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Business

Inflation still surging; GSS records 50.3% in November

In November 2022, Ghana's inflation increased by 9.9% to reach 50.3%, according to the most recent data from the Ghana Statistical Service (GSS). This was...

World

Protesters in Mongolia attempt to storm state palace

Thousands gathered to protest the economy and rising inflation in the midst of a corruption scandal. Thousands of people braved subzero temperatures in Mongolia's capital...

Independent Africa

Inflation, debt pile pressure on Ghana’s economy

Ghana is experiencing a deep economic crisis, with a rampant inflation that has reached almost 40% and its currency that has fallen by almost...

World

Rising inflation: Portugal’s public health sector strike over pay

The strike over rising living costs comes just a week before the final vote on the 2023 budget. Thousands of doctors, nurses, teachers, and civil...

World

Half a billion of levelling up funding will be lost to inflation, says think tank

The leading think tank for the north of England, IPPR North, has calculated that £1 in every £13 allocated through the Levelling Up and...

World

Wages rise by more than expected but unemployment also grows, Office for National Statistics figures show

The latest wage figures will likely concern policymakers at the Bank of England who fear increases will fuel inflation further down the line. Wage growth...

Business

Cost of living: Shares up as US inflation cools

Share prices have risen as investors greet official data showing that the cost of living in the United States increased at a slower-than-expected rate...

World

US: Consumer prices are finally beginning to fall

In October, prices rose less than expected, pushing inflation below 8% for the first time this year. Price increases in the United States moderated last...

World

Train drivers from 12 different companies will strike again later this month

The announcement of another train driver strike comes on the same day that London Underground workers go on strike, rendering large sections of the...

Headline

Food, fuel prices shoot October inflation to 40.4%

Ghana Statistical Service (GSS) has revealed that the country's inflation, as of October 2022, stood at 40.4 %. The staggering rate which grew from 37.2%...

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens

Kanye West’s Heil Hitler song bans him from entering Australia