Inflation

Auto Added by WPeMatico

Remittances drive ‘uneven, but swift’ crypto adoption in Latin America

by

The Latin American region now makes up for a 9.1% share of the global crypto value received in 2022 with remittances and high inflation the highest drivers of adoption. Go to Source Powered by WPeMatico

Investor Richard Mills Says Economy Is Rushing Into a ‘US Dollar Crisis of Epic Proportions’

by

While the U.S. dollar has been extremely robust in recent times, compared to a myriad of fiat currencies worldwide, a number of analysts and economists think the greenback will eventually falter in an inconceivable manner. The owner of aheadoftheherd.com, Richard Mills, published a comprehensive research post on Wednesday called “Walking Dead U.S. Dollar,” warning that … Read more

Euro Area Annual Inflation Jumps to 9.9% in September, Cost of Bread Skyrockets, Protests Erupt

by

According to the European Union’s statistics office Eurostat on Wednesday, Euro area annual inflation is up to 9.9% in September, up from 9.1% in August. The inflation rate in September tapped a 40-year high, and investors suspect that the eurozone is “at risk of a financial meltdown.” European Union’s Consumer Price Index Taps a 40-Year … Read more

Biden Says US Economy Is ‘Strong as Hell’ — White House Claims the President ‘Has Done the Work’ to Fix Inflation

by

U.S. President Joe Biden has been criticized for stating that the U.S. economy is “strong as hell” as inflation rises to a 40-year high. Meanwhile, the White House claims that Biden understands and “has done the work” to fix the inflation issue. Joe Biden Believes the U.S. Economy Is ‘Strong as Hell’ President Joe Biden … Read more

Argentina to Launch ‘Fair Prices’ Program to Battle Raging Inflation Numbers

by

The government of Argentina has begun to act in several directions to control the raging inflation numbers registered this year. Sergio Massa, minister of treasury, proposed a program called “Fair Prices,” to force retailers and producers to establish a fixed price on various products, to be maintained for up to 90 days. Argentina to Rely … Read more

Survey: 98% of CEOs Preparing for US Recession — Confidence at Lowest Level Since Great Recession

by

The Conference Board has found that 98% of chief executives surveyed are preparing for a U.S. recession while 99% of CEOs are preparing for an EU recession. “CEO confidence sunk further to start Q4 and is at its lowest level since the Great Recession,” the organization said. 98% of CEOs Expect Recession in the US … Read more