UK Jobless Rate Rises Amid Economic Headwinds
The UK unemployment rate increased to 5.0% in early 2026, signaling growing economic distress and potential job cuts.
The UK unemployment rate increased to 5.0% in early 2026, signaling growing economic distress and potential job cuts.
Global finance chiefs acknowledge a persistent inflation shock, complicating economic outlooks and interest rate decisions.
Violent clashes erupt in Bolivia as food shortages fuel widespread protests against President Paz's government.
Poland's Central Bank is prepared to tackle inflation but will carefully assess the economic outlook before making policy changes.
Global markets declined due to inflation fears from Middle East tensions, driving up oil prices and increasing US interest rate hike expectations.
US job creation exceeded forecasts for the second month in a row, with 115,000 jobs added in April and the unemployment rate holding at 4.3%.
South Korea inflation accelerated to 2.6% in April, primarily driven by a surge in global energy costs that are impacting the domestic economy.
Rising US farm costs, fueled by a conflict in the Middle East, are pushing agricultural bankruptcies to new highs and creating political challenges.
Pakistan expects IMF board approval for a $1.2B loan on May 8, shifting focus to international bond markets over bilateral aid.
Auto negative equity hit record levels in Q1, with about 30% of trade-ins underwater and average shortfalls near $7,200.
Zimbabwe ZiG chief says the currency is undervalued, citing reserve backing near 15 per dollar versus an official 25–28 range.
Inflation report expectations center on March CPI at 0.9% m/m and 3.3% y/y as Brent tops $97 and markets track Middle East talks.
Goldman says AI job loss could mirror past tech shocks, with a 3% real wage hit and weaker income growth lasting up to a decade.
Colombia’s fuel subsidies are widening a multi‑billion‑dollar deficit as oil prices rise, forcing pump-price hikes and raising inflation and rating risks.