Cash-strapped Sri Lanka raised interest rates one percentage point Friday, the second sharp hike in three months, as the central bank warned of 80 percent inflation...
The US Treasury said Wednesday it was freezing the assets of members of an international network for violating oil sanctions on Tehran by selling millions of...
US central bankers last month flagged the concern that sky-high inflation could become persistent and reiterated their willingness to continue raising interest rates to tamp down...
Spain said Wednesday it was hoping to reach its record visitor numbers of 2019 after two years of pandemic restrictions, although soaring inflation figures suggest tough...
Unable to switch on lights or heaters, cook dinner or charge their phones, South Africans are spending their mid-winter evenings plunged in darkness and low-tech living....
Fuel prices soared in Ethiopia on Wednesday after the government reduced subsidies, adding to economic hardship for people already struggling with high inflation. The price of...
Britain’s new finance minister, Iraqi-born Nadhim Zahawi, has inherited a cost-of-living crisis that risks pushing the UK economy into recession. The former education minister was parachuted...
Long before whiteboards, beamers and laptops entered modern school classrooms, teachers relied on the humble, dusty, sometimes screechy blackboard chalk — a material that has created...
American ice cream brand Ben & Jerry’s said Tuesday it is suing its parent company Unilever to block a move that would see its product sold...
Top officials from the United States and China held a “candid” video call on Tuesday to discuss global economic challenges, especially regarding supply chains. The exchange...