Oil prices climbed over 3% on Tuesday on hopes for growing fuel demand after China’s central bank lowered a short-term lending rate for the first time in 10 months, boosting crude prices after steep losses the previous session. The rate cut is
Japan’s birth rate declined for a seventh consecutive year in 2022 to a record low of 1.26, the Health Ministry said Friday, adding to a sense of urgency in a country where the government is seen as too slow to take measures
High Street banks are facing demands to offer higher interest rates to their loyal savers (Image: GETTY) High Street banks are facing demands to offer higher interest rates to their loyal savers. Industry regulators should make High St giants improve “meagre” and
The Bank of England will have to raise interest rates to at least six percent to tame inflation, according to several former rate-setters. In a bid to tackle rising prices the Bank has raised its base rate twelve times in a row,
The UK’s unemployment rate has risen again unexpectedly while vacancies have fallen to the lowest level for 18 months as economic uncertainty weighs on the UK’s jobs market, official figures show. The rate of unemployment rose to 3.9 percent in the three
Owners of electric cars have been warned that their vehicles are losing value at up to twice the rate of petrol vehicles. Electric vehicles are estimated to be losing thousands of pounds every year with early switchers to EVs suffering price fall
The Consumer Price Index (CPI) inflation rate for the 12 months to March 2023 dropped to five percent, according to official figures. This is a decline from six percent in February 2023 and is the slowest pace for price rises since 2021.
Births in Italy dropped to a new historic low below 400,000 in 2022, national statistics bureau ISTAT said on Friday, as the population continued to shrink. Italy’s death of babies is considered a national emergency, and fixing the problem was a prominent
The mortality rate for all cancers among firefighters is 1.6 times higher than in the general population, a report has revealed. The Fire Brigade Union commissioned its own study on the safety of firefighters because of the reported lack of research in
Egypt’s Central Bank said it raised interest rates on Thursday as the embattled Middle Eastern country continues to battle surging inflation and a depreciating currency. In an online statement, the bank’s monetary policy committee said the most basic lending rate, the overnight