crisis

Field Report: Bangladesh faces severe economic crisis as unrest hits businesses

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Field Report: Bangladesh faces severe economic crisis as unrest hits businesses

Bangladesh, which remains on the brink of instability, is facing a severe economic crisis. According to data from the Bangladesh Bureau of Statistics, the consumer price index (inflation) hit a 12-year high of 11.66 percent in July. Food inflation, in particular, exceeded 14 percent in July for the first time in 13 years, The Daily … Read more

Fears of a US recession are gripping markets: but is the world’s largest economy really heading for a crisis?

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Rates: The Federal Reserve, led by Chairman Jerome Powell (pictured), is under pressure to cut interest rates by 0.5%, rather than the expected 0.25%, at its next meeting in September.

When America sneezes, the rest of the world catches a cold: is the oft-quoted saying that reflects both the dominant role the US economy plays in the world and the importance of its stock and bond markets to the wealth of investors around the world. Well, he may not have sneezed in the last few … Read more