[ad_1] Representative image (Photo credit: AP) Iran’s annual inflation rate surged to its highest level since World War II in May, highlighting the deepening economic crisis facing ordinary citizens as the country grapples with the fallout of conflict, sanctions and long-standing structural problems.According to data released by Iran’s Central Bank, the consumer price index rose […]
[ad_1] Donald Trump with Pakistan PM Shehbaz Sharif and army chief Asim Munir (PTI file photo) Pakistan’s fragile economy is spending an estimated $900,000 every month on lobbying efforts in the United States, taking its annual outlay to roughly $10-12 million, according to public disclosures filed under the US foreign agents registration act (FARA).The spending […]
[ad_1] NEW DELHI: Leader of opposition in Lok Sabha Rahul Gandhi slammed the BJP-ruled central government over falling rupee and called it “clear signs” that inflation was inevitable. He criticised the Centre’s “empty rhetoric” as the country faces economic restrain due to LPG shortage amid West Asia crisis. He claimed that petrol, diesel, and LPG […]
[ad_1] Three hours ago, Elon Musk posted five blunt words: “Keynes was a demon.” He was responding to Balaji Srinivasan’s line that the end of Western Keynesianism would be bigger than the collapse of Soviet communism. It was not a viral moment or a market-moving event. It was something more revealing: a small window into […]
[ad_1] MUMBAI: After months of sluggishness, demand recovery is in sight for consumer goods companies, partly helped by GST cuts which drove down prices of a host of household essentials and left more money in the hands of shoppers. There have been some initial signs of revival on the ground already, firms said in their […]
[ad_1] The White House went full pop-culture clapback mode, issued a fiery response to singer Ariana Grande after she reposted an anti-President Donald Trump message that targeted over 77 million voters who supported him. Grande, 32, reshared “A Bit Fruity” podcast host Matt Bernstein’s Instagram post on Sunday, which criticised voters who cast their ballots […]
[ad_1] Consumer Price Index in Kuwait rose 2.39% year-on-year in July 2025/Image: File Kuwait’s consumer price index (CPI) recorded a significant increase of 2.39% in July 2025 compared to the same month the previous year, according to data from the Kuwait Central Statistical Bureau (CSB). The rise reflects inflationary pressure primarily driven by higher prices […]
[ad_1] Oman’s overall inflation climbed modestly by 0.81% during January–May 2025/Representative Image TL;DR: Oman’s inflation rose by 0.81% in the first five months of 2025, compared to the same period in 2024. Import prices increased by 1.3%, producer prices by 4.1% in Q1. Food inflation declined slightly due to cheaper vegetables and seafood; highest price […]
[ad_1] US President Trump renewed his criticism on Thursday of Federal Reserve chair Jerome Powell, complaining the Fed is refusing to lower interest rates. Trumpsaid cutting interest rates would be “like jet fuel” for the economy “but he doesn’t want to do it”. He said Powell is “not in love with me”. Fed this week […]
[ad_1] File photo: US federal reserve chair Jerome Powell (Picture credit: AP) US Federal Reserve Chair Jerome Powell on Wednesday warned that US President Donald Trump’s escalating and uncertain tariff policies could force the central bank into a difficult position where its key objectives, low inflation and maximum employment, might come into conflict. “I think […]
