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Tag: Inflation

Is Canada on the Brink of Recession? The Bank of Canada’s Shocking Pause Raises Big Questions

Canada and Caribbean Wasana Nadeeshani -
Commonwealth The Bank of Canada has chosen to hold its key policy interest rate at 2.75%, pausing for the first...

Gamers Stunned as Console Prices Skyrocket Overnight!

Pacific Piumi Fernando -
Sony Interactive Entertainment has announced an increase in the recommended retail price of its PlayStation 5 (PS5) console in...

Nigeria’s Economy in Freefall: How Did Africa’s Giant Lose 72% of Its Wealth?

Africa Warsha De Silva -
Africa (Commonwealth Union) _ Nigeria, Africa’s largest oil producer and home to over 200 million people, is grappling with...

Nigeria’s Desperate Struggle: The Shocking 65% Drop in GDP That’s Devastating Millions!

Africa Warsha De Silva -
Africa (Commonwealth Union) _ Nigeria, Africa’s largest oil producer and home to over 200 million people, is grappling with...

Revolutionary Labour Migration Policy: How Malta’s Bold Move Could Transform Its Economy!

Pacific Piumi Fernando -
(Commonwealth_Europe) The Labour Party issued a statement highlighting the government’s progress in the public consultation process surrounding the Malta...

Australia Wants Lower Interest Rates—But Could That Backfire on the Economy?

Pacific Piumi Fernando -
There has been a growing push to persuade the Reserve Bank of Australia (RBA) to reduce interest rates. However,...
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Tax Hikes, Cost Pressures, and Inflation: Can UK Businesses Stay Afloat?

Europe Hafsah Zuhar -
(Commonwealth_Europe) Many businesses in the UK are facing intense financial pressure, with more than half planning to raise prices...

Will the CBN’s Rate Hike Derail Nigeria’s Market Rally?

Africa Warsha De Silva -
Africa (Commonwealth Union) _The Nigerian stock market faced a significant setback, shedding N209 billion in market capitalization on Wednesday...

What Would a Trump Comeback Mean for Australia’s Economy?

Pacific Piumi Fernando -
The potential re-election of Donald Trump as U.S. President could introduce significant changes to the global economy, with various...

Can New Zealand Avoid a Recession? Service Sector Slump and China’s Deflation Raise Concerns

Pacific Piumi Fernando -
New Zealand's economy continues to face significant challenges, with one of the main concerns being the ongoing contraction in...

Price rises for soft drinks and chocolates in UK supermarkets

Europe Hafsah Zuhar -
(Commonwealth_ UK) In September, grocery price inflation hit 2%, reflecting a noticeable rise in average supermarket prices compared to...

NBFC Education Loans Surge as Indian Students Flock Overseas

Commonwealth Education Sarojini P -
India (Commonwealth Union)_ In the wake of escalating demand for higher education abroad, India's non-banking financial companies (NBFCs) are...

UK inflation rises for the first time in 2024

Europe S De Silva -
Europe, UK (Commonwealth Union) – In the latest data released by the Office for National Statistics (ONS), the Consumer...

India to lower interest rates

Asia Hafsah Zuhar -
Vikas Jain, Head of Fixed Income, Currencies, and Commodities at Bank of America in India, has presented an optimistic...

Nigerian protests continue despite presidential appeal for calm

Africa Warsha De Silva -
Africa (Commonwealth Union) _ Protests against economic hardship continued for a fifth day in several Nigerian states on Monday,...

Clashes, deaths and government crackdown

Africa Warsha De Silva -
Africa (Commonwealth Union) _ Mass protests against Nigeria's deepening economic crisis turned deadly as security forces clashed with demonstrators,...

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