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Tuesday, January 31, 2023

Tag: russia's invasion of ukraine

Goldman sees Turkey inflation of near 80% before relief comes

New York (The Times Groupe)- Inflation in Turkey has reached over 70 percent. Yet, Goldman Sachs predicted on Friday that annual inflation in Turkey will reach almost 80% before decreasing to 60% by the end of 2022 due to favourable base effects.

Crude oil prices little changed as recession worry offsets higher demand outlook

Huston (The Times Groupe)- Oil prices were little changed on Monday amid worries over a possible recession and the prospect of higher fuel demand with the start of the U.S. driving season and Shanghai's plans to reopen after two months of quarantines due to the Coronavirus.

Oil prices raise inflation, China lockdown worsens supply disruptions

Washington (The Times Groupe)- As crude oil prices rise, inflation widens while China's lockdown on Coronavirus worsens supply disruptions, Federal Reserve Chair Jerome Powell said Wednesday.

Finland, Sweden to begin NATO application in May, say local media reports

Helsinki (Times Of Ocean)- Finland and Sweden will jointly express their desire to join NATO in May, the tabloids Iltalehti in Finland and Expressen in Sweden reported on Monday, citing sources.

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