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On the frontline of Britain’s energy bills crisis. Plus: Visions of outer space Get the Guardian Weekly magazine delivered to your home addressThe spiralling cost of living has been an increasingly urgent problem in the UK. But for many people, huge ri…
Read MoreOutbound shipments grew 18% after struggle with shortages of raw materials and lockdowns in first half of yearChina’s export industries performed strongly last month after spending the first half of the year hampered by shortages of raw materials and p…
Read MoreDhaka is understood to be seeking $4.5bn rescue package after being hit by high import costs and falling exportsBangladesh is to hold talks with the International Monetary Fund after applying for a bailout to prevent the country running out of cash.The…
Read MoreForeign capital flees poorer countries at the first sign of instability. The pandemic and Ukraine war ensure there is plenty of that aroundThis January, even before Sanjana Mudalige’s salary as a sales worker in a shopping mall in Colombo, Sri Lanka, w…
Read MoreJapanese politician who as prime minister had sought to stimulate the economy through the radical monetary policy of AbenomicsFew other Japanese leaders in living memory have left as deep an imprint on their country as Shinzo Abe. One of the most trans…
Read MoreSchools, stadiums or airports help the presidents of countries that receive cash from Beijing tighten their grip on powerChina’s financing of overseas projects has disproportionately benefited the core political supporters of incumbent presidents or pr…
Read MoreEuropean Commission downgrades growth prospects from 4% to 2.7%, while economy slows rapidly in ChinaRussia-Ukraine war: latest updatesThe growth prospects for the EU have been revised sharply downwards after Russia’s invasion of Ukraine put paid to ho…
Read MoreCovid has amplified the threats that accompany the country’s role as an economic superpowerChina has been central to the story of globalisation over the past 30 years but now it is struggling. More than two years after Covid-19 cases were discovered in…
Read MoreThe south Asian country is the first to buckle under economic pressures compounded by Russia’s war on Ukraine, but it won’t be the lastThe departure of Sri Lanka’s prime minister, Mahinda Rajapaksa, follows weeks of protest and a deepening crisis. Ther…
Read MoreExpert says every country will suffer as world’s biggest palm oil producer bans exports of commodity used in food, cosmetics and cleaning productsThe price of edible oils such as soyoil, sunflower oil and rapeseed oil is expected to rise after Indonesi…
Read MoreWhile the pandemic has not led to a jump in unemployment, its impact on the over-50s and public sector staff is particularly troublingAt first glance, the UK jobs market is in rude health. The unemployment rate is back to where it was before the Covid …
Read MoreSpeaker tells parliament ‘there will be very acute food shortages’ and economic crisis is ‘just the beginning’Why are people protesting in Sri Lanka?Sri Lanka is facing the imminent threat of starvation for its population of 22 million as the economic …
Read MoreSpeaker tells parliament ‘there will be very acute food shortages’ and economic crisis is ‘just the beginning’Why are people protesting in Sri Lanka?Sri Lanka is facing the imminent threat of starvation for its population of 22 million as the economic …
Read MoreConflict adds strain to developing economies in east Asia and Pacific already struggling with Covid and inflationRussia’s invasion of Ukraine has further dampened the economic prospects for developing countries in east Asia and the Pacific, meaning low…
Read MoreAnalysis: From Pakistan to the US, Australia to Germany, the cost of living is rising to new highs and causing new hardshipsUS inflation reaches 40-year high at 7.5%Rolling coverage of the latest economic and financial newsAfter decades lurking in the …
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