Eurozone inflation brings new interest rate hikes from the ECB

A new surge in eurozone inflation has reignited fears of a prolonged wave of deflation and left the European Central Bank facing tough decisions. The surge in energy prices due to the geopolitical crisis in the Middle East and the war in Iran is defying expectations of price stabilization. Eurostat data showed that inflation in …

Turkey’s Economy is collapsing

The Turkish economy is facing an unprecedented crisis, as noted, inflation has skyrocketed to record levels, with a huge deviation from forecasts. This unfavorable situation has caused a wave of business closures and intense social and economic instability in the country, with Recep Tayyip Erdogan being called upon to take immediate measures. In particular, after …

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