 |
Prospects slim for major global economic pickupThe world economy may be set for another year like 2015, with modest growth in developed economies offsetting persistent weakness elsewhere but generating very little inflation and keeping interest rates low. The US Federal Reserv More… |
 |
Egypt urban annual inflation slows to 9.8pcEgypt's annual urban inflation rate slowed to 9.8 percent in February from 11.4 percent in January, the official statistics agency Capmas said on Monday. Annual inflation reached its highest rate in nearly four years in Novemb More… |
 |
Currency war 'may lead to global crisis'Author James Rickards, a Wall Street veteran, argues in his new book, "Currency Wars," that government attempts to devalue their currencies and inflate away their debts could set the stage for the mother of all financial crises, complete with a do More… |
 |
Saudi cbank 'not worried' about inflationSaudi Arabia's inflation levels are not worrying and will continue to decline, the country's central bank governor Muhammad Al-Jasser has said. "Inflation levels are not worrying. Inflation has become stable since the be More… |
 |
Egyptian inflation falls to year low in MarchUrban consumer inflation in Egypt fell to its lowest level in a year in March, but was still a touch above analysts' expectations because of rising food prices. Egypt's state-run statistics agency Capmas said urban inflation, the most clos More… |
 |
Saudi cbank sees further drops in inflationSaudi Arabia's central bank on Monday said it expects inflation to further decline in February and March after it hit a 12-month low in January, due mainly to a slower rise in home rents and drops in steel and food prices. "On the basis of More… |
 |
Gulf inflation threat mounts as oil hurdles to $150Oil's rapid acceleration toward $150 a barrel threatens to spur Gulf Arab inflation to new records as currency pegs to the ailing US dollar prevent the oil producers from mopping up excess liquidity. As Gulf central bankers prepare for a k More… |
