The Bab al-Mandeb Strait, a lifeline for the global economy, is in jeopardy
London — A narrow waterway located at the mouth of the Red Sea between Yemen and Djibouti has provided…
US lettuce prices wilt as costs for other goods remain stubbornly high | US news
At the Republicans’ midterm convention held earlier this week, Donald Trump said that “food prices and almost every…
Consumer outlook plunges in September as inflation outlook worsens
Beef products are offered for sale at a grocery store on Sept. 10, 2026 in Chicago, Illinois. Scott…
Here’s the inflation breakdown for August 2026 — in one chart
A driver refuels a vehicle at a Chevron gas station in Miami, Florida, Sept. 3, 2026. Zak Bennett/Bloomberg…
US prices remain high as fuel costs squeeze household budgets
Prices in the US rose by 3.4% in the year to August, with the cost of living pushed…
Mozambique: Foreign currency shortage and fuel crisis main obstacles for business environment – CTA
Photo: CTAMozambique’s Confederation of Business Associations (CTA) has appointed out to foreign currency shortages (particularly US dollars) and…
Russian Central Bank Holds Key Rate at 14%
Russia’s Central Bank kept its key interest rate at 14% on Friday, saying that rising fuel costs, driven…
Electrification is Reshaping Global Economy and Kazakhstan Has Lot at Stake
ASTANA – The global energy transition is often discussed through the language of climate targets, emissions cuts and…
Arab News | IMF says global growth on track to reach 3% in 2026, but risks remain high
WASHINGTON: The IMF said the global economy had weathered the energy shock caused by the war in the…
UK economy sees surprise growth in July helped by AI boom
The UK’s economy grew faster than expected in July partly helped by businesses using artificial intelligence (AI). The…
Traditional labor market data isn’t keeping up with jobs in the ‘frontier economy’
Current debates about AI and the labor market overwhelmingly focus on job losses. If you’re a student of…
Turkish central bank keeps rates unchanged amid energy prices risk
The Turkish central bank left its key policy rate, the one-week repo auction rate, at 37% on Thursday,…