Tag: Economic crisis
After wheat, India will restrict flour exports
Two months after the ban on wheat exports, the Indian authorities have just announced that they will also restrict those of flour, in order to prevent wheat from escaping the…
the emergency bill on purchasing power before parliamentarians
The government presented Thursday, July 7 in the Council of Ministers its emergency bill for purchasing power… A text which will be examined in the process in Parliament and will…
The French government unveils its inflation bill on Thursday
The long-awaited bill on purchasing power is presented on Thursday July 7 in the Council of Ministers. It is supposed to help households cope with inflation which again reached 5.8%…
a sharp rise in electricity tariffs alarms the private sector
In Madagascar, tense negotiations concerning the increase in electricity tariffs for businesses, between the private sector and Jirama, the public electricity and water distribution company. The latter announced to the…
the Minister of Economy and architect of the agreement with the IMF Martin Guzmán resigns
Argentine Economy Minister Martín Guzmán presented his resignation to President Alberto Fernandez on Saturday July 2. Main craftsman of the agreement with the International Monetary Fund (IMF) on the new…
In Germany and Spain, inflation still at the heart of concerns
In many European countries, inflation has reached record levels, fueled by the war in Ukraine which has caused energy and food prices to soar, but also the tensions generated by…
Sri Lanka has virtually no oil or foreign currency to buy food
Sri Lanka is practically out of petrol and diesel, the Minister of Energy announced on Saturday June 25, apologizing to motorists for the aggravation of the oil crisis. The only…
The dubious maneuvers of certain elites at the heart of the Sri Lankan crisis
Foreign exchange reserves are almost exhausted in Sri Lanka, which has forced the government to suspend the repayment of its loans abroad. It therefore struggles to buy all essential imported…
meager reserves of gas devoted to crematoriums, hospitals and hotels
In the grip of a historic economic crisis, Sri Lanka will devote meager gas reserves to crematoriums and priority industries, the Prime Minister announced after the arrival of a new…
Inflation continues to peak in many European countries
Inflation is still not running out of steam. Some European countries have already published their level of inflation and they are reaching or flirting with the peaks. Germany sets a…