Inflation
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IRS Standard Deduction 2024: How Much Taxpayers Can Save Based on Filing Status and Inflation Adjustments
These amounts represent increases from the 2023 tax year, when the standard deduction was $13,850 for single filers,…
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The housing market is way out of whack
Washington, October 2 — The housing market in the United States is being described as ‘way out of…
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New-Home Sales Rebound 6% in August, South Leads Regional Growth Despite Elevated Mortgage
WASHINGTON, September 28 — The story of new-home sales in America this summer has been one of cautious…
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Freddie Mac 30-Year Fixed Mortgage Rate Rises to 7.03% in September 2026 Update
McLean, September 25 — The Freddie Mac 30-year fixed mortgage rate jumped to 7.03% in the week covered…
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IMF Chief Warns Economy Is ‘Storm-Tossed’ Amid Inflation, Debt, AI
WASHINGTON, Sept. 1 — IMF Managing Director Kristalina Georgieva described the global economy as a “storm-tossed vessel” on…
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Six months on, Iran faces intensified economic siege amid leadership vacuum and sanctions surge
Tehran, August 28 — Six months after the U.S. and Israeli strikes began on February 28, Iran remains…
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Iran Survives Six Months Under Sanctions, Costs Rise for Economy and People
Washington, August 28 — Six months after the U.S. and Israeli campaign against Iran began, the country remains…
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Iran’s economy struggles six months after sanctions, costs rising for citizens
TEHRAN, August 28 — Six months after the United States and Israel launched coordinated strikes against Iran on…
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Economic Impact of the War: Sanctions on Russia and Global Energy
BRUSSELS, July 27 — The tally of international sanctions on Russia has now passed 16,000 since 2022. On…
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Russia’s Economy Defies Predictions with Unexpected Growth Surge
BRUSSELS, July 15 — Since February 2022, the United States, the European Union, the United Kingdom, Canada, Japan,…
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Russia’s War Economy Struggles Under Sanctions and Energy Constraints
MOSCOW, July 15 — Russia’s economy, the 11th largest by nominal GDP at $2.2 trillion in 2024, continues…
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Ukraine War’s Economic Toll: GDP Drop, Inflation Surge, High Rebuild Costs
KYIV, July 15 — Against this backdrop of a war now in its fifth year, Ukraine’s economy has…
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Venezuela’s 200% inflation signals fragile economic stability after decade-long crisis
CARACAS, July 12 — The figure that matters: 200%. That is the inflation rate the International Monetary Fund…
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Data and Figures: Venezuela’s Economic Collapse and Migration Crisis
CARACAS, July 12 — The figure that matters: Venezuela’s economy has shrunk by 80% between 2013 and 2023,…
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Venezuela’s Economic Collapse Deepens Amid Hyperinflation and Oil Crisis
CARACAS, July 12 — The technical reality of Venezuela’s economic collapse is now entering a new phase, one…
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Putin’s Rule Faces Strain as Sanctions, Ukraine War Impact Economy
MOSCOW, July 10 — Vladimir Putin has now been in power in Russia for more than two decades,…
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Measurable Economic Impact of Sanctions on Russia’s Economy
MOSCOW, July 10 — Russia’s economy has shown a mixed picture since the imposition of Western sanctions in…
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White House weighs new tariffs to escalate pressure on adversary
WASHINGTON, July 10 — The scene inside the West Wing this week is one of quiet, intense preparation.…
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Black Sea Grain Crisis: War Disrupts Global Food Supply for Millions
ROME, July 9 — Against this backdrop of war in Ukraine, the global food system has been shaken…
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Economic and Humanitarian Impact of Delayed Ukraine Support
KYIV, July 6 — The war in Ukraine has shifted from a battlefield confrontation into a grinding test…
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Dublin Crowds Protest Fuel Prices as Costs Surge
Dublin and Oslo saw crowds in the streets on April 10, 2026. The reason was fuel prices. In…
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Protests Erupt in Ireland and Norway Over Rising Fuel Prices
On April 10, 2026, street demonstrations broke out in both Ireland and Norway, with citizens voicing strong opposition…
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Ifo Institute Reports 13% German Birth Rate Decline
The Ifo Institute for Economic Research has reported a significant decline in birth rates in Germany, with a…
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Pakistan’s Economy Reels as Inflation Hits 29% and Debt Costs Soar
Pakistan enters its new fiscal year burdened by the hardships of the previous one, according to the Economic…
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