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Turkey’s central bank raises interest rate to 17.5%, but falls short of expectations

by Adrian Jhonsan
Turkey’s central bank raises interest rate to 17.5%, but falls short of expectations

Turkey’s Taksim Square, with the figure of Kemal Ataturk, the first president, and the Turkish flag in the background. Sopa Images | Lightrocket | Getty Images Turkey’s central bank on …

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Categories World

Food crisis fears rise as Russia-Ukraine tensions drive up wheat prices

by Adrian Jhonsan
Food crisis fears rise as Russia-Ukraine tensions drive up wheat prices

Known as the world’s “bread basket,” Ukraine grows far more wheat than it consumes and it’s exports contribute to global food security, especially in African countries, which now fear food …

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Categories World

Comparing Frozen Food Grocery Sales to Critical Cold Storage Supply Chains

by Milton Acorn
Comparing Frozen Food Grocery Sales to Critical Cold Storage Supply Chains

Americans love frozen food. Virtually all American households purchase frozen food at least once a year, but without resilient cold storage supply chain infrastructure, the growth and safety of the …

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Categories Science

Goldman Sachs reduces possibility of a U.S. recession within the next year

by Adrian Jhonsan
Goldman Sachs reduces possibility of a U.S. recession within the next year

Skyline of lower Manhattan and One World Trade Center in New York City and the Water’s Soul sculpture on July 11, 2023, in Jersey City, New Jersey. (Photo by Gary …

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Categories World

Wall Street downgrades as fears of Chinese deflation compound growth concerns

by Adrian Jhonsan
Wall Street downgrades as fears of Chinese deflation compound growth concerns

Fears are growing that China’s economy is tethering on the verge of deflation after yet another slate of underwhelming economic data July 17 provided more evidence that the stall in …

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Categories World

Second quarter sees Singapore’s economy grow by 0.7% compared to previous year

by Adrian Jhonsan
Second quarter sees Singapore’s economy grow by 0.7% compared to previous year

Exterior of the Singapore Exchange building. Bryan van der Beek | Bloomberg | Getty Images Singapore’s economy avoided a technical recession in the second quarter, growing 0.7% year-on-year and 0.3% …

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Categories World

Biden celebrates as inflation cools down

by James Odonell
Biden celebrates as inflation cools down

U.S. U.S. President Joe Biden speaks in the Eisenhower Executive Office Building in Washington, D.C., U.S., on Tuesday, May 10, 2022. Ting Shen | Bloomberg | Getty Images WASHINGTON — …

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Categories Politics
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