Russians Pull Money From Bank Deposits for First Time Since 2022 Mobilization Panic
Russia’s households pulled money from fixed-term bank deposits for the first time since the panic triggered by the…
Brazil growth holds in Q1, but steep March fall points to cooling
BRASILIA, May 18 (Reuters) – Brazil’s economic activity grew 1.3% in the first quarter from the previous three…
PBOC Warns on Imported Inflation, Focuses on Policy Transmission
(Bloomberg) — China’s central bank has warned on the risks of imported inflation from higher oil prices stemming…
Russia Cuts 2026 Growth Forecast as Oil Revenues and Wartime Pressures Weigh on Economy
Russia sharply downgraded its economic growth forecast for 2026, signaling the government is bracing for a prolonged slowdown…
Mexican headline inflation eases for the first time since December, paves way for rate cut
By Aida Pelaez-Fernandez MEXICO CITY, May 7 (Reuters) – Mexico’s annual headline inflation rate decelerated in April for…
Russian Economy Shrinks in the First Quarter
Russia’s economy contracted at the beginning of the year as weak business activity and declining oil and gas…
Venezuela’s inflation rate eases to 10.6% in April, cenbank says
May 4 (Reuters) – Venezuela’s inflation rate eased to 10.6% in April from 13.1% in March, the country’s…
Climate change is already showing up in the cost of living
In the summer of 2022, a heat wave in Europe drove temperatures to a record-breaking 115 degrees in…
Powell to remain on Fed board after term ends, preventing Trump appointment
US Federal Reserve Chair Jerome Powell made a fervent appeal Wednesday for central bank independence, as he prepares to cap…
Russian Companies Freeze Hiring as Demand Cools, Central Bank Says
A majority of Russian companies have effectively frozen hiring through the end of the year as weakening demand…
Russian Part-Time, Idle Workforce Hits Highest Since 2020 Pandemic Peak
The number of Russian workers on reduced hours or in temporary downtime rose to its highest level since…
Russian Central Bank Governor Warns of Unprecedented Labor Shortage
Russia is facing a labor shortage for the first time in its modern history, Central Bank Governor Elvira Nabiullina…