The fallout from the 2008 global financial crisis refuses to go away and now leading economists may be looking to upend traditional neoliberal economic policy.
Major US indices ended at records for the third straight day following better-than-expected reports on economic growth and durable goods orders.
The inflation rate will fluctuate between 11.5 percent and 16.3 percent through the end of this year, Central Bank Governor Murat Uysal said during Inflation Report 2019.
September 15 marks the 10th anniversary of the collapse of Lehman Brothers. It was the fourth largest US investment bank at the time, and its demise is considered one of the defining moments of the 2008 financial crash.
Seventy million out of Egypt's 95 million people now rely on government ration cards to buy food as the cost of living in the country has increased.
The South American nation’s economy has been steadily collapsing since the crash of oil prices in 2014 left it unable to maintain a socialist system of subsidies and price controls.
Venezuelans are suffering as the economic crisis in the country worsens. Many are depending on relatives who are providing them with funds from abroad.
Concerns about rising consumer prices and a bigger US budget deficit spark a selloff in fixed income markets as oil prices settle flat after week of losses and gold rises
Unemployment, corruption and austerity measures in the 2018 budget have fuelled widespread protests in the North African country,
Designed nearly three years ago to fight off the threat of deflation, the Eurozone bond purchase scheme has cut funding costs, revived borrowing and lifted growth but failed to raise inflation back to the ECB’s target of almost 2 percent.
Supported by the sharp drop in food inflation in April, Turkey's consumer price index rises 6.57 percent from last year, providing more space for Turkey's Central Bank to cut interest rates further.
Subscribe to our Youtube channel for all latest in-depth, on the ground reporting from around the world.
Copyright © 2020 TRT World.