A series of shocks have combined to send prices spiraling in the UK. Inflation is a global problem, but Boris Johnson’s government is being accused of making things worse for consumers. The UK is entering...
Way back, in 1944, at what is known as the Bretton Woods Conference, representatives of the nations of the world took the curious decision to designate the US dollar, which is actually a national currency,...
New week, same refrain. Stocks down, yields up, and the dollar is broadly higher. The Nikkei and Taiwan fell by more than 2% and South Korea and Australia were off more than 1%. China’s Shanghai...
China’s zero-COVID policies are beginning to severely hit the country’s global export engine. Prolonged lockdowns led to particularly sluggish export growth in April, new figures show. China’s export growth fell sharply to 3.9% in April,...
The sharp sell-off of US equities yesterday weighed on global equities today. The Asia Pacific bourses were a sea of read with many of the large markets off 2%-3%. Japan, which returned from a three-day...
The European Commission said that Apple apparently “abused its dominant position” in developing its Apple Pay system. The US company could face billions in fines. The EU’s top executive body said on Monday that it has...
With Facebook’s rebranding to meta, metaverse has attracted a wide range of organisations and academics worldwide. While multiple immerging virtual worlds connect with one other, the internet will play a vital part in the metaverse’s...
Turkey is trying to attract more Russian tourists by expanding the usage of the Russian Mir payment system in Turkey as it seeks to bypass payment bottleneck created by Western sanctions. Turkey wants to boost...
Covid 19 pandemic has changed our way of life unpredictably. Consumer buying behaviour towards necessities and non-necessities has been impacted differently by the two-year prolonged pandemic situation. Spending patterns of an individual in both categories...
Russia’s decision to cut gas supplies to Poland and Bulgaria and the sharp sell-off in US equities yesterday casts a pall over the markets today. But not the dollar. The euro punched through $1.06 for...
Not just those at the centre of the (unfortunate) events, even millions of others watching from the sidelines may need support to overcome the unfolding trauma. With the series of unfortunate events that have unfolded...
Weekends are sacrosanct. The overworked Indian population strives to bond with their relatives, friends and make the most of the 2 or 1.5 or 1 day weekends. More often the conversations tend to have this...