Economy
Wales First Minister Slams UK Cost of Living Measures as ‘Missed Opportunity’
Rhun ap Iorwerth criticizes the Chancellor's cost of living package, arguing for deeper action on energy prices rather than temporary tax cuts.
#Energy Prices 29 articles
Economy
UK Inflation Dips to 2.8%, but Analysts Foresee Future Rise
UK inflation unexpectedly fell to 2.8% in April, driven by lower energy bills. However, experts predict a rebound to around 4% by...
Economy
Japan’s Economy Grows 2.1% Annually on Consumer Spending
Japan's economy expanded at a 2.1% annualized rate in the January-March quarter, driven by robust consumer and business spending, government data shows.
Stocks
Hormuz Closure Threatens Brent at $150 by Summer, Morgan Stanley Warns
Morgan Stanley strategists warn that a prolonged Strait of Hormuz closure into June could push Brent crude prices to $150 per barrel...
Economy
Iran War Threatens Deeper Trade Crisis Than COVID
The Iran war's disruption of the Strait of Hormuz poses a greater, more acute supply chain challenge than COVID-19, forcing a fundamental...
Economy
BoC Ready to Hike Rates if Energy Prices Fuel Broader Inflation
Bank of Canada Governor Tiff Macklem told MPs that interest rate hikes are possible if high energy prices lead to persistent, generalized...
Economy
Minister: Price Hikes to Persist Eight Months Post-Iran War
UK faces prolonged price rises for energy, food, and flights for at least eight months following the end of the US-Iran conflict,...
World Business
Euro Area Business Activity Shrinks First Time Since Late 2024
Euro area business activity contracted for the first time since late 2024, driven by a weak services sector and suppressed demand linked...
Economy
Inflation’s Latest Climb: How 3.3% Impacts Your Wallet
New inflation figures show a rise to 3.3%, driven by fuel costs. Understand the implications for household budgets, food prices, and interest...