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Kenya Faces Rising Inflation: Cost of Living Continues to Climb

4 months ago

Kenya is experiencing an increase in inflation, which reached a two-month high in August 2024, linked to rising costs of essential goods. According to the latest data, inflation in the country rose to 5.1% year-on-year, surprising economists as there had been a steady decline in inflation rates previously.

President Milei Cuts Import Tariffs in Argentina to Tackle Inflation

4 months ago

Argentine President Javier Milei has announced a reduction in import tariffs on goods to ease inflation, which has reached record levels in the country. This measure is aimed at lowering prices on essential products and improving the economic situation in Argentina, where consumers face skyrocketing prices.

Germany's Exports to China Drop Below Those to Poland in First Half of 2024

4 months ago

In the first half of 2024, Germany's exports to China fell below those to neighboring Poland for the first time. This significant shift in export activity serves as a marker of increasing competition and changing economic relations in Europe and Asia.