reserve raised its key interest rate Wednesday by three-quarters of a point for the third straight time and signaled…