Spain’s birth rate has dropped to its lowest level since records started in 1941, provisional data from its National Statistics Institute (INE) showed on Wednesday, with just 322,075 babies adding to the country’s population of 48.6 million in 2023. Last year’s Spanish
South Africa’s unemployment rate, already the highest in the world, rose to 32.1% in the fourth quarter of 2023, according to official government figures released on Tuesday. The Quarterly Labor Force Survey reported that the number of unemployed working-age people in South
Sir Jacob Rees-Mogg has blasted the “failing” Bank of England and called on the Government to re-open the question of its independence. The demand comes after former Bank of England chief economist Andy Haldane warned that the central bank could “crush” the
Hafize Gaye Erkan, the first woman to lead Turkey’s central bank, has resigned after facing allegations of nepotism and media scrutiny. Fatih Karahan, appointed as Erkan’s replacement, has suggested a continuation of higher interest rates. Despite significant interest rate hikes, Turkey’s inflation
Jeremy Hunt has warned interest rates must be cut because of the financial “pain” families are going through. The Chancellor said that rates should be slashed from their current 5.25 percent because inflation has started to plunge. Mr Hunt’s remarks came during
Jeremy Hunt has warned interest rates must be cut because of the financial “pain” families are going through. The Chancellor said that rates should be slashed from their current 5.25 per cent because inflation has started to plunge. Mr Hunt’s remarks came
Eurozone inflation has ticked up sharply, putting hopes of a cut in interest rates in jeopardy, with Christine Lagarde, President of the European Central Bank warning prices could continue to increase for months. The 2.9 percent figure released today was up from
North Korean fertility rates are in free-fall and far below levels necessary to replace its aging population, South Korea’s central bank claims. The Bank of Korea’s Economic Research Institute shared its data on Friday, claiming fertility rates in North Korea have dropped
Turkey’s central bank hiked its key interest rate by 2.5 percentage points on Thursday as part of its efforts to combat high inflation that has left many households struggling to afford rent and essential items. The bank’s Monetary Policy Committee raised its
Aston Villa can go top of the Premier League on Friday if they beat Sheffield United, and will stay at the summit for Christmas Day if Liverpool and Arsenal draw at Anfield on Saturday. But are the Villans – who last won