Joseph Branch

Two in five Britons (41-42%) say they have struggled to pay their food and energy bills in the past three months. This figure rises to three in five (59-60%) of the lowest-income households. The situation will get worse over time. The U.K. forecasts inflation at 18%.

"Buyers began to choose low-price goods more often and are increasingly focused on discounts," said Karavaev. At the same time, the structure of expenditures of Russians has changed: a year ago, non-food products prevailed, and in July 2022, the main share of spending (38%) was on food. "There is still

Previously, Achema, the largest fertilizer plant in the Baltics, and ANWIL, a Polish producer of nitrogen fertilizers, have already closed. The energy crisis may result in 25% reduction of fertilizer production.  This, in turn, may cause food prices to rise as early as this season and further accelerate inflation in

The amount of deals with venture capital in the first half of this year amounted to $57 billion - only 4% less than a year earlier. Start-ups are in no hurry to go public due to the turbulence in the economy and stock market turmoil. In turn, the initial public

The PMI has fallen for the second month in a row. The index is holding below 50 p.p., indicating a slowdown in the U.S. economy. And it is accelerating! Recession risks are not going anywhere. The index fell 2.7 points to 45, the weakest reading since May

VK and Sber shared a meal delivery service, but remain strategic partners in different areas," the release said. In the future, Delivery Club will go to Yandex as part of a deal to buy Yandex Zen and Yandex News platforms. The deal is scheduled to be completed by the end

The Fed chief is expected to signal for continued rate hikes, but the question of "how aggressively" will remain open, Bloomberg reports. According to another poll, the Fed will raise the federal funds rate by 50 bps in September, 76 of 94 economists believe, while 18 think it will increase