Economic

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

Restaurateurs reveal the small changes in diner habits that suggest America may be in serious economic trouble

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Smoke Shop BBQ, which has several locations in the Boston area, has reported a significant slowdown in sales as customers stop eating out.

Americans are starting to tighten their purse strings and eat out less, raising alarm bells among restaurant owners that the U.S. economy may be on the brink. Research firm Circana found that the number of people visiting restaurants fell 2.6 percent during the first half of the year, the Boston Globe reported, a trend driven … Read more