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textile waste

How North Macedonia’s fashion labels aim to reduce textile waste

The ever-changing fashion trends end up wasting a lot of clothes... A few companies are trying to challenge that.
tackle inflation

Fed’s Waller promises to tackle inflation, says mistakes of the ’70s won’t be repeated

Federal Reserve Governor Christopher Waller pledged Tuesday that the rate-setting group wouldn’t make the same mistakes on inflation that it did in the 1970s.
Sri Lankan protesters

Sri Lankan protesters defy curfew, stand ground after deadly violence

Despite stringent security measures, there have been flare-ups of violence in Colombo and around the country against both protesters and government supporters.
Russian oil imports

G7 leaders pledge to ban or phase out Russian oil imports

Leaders from the Group of Seven developed democracies pledged Sunday to phase out or ban the import of Russian oil. 
severe inflation

Why So Many Predictions About Inflation Were Wrong

In March, the Consumer Price Index was 8.5% higher than the same time last year—the highest inflation the U.S. has seen since 1981. Many observers, including one of us, underestimated how severe inflation would be. More importantly, many central bankers, including those at the Federal Reserve, were too sanguine about rising prices.
Singapore

How the biggest US Federal Reserve rate hike in 22 years may affect Singapore...

The US Federal Reserve’s biggest rate hike in 22 years will likely see interest rates in Singapore rise as well, translating to higher cost of debt for households and businesses, experts told CNA.
double oil export

Iran can double oil exports from Khark island: Official

The CEO of the National Iranian Oil Company says Iran has the potential to double the crude oil exports from Khark island in the southern part of the country.
S&P

S&P 500 ends higher after choppy session ahead of Fed

The S&P 500 Index ended higher on Tuesday after a choppy session in which each of the major indexes fluctuated between gains and losses as a key meeting of the Federal Reserve got underway.
Cryptocurrencies

Mainstream adoption of crypto a decade away, survey finds

80 percent of institutional investors believe that crypto will overtake traditional investment vehicles within 10 years.
Indonesia’s palm oil

The good, the bad and the ugly of Indonesia’s palm oil ban

The ban is aimed at addressing the soaring palm oil prices within the country, which are exacerbating the global food shortages.

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