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Russia faces stagflation threat as growth slows
Russia faces stagflation threat as growth slows
by  AFP

Prices for bread have jumped so much over the last few years that Russian pensioner Oleg Ivanovich sometimes has to go without. When the special military operation ends, prices will return to normal," he told AFP in Moscow, using the official Russian term for the offensive.

With inflation slowing, ECB to cut rates again
With inflation slowing, ECB to cut rates again
by  AFP

With inflation slowing and the economic outlook darkening, the European Central Bank is expected to cut interest rates again Thursday but is unlikely to give much away about its next moves. The Frankfurt-based central bank made its first cut in June, reducing the key deposit rate to 3.75 percent from a record high of four percent.

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