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Inflation fears grip markets as bonds, stocks plunge

13 Jun 2022 /  Saikat Chatterjee, Reuters
Investors cut exposure to risky assets across the board.

UK economy shrinks unexpectedly

13 Jun 2022 /  Andrew Atkinson and Philip Aldrick, Bloomberg 
In a rare event, all of the main economic sectors contracted in April,
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Desperate grant recipients borrow from Net1

13 Jun 2022 /  Mosima Rafapa, GroundUp
There are about 415 000 EasyPay Everywhere green card holders with loans.

Aggressive Fed moves back in play as yields surge on CPI shock

13 Jun 2022 /  Bloomberg News
Two-year Treasury yields continue their climb.
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These are the world’s 20 most expensive cities for expats

12 Jun 2022 /  Alex Millson, Bloomberg
Can you guess which ones make the list?

UK cost of living crisis: what research says about the potential psychological impact

11 Jun 2022 /  Bruno De Oliveira
The country is facing a crisis.

Rand stronger as dollar slips before US inflation data

10 Jun 2022 /  Anait Miridzhanian, Reuters
In early trade the rand was at R15.41 against the dollar, around 0.68% higher than its previous close.

Fitch revises India’s outlook to stable on economic recovery

10 Jun 2022 /  Vrishti Beniwal, Bloomberg 
'India’s economy continues to see a solid recovery from the Covid-19 pandemic shock.'

China’s moderating inflation leaves room for more easing

10 Jun 2022 /  Bloomberg News
The producer price index rose 6.4% last month from a year earlier, the weakest pace since March 2021.

Ukraine seeks new IMF deal to shore up its war-ravaged finances

10 Jun 2022 /  Volodymyr Verbyany, Caroline Hepker and Stephen Carroll (Radio), Bloomberg
Ukraine has already received $1.4bn in emergency financing from the IMF this year, part of the more than $6 billion funneled it has received since Russian President Vladimir Putin launched his attack in February.

Global food import bill set for record, taking toll on poorest

9 Jun 2022 /  Bloomberg News
Purchases to reach all-time high in 2022 as food costs surge.
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Global wealth hit record high of $530trn in 2021

9 Jun 2022 /  Tom Metcalf, Bloomberg 
And is set to continue rising.

Rand firmer ahead of current account data

9 Jun 2022 /  Anait Miridzhanian, Reuters
In early trade the rand was at R15.24 against the dollar, 0.34% stronger than its previous close.
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South Africa’s inflation exceptionalism: Can it last?

9 Jun 2022 /  Carmen Nel
The extent of the global inflation shock will make it difficult, but how high the inflation rate rises will depend on a few things.

Russian inflation slows after spike and likely clinches rate cut

9 Jun 2022 /  Bloomberg News
Consumer prices rose an annual 17.1% in May after a gain of 17.8% a month earlier, the Federal Statistics Service said Wednesday.

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