Published by Promoting Economic Pluralism
Kat Johnston didn’t expect the pandemic to make her less stressed about her finances. After all, she temporarily lost her job at the library where she worked full time. But, …
Inflation is expected to remain high later this year even as the economy slows and layoffs rise Read More
The Bank of England has raised interest rates for the fifth time in a row to 1.25% and set the scene to act more “forcefully” ahead because of a mounting …
Fifth consecutive hike as interest rate raised to 1.25% by Bank of England Read More
Apple is getting into the “buy now, pay later” (BNPL) business with its new Pay Later service built into Apple Pay and Apple Wallet. While Apple bills the service as “designed with …
The ugly economics behind Apple’s new Pay Later system Read More
MUMBAI — For over a decade, Mattias Martinsson has been investing in frontier economies, including Pakistan, Bangladesh and Sri Lanka. Now, he says, South Asia is “in the eye of …
Beyond Sri Lanka, economic cyclone bears down on South Asia Read More
There are few good things about living through a period with the highest inflation in four decades, but here’s one: It’s a chance to re-examine what happens in an economy …
Is ‘Greedflation’ Rewriting Economics, or Do Old Rules Still Apply? Read More
The UK economy is “grinding to a halt” as a tightening cost of living squeeze sends a chill through private sector activity, reveals a closely watched survey. Households are cutting …
UK economy is ‘grinding to a halt’ amid cost of living crisis Read More
NEW DELHI — With one brother president, another prime minister and three more family members cabinet ministers, it appeared that the Rajapaksa clan had consolidated its grip on power in …
Sri Lankan power family falls from grace as economy tanks Read More
SCOTLAND is suffering a “cost of living with Westminster crisis”, it has been claimed, after stark reports revealed the full impact of Brexit on soaring inflation and food prices. The trade agreement between the …
Scotland suffering ‘cost of living with Westminster crisis’ amid stark Brexit inflation report Read More
US Treasury Secretary Janet Yellen said Thursday the global pandemic and Russia’s invasion of Ukraine highlight the possibility of big economic shocks in the future, adding that downturns are “likely …
Possibility of ‘large’ economic shocks in future, Yellen warns Read More
Economic expansion in the euro zone began 2022 on a weak footing — underscoring the damage from soaring energy costs and worsening supply snarls following Russia’s invasion of Ukraine. Output …
Euro Zone Barely Grows as Germany Dodges Recession: GDP Update Read More