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…
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…
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…
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…
Interest rates, inflation: Crucial two weeks loom for Aussie households
Australian households face a critical fortnight with inflation data, the RBA interest rate decision and the federal budget…
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…
Putin Demands Answers as Russia’s Economy Undershoots Expectations
President Vladimir Putin on Wednesday demanded explanations from the government and Central Bank over why Russia’s economy is performing…
‘I was going to lose my home … It was one of the darkest times’ – The Irish Times
The aftershocks of the financial crash are still being felt almost two decades on with the number of…
Economic Analysis: Turkey Facing Regional Instability and Inflationary Pressure
In a recent analysis by Erdal Sağlam for Mesele Ekonomi, the potential economic fallout from rising tensions between…