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Articles on Inflation

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Buildings sit in the water along the shore following Hurricane Fiona in Rose Blanche-Harbour Le Cou, Nfld. Fiona left a trail of destruction across much of Atlantic Canada. THE CANADIAN PRESS/Frank Gunn

On the brink: Global crises ranging from climate to economic meltdown demand radical change

Amid a number of major crises, the world clearly needs radical change. But what will it look like? The desire to return to pre-pandemic ‘normal’ is powerful, but ‘normal’ is what got us where we are today.
The hard hats likely came in handy recently for Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng. Stefan Rousseau/Pool Photo via AP

Plunging pound and crumbling confidence: How the new UK government stumbled into a political and financial crisis of its own making

Liz Truss took over as prime minister with an ambitious plan to cut taxes by the most since 1972 – investors balked after it wasn’t clear how she would pay for it
A trader at a fresh food market in Nakuru Town. in Kenya. Food inflation has hit double digit figures. Photo by James Wakibia/SOPA Images/LightRocket via Getty Images

Three reasons why the US Federal Reserve Bank holds the world in its hands

The reality is that the US Federal Reserve has decided price rises must be addressed by raising interest rates. African countries have no choice by to follow suite.

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