South African Gold Firm to Extend Life of World’s Deepest Mine
Harmony Gold Mining Co. said it will spend 7.9 billion rand ($410 million) to extend the life of the world’s deepest mine, bucking the trend...
Turkey hikes minimum wage by 55% as inflation and living cost crisis bite
View over the tourist area of Istanbul, Turkey, on october 27, 2022. Rita Franca | Nurphoto | Getty Images Turkey announced a hike of its...
Fitch: This Is The Biggest Downward Risk For Oil Markets In 2023
Short-term oil price forecasts have been persistently bullish this year, with most forecasters expecting benchmarks to top $100 sometime next year. Over the longer term,...
Rampant Food And Fuel Inflation Spells Disaster For Emerging Economies
The United States is currently grappling with elevated commodity prices including high fuel and food prices. Although gasoline prices have fallen off significantly from their...
IMF Sees Many Risks to Financial Stability. Debt Distress Ranks High.
Text size The International Monetary Fund warns of a mix of inflation and debt distress hitting economies trying to recover from the pandemic. Stefani Reynolds...