UK firms in ‘critical financial stress’ jump by a third as costs rise, report finds | Hospitality industry
The number of UK businesses in “critical financial distress” has risen by more than a third over the…
The Iran War Oil Shock Markets Are Still Ignoring, Like Covid in 2020?
In the early weeks of the Covid pandemic, in those days when public spaces emptied and hospitals filled…
Germany April preliminary CPI +2.9% vs +3.0% y/y expected
Prior +2.7%HICP +2.9% vs +3.1% y/y expectedPrior +2.8%Core CPI Y/Y +2.3% vs +2.5% priorFull report here We’ve got…
Why Britain is so poor – and will get poorer
Photo by Pete Primarello/Evening Standard/Getty Images The Chancellor is grappling with the ramifications of a war in the…
Irish inflation remains at 3.6% in April in spite of soaring energy prices – The Irish Times
Headline inflation in the Irish economy remained steady in April even as war in Iran sent energy prices…
Working hard is no longer enough, and that is making it worse – The richest, exhausted people in the room: India’s high-CTC burnout epidemic in 8 takes
First, heal before you decide. Burnout distorts thinking. Major career decisions made in survival mode are rarely good…
Energy prices jump over 15% in year to April
Energy prices rose by 15.5% in the 12 months to April, according to the Central Statistics Office. Food…
Lloyds takes £151m hit from Iran war as it forecasts rise in UK unemployment | Lloyds Banking Group
Lloyds has said that the economic fallout from the Middle East conflict could cost it £151m amid rising…
‘Take the money and run’: Johns Hopkins economist Steve Hanke on why the UAE quit OPEC
The decision was shocking. But the announcement April 28 that the UAE was leaving OPEC caps years of…
The Hormuz in Abuja: Nigeria’s Ironic Petro-paralysis Amidst a Windfall
By Dozie Arinze When an oil shock, a Trillion-dollar ambition, a credibility deficit at OPEC, a power crisis,…
China discovers 225 large, medium-sized crude oil, natural gas fields from 2021 to 2025: Ministry of Natural Resources
China’s largest shale oil production base, the Changqing Oilfield, located in Northwest China’s Gansu Province. Photo: Screenshot from…
Heads up: Germany states’ CPI readings due later today
After the jump in headline inflation in March, we are to see that continue in April. Surging energy…