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The price of oil fell dramatically. Escalating fears of an economic recession...

A barrel of Brent-type oil was trading just above the $107 mark on Tuesday afternoon, while still holding above $114 in the morning. Oil thus...

Britain faces its highest inflation in 40 years. The Kingdom is the...

Inflation in the UK will still reach double digits by the end of this year. This is according to the current estimate of the Bank...

Oil demand will slow next year, OPEC estimates

While global oil demand will increase by nearly 3.5 million barrels per day this year, growth is expected to be just two million barrels...

The Japanese yen is the weakest against the dollar in a...

The US dollar continues to enjoy investor interest. While it is strengthening, other countries' currencies are weakening. The Japanese yen hit its lowest level against the...

The dollar climbed to a four-week high. Ironically, thanks to 40...

The U.S. dollar hit its highest level against a basket of currencies in four weeks. Investors reacted to the surprising May inflation data, which climbed...

Turkey holds the highest inflation rate in 23 years. Food prices...

Rising energy prices, supply chain problems and the Turkish Central Bank's unorthodox monetary policy strategy led by Recep Tayyip Erdogan. These are the main causes...

Inflation in the eurozone rose significantly in May. Price growth has broken...

Energy was also the biggest contributor to the pace of consumer price increases in May. Electricity and gas grew by more than 39 percent year-on-year,...

German inflation continues to accelerate. In May, it climbed to its highest...

The European Central Bank will probably have to raise interest rates even more than originally expected. Inflation in Europe's largest economy is still rising and...

Inflation in the United States shows signs of slowing, Commerce Department...

Although one indicator of the price level suggests that inflation in the United States is starting to slow down, the US Federal Reserve will...

Light at the end of the tunnel? Inflation in the US...

The United States may have seen a light at the end of the price increase tunnel. Their annual inflation rate in April was 0.2 percentage...

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