Tag: Inflation

Australia’s Business Confidence Plunges to Near-Crisis Levels: Are Rising Fuel Costs and Interest Rates Threatening Economic Growth?

Business Asanga Divulweva -
CANBERRA, 13 October 2026—There is no doubt that the increase in fuel prices, borrowing costs and uncertainty regarding the...

Australia’s Dollar Is Shifting—Could One Currency Move Turn a Profitable Deal Into a Costly One?

Business & Trade Asanga Divulweva -
Sydney, Australia – October 6, 2026 – What could be in Australia this week, business-wise, turns out to be...

Sri Lanka Sets Its Inflation Target at 5%—But the Starting Point Is a Troubling 8%

Business Asanga Divulweva -
COLOMBO, Sri Lanka, October 5, 2026 -- In another interesting policy declaration, Sri Lanka has set a new target...

Sri Lanka breaks into global tourism top 10: What’s driving the island’s tourism surge?

Asia Sarojini P -
Sri Lanka (Commonwealth Union)_ Sri Lanka has emerged as one of the world’s fastest-improving tourism economies, despite years of...

The Kiwi’s Strange Slide: Why Is New Zealand’s Dollar Falling Despite Rate-Hike Bets?

Pacific Asanga Divulweva -
WELLINGTON, 25 September 2026 — New Zealand’s currency is in a noteworthy situation, where the expectations of a rise...

Inflation Emerges as Key Driver of Canada Child Benefit Cost Increase

Canada and Caribbean Roshan Abayasekara -
Canada’s post-pandemic inflation surge has emerged as the main factor behind a sharp increase in federal spending on the...
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A Distant Conflict, A Local Cost: ADB Puts $210 Million Behind Fiji’s Economic Resilience

Pacific Asanga Divulweva -
Fiji is being affected by a crisis that took place thousands of kilometres away from it in terms of...

New Zealand House Prices Sink to a Three-Year Low — But Buyers Still Aren’t Biting

Real Estate Asanga Divulweva -
WELLINGTON, 7 September 2026 – The housing market in New Zealand is showing a hint that the growth of...

Will the Bank of England Hold Interest Rates at 3.75% for the Rest of 2026 Despite Rising Inflation Risks?

Europe Roshan Abayasekara -
The Bank of England (BoE) may leave interest rates unchanged at 3.75% for the rest of the year. This...

New UK cost of living crisis looms with soaring energy bills predicted to lift inflation

Europe Roshan Abayasekara -
The latest reading is expected on Wednesday, 19 August ’26, likely to frame the scale of the challenge for...

Egypt’s Inflation Paradox: Prices Barely Rise in July, but the Cost-of-Living Squeeze Intensifies

Mena Asanga Divulweva -
Egypt’s Inflation Paradox: Prices Barely Rise in July, but the Cost-of-Living Squeeze Intensifies Cairo, August 11, 2026 – Egypt’s inflation...

FOMO Is Fading: How Australia’s Housing Market Went from a Buying Frenzy to a Waiting Game

Real Estate Asanga Divulweva -
Australia’s housing system has stopped moving to the beat of panic buying as it used to. Investors rushing to...

Can the AI Boom Protect Global Manufacturing from War and Inflation Pressures?

Business & Trade Roshan Abayasekara -
Eurozone manufacturing output closed out its best quarter since early ’22 last month. This was as U.S. factory activity...

Rich Dad Poor Dad: A Financial Wake-Up Call That Challenges Everything You’ve Been Taught About Wealth

Book Reviews Asanga Divulweva -
Few books have caused as much discussion, expression of admiration, and self-reflection on personal finance in modern history as...

One Strait, Global Impact: Why Hormuz Tensions Could Hit Every Wallet

Mena Asanga Divulweva -
The United Arab Emirates (UAE) has given one of their strongest warnings yet to Iran regarding any attempts from...

Bank of Canada Rate Decision: Will Policymakers Stay on Hold Despite Oil-Driven Inflation Risks?

Canada and Caribbean Roshan Abayasekara -
Economists believe that the Bank of Canada (BoC) is widely expected to retain rates on hold on Wednesday 25...