Recession worry-warts did not find much to fan their anxiety in Friday's stronger-than-expected U.S.
Item A on next British PM's agenda: inflation crisis
The resignation of Prime Minister Boris Johnson deepens the uncertainty hanging over Britain's economy, already under strain from an inflation rate heading for double digits, the risk of a recession and Brexit.
Britain faces an unsustainable debt burden more than three times its current level unless future governments raise taxes to fund increasing costs from an ageing population and falling revenue from taxation on motor fuel, a watchdog warned on Thursday.
The Bank of Japan is expected to raise its inflation forecast but maintain ultra-low interest rates at this month's policy meeting, sources say, as fears of a U.S.
It's not a great time to be a hummus fan.
Hopes that the Polish central bank's monetary policy tightening cycle may be nearing its end could be shattered by government policies aiming to support domestic demand and ease the pain of inflation in a pre-election year, economists say.
Bank of England chief economist Huw Pill warned on Wednesday that Britain's economy would slow to a crawl over the next 12 months and repeated his preference for a "steady-handed" approach to raising interest rates.
I.Coast eyes cassava for its bread as wheat prices surge
Japan has been left with unspent budget totalling 22.4 trillion yen ($161.41 billion) from the last fiscal year, a draft seen by Reuters showed on Tuesday, which analysts say may raise questions about the way stimulus measures are implemented.
Crisis-hit Sri Lanka will present a debt restructuring plan to the International Monetary Fund by the end of August, in a bid to win approval for a four-year funding programme, the prime minister said on Tuesday.
The Bank of Japan may adjust its ultra-loose monetary policy before dovish Governor Haruhiko Kuroda's term ends next April, if the economy strengthens enough to spur higher wages, former central bank executive Eiji Maeda told Reuters on Tuesday.
Turkish inflation hits two-decade high of 78.6%
European shares rose on Monday on gains in oil and gas companies, while investors awaited eurozone inflation data after a red-hot consumer price report last week cemented the case for an interest rate hike by the European Central Bank (ECB).
Bundesbank President Joachim Nagel objected to the European Central Bank's promise of fresh support for the bloc's indebted south at an emergency meeting last month, reviving a divide between the ECB and its biggest shareholder, sources familiar with the matter told Reuters.
President Emmanuel Macron's government will get its first taste of life under France's new political order in the days ahead when it tables a bill to help households cope with runaway inflation without a controlling majority in parliament.
The contract covering more than 22,000 workers at 29 U.S.
U.S. mortgage lenders, refinancing companies and real-estate brokers may lay off thousands of employees in the coming months, industry sources said, as many Americans put off buying a home.
Eurozone inflation hits record, as gas crunch looms
If dramatic losses seen in the first half of 2022 are maintained over the coming months, U.S.
Oil prices are expected to stay above $100 a barrel this year as Europe and other regions struggle to wean themselves off Russian supply, a Reuters poll showed on Thursday, though economic risks could slow the climb.
Britain's economy is struggling under the strain of two major risks in the form of double-digit inflation and a possible recession, leaving the Bank of England in a dilemma about how much further it should raise interest rates.
The Bank of Japan (BOJ) may need to adjust its ultra-easy policy if inflation keeps exceeding its forecast, such as by replacing its yield cap with a looser reference range for long-term interest rates, a former central bank executive said on Wednesday.
Aquaculture drives aquatic food yields to new high
Pakistan said on Tuesday that it has received economic and financial targets from the International Monetary Fund (IMF) that once agreed and ratified should pave the way for multilateral lender to unlock a suspended bailout programme.
Britons are shifting to cheaper food alternatives in their supermarket shopping as they try to navigate a worsening cost of living crisis, industry data showed on Tuesday.
OPEC's oil revenue surged in 2021 as prices and demand recovered from the worst of the COVID pandemic, while the number of its members' active rigs posted a modest rebound and new completed wells declined, data from the group showed.
Turkey's troubled lira rallies on 'backdoor capital controls'
Russia denies defaulting on debts
Britain, like much of Europe, is suffering from rocketing inflation and stagnant economic growth, raising the prospect of a summer of strikes across the continent.