English

More about this topic

Venezuela

Half a burger? Here's what one month's pay will get you in Venezuela

Minimum wage in Caracas can buy you five cups of coffee — or half a burger. But what other things can you buy with one month's pay in the South American country?

Economy

UK inflation defies expectations

The British pound slipped to a one-week low on Wednesday as lower-than-expected inflation data undermined the chances of an interest rate rise.

Economy

Will Brexit harm the UK economy?

Pre-Brexit referendum, the UK economy was strong and is still growing but from one of the fastest it's fallen to one of the slowest

Venezuela

Three less zeros for Venezuelan bank notes

Venezuelan President Nicolas Maduro has announced that the country's bank notes will be re-issued but with three less zeros. The move is the result of a economic crisis that has seen the bolivar plummet against other currencies.

ADVERTISEMENT

Economy

Eurozone inflation lower than expected

European Central Bank President Mario Draghi says he sees no reason to change current policy

Economy

Inflation jump raises rate rise worries in USA

America's Federal Reserve may be prompted to act more drastically should inflation take off, and higher interest rates mean slower economic growth.

Venezuela

Maduro says he's ready to stand for re-election

Venezuelan president hopes to take advantage of opposition disarray

Venezuela

Law and order breakdown in parts of inflation-hit Venezuela

Shops and homes are looted for a second night as people struggle to buy food

Venezuela

Caracas stores mobbed as Maduro forces price cuts

One major supermarket in the Venezuelan capital didn't open for hours. When it finally did, only crackers and washing liquid were discounted, just as millions cannot eat three proper meals a day.

Economy

European Central Bank keeps stimulus measures on track despite growth

The European Central Bank raised growth and inflation forecasts for the euro area but stuck to its pledge to provide stimulus for as long as needed, predicting inflation would remain below target into 2020.

Economy

Bank of England keeps interests rates on hold

The Bank of England keeps interest rates on hold as real wages fall and consumers suffer biggest loss of spending power in 40 years.

Economy

UK inflation hits near six-year high

BoE will have to write to Chancellor after breaking through 2% target ceiling to reach 3.1% in November.

Economy

Mnangagwa vows to revive Zimbabwe's economy

Emmerson Mnangagwa, Zimbabwe’s newly inaugurated president, has vowed to revive the country's economy

Economy

UK economy: moderate growth but inflation remains high

UK economy: Britain is on course for its longest fall in living standards since records began, with wages not returning to their pre-financial crisis levels until at least 2025

Economy

UK inflation holds firm despite rising food prices

Economy

UK jobless rate stays at record low

Unemployment is at its lowest level for more than four decades but inflation threatens to rise

Economy

UK inflation highest since 2012

British inflation rose to its highest level in more than five years for September, adding to the likelihood that the Bank of England will raise interest rates next month

Economy

UK inflation rises to 2.9%

Venezuela

Maduro ready 'to be a dictator' to help Venezuela

Venezuela continues to reel under a political and economic crisis but President Nicholas Maduro shows no sign of changing course. Maduro says he's willing to be a dictator if it will help turn the country around.

Economy

British economy shows signs of 'slowdown' in latest growth estimate