Powell Warns: High Inflation to Delay Rate Cuts
Federal Reserve Chair Jerome Powell delivers sobering testimony, indicating prolonged high interest rates as inflation proves more persistent than anticipated, sending ripples through global markets.
Category : Search result: inflation Iran
UK Inflation Stuck at 3.8% in August
New ONS data reveals UK inflation remained stubbornly high at 3.8% in August, dashing hopes of a drop and piling pressure on the Bank of England. We break down the key drivers and what it means for your wallet.
UK Inflation Holds Steady at 3.8% in July
UK inflation remained unchanged at 3.8% in July, defying expectations of a fall. The surprise hold puts pressure on the Bank of England and impacts household budgets amid the cost of living squeeze.
UK Inflation Plunges to 2.3%, Nearing BoE Target
In a dramatic shift, UK inflation has fallen to its lowest level in nearly three years, hitting 2.3% in April. This brings it tantalisingly close to the Bank of England's 2% target, putting a summer interest rate cut firmly on the table. Discover what thi
UK inflation holds at 3.8%, Reeves faces budget warning
UK inflation remains stubbornly high at 3.8% in September, posing significant challenges for Chancellor Rachel Reeves as she faces warnings of a £24 billion budget shortfall and tough economic decisions ahead.
UK Food Inflation Could Hit 15% This Summer
Shoppers across the UK face a severe cost of living squeeze as new analysis warns grocery inflation could surge to 15% this summer, adding hundreds of pounds to annual food bills.
UK Food Inflation Soars Above Germany and Spain
Exclusive analysis reveals UK food inflation is significantly higher than in Germany, Spain, and France, placing immense strain on British households and raising questions about post-Brexit trade impacts.
New York's $475m Inflation Refund: Claim Your Payment
Thousands of New York residents are eligible for a one-off inflation refund payment from a $475 million pot. Find out if you qualify for the cash boost and how to claim it.
Brit Jailed in Iran for a Decade on Spying Charges
Exclusive: The harrowing ten-year ordeal of a British family whose son, Anoosheh Ashoori, remains imprisoned in Iran on widely condemned espionage charges. A desperate plea for justice from a heartbroken mother and father.
US Inflation Outpaces Wages, Census Data Reveals
Fresh US Census data reveals a concerning economic trend: while median household income has dipped, inflation continues to erode purchasing power, creating a financial strain for American families.
London's Food Inflation Soars to 9.6%, Outpacing UK Average
Exclusive data reveals London's food inflation is significantly higher than the UK average, with major supermarkets facing accusations of profiteering. Discover which boroughs are hardest hit and why.
How War Forged a New Grassroots Nationalism in Iran
Exclusive report from Iran reveals a profound shift in national identity. Beyond the regime's rhetoric, a resilient, grassroots patriotism is flourishing amidst conflict, uniting a deeply divided society in unexpected ways.
Mass Grave Uncovered Beneath Iranian Car Park
A grim secret has been unearthed in the Iranian city of Abadan, where a car park was found to be hiding a mass grave believed to contain victims of the Islamic Republic's brutal crackdown on dissent.
UK sanctions Iran's top prosecutor over protest crackdown
The UK government imposes a fresh wave of sanctions on Iran's Prosecutor General, Mohammad Jafar Montazeri, for his central role in the regime's brutal crackdown on protestors. This decisive move targets the regime's 'sham trials' and death sentences.
Iran Braces for 'Dangerous' UN Sanctions
Exclusive: Iranians face a deepening economic crisis as the UN Security Council considers reimposing crippling sanctions, with citizens fearing a return to the harsh austerity of the past.
Brit in Iran Jail: Family's Anguish After Trump Comment
The family of British-Iranian national Morad Tahbaz, imprisoned in Iran, express deep concern after Donald Trump's controversial election remarks suggested he would not prioritise their loved one's release.
Iran Accused of Orchestrating Antisemitic Attacks in Australia
Australian intelligence agencies uncover a disturbing campaign of antisemitic vandalism and intimidation across Melbourne and Sydney, allegedly directed by the Iranian regime. Exclusive details on the investigation, targets, and the government's response.
Iran Threatens British Nationals in Major Diplomatic Escalation
Iran issues a stark warning to the UK, threatening to target British nationals in response to perceived support for opposition groups. Shadow Foreign Secretary David Lammy and former Home Secretary Priti Patel weigh in on the escalating diplomatic crisis.
British Couple Charged with Espionage in Iranian Court
A British-Australian academic and her partner are facing espionage charges in Iran after being detained for months without formal accusation. Their family breaks silence on the shocking secret court case.
Clementine Ford sparks outrage over Iran attack comments
Controversial Australian writer Clementine Ford sparks fury after suggesting Iran's missile strike on Israel was a response to a synagogue attack. Prime Minister Anthony Albanese and Jewish leaders condemn the inflammatory remarks.
UK Summer Air Fares Soar Amid Inflation Surge
Official figures show a dramatic surge in UK air fares this summer, with prices skyrocketing due to persistent inflation and soaring jet fuel costs. Discover what's driving the increase and how it's affecting holidaymakers.
Iranian diplomats flee Canberra embassy in sudden night exit
EXCLUSIVE: Iranian diplomatic staff have been seen abruptly vacating their Canberra embassy in a hurried overnight operation, loading vehicles with sensitive equipment and personal effects, sparking intense speculation about a mass expulsion by the Austra
Australia Expels Iranian Ambassador; Iran Vows Retaliation
Australia expels Iran's top diplomat over alleged espionage and harassment of dissidents, triggering a major diplomatic crisis. Iran vows 'reciprocal and proportional' action, deepening the rift between the nations.
Russia Blocks Iran Nuclear Sanctions at UN
Russia has blocked a UN resolution to reimpose sanctions on Iran's nuclear programme, creating a significant rift with Western powers and raising fears about the collapse of the 2015 deal.
UK Food Inflation Crashes to 18-Month Low
In a major relief for households, UK food inflation has dropped to its lowest level since January 2023. We break down which grocery prices are falling fastest and what it means for your weekly shop.
Albanese's Secret Iran Prisoner Negotiations Revealed
Exclusive insights into the secret diplomatic efforts by Australian PM Anthony Albanese to secure the release of academic Kylie Moore-Gilbert from an Iranian prison. Discover the high-stakes negotiations and her courageous survival story.
Inside Iran's Revolutionary Guard: Power and Global Influence
An in-depth analysis of Iran's Islamic Revolutionary Guard Corps (IRGC), its vast economic empire, regional influence, and controversial designation as a terrorist organisation by Western powers.
UK Retail Sales Crash Amid Soaring Inflation
New data reveals a sharp decline in UK retail sales, with like-for-like growth turning negative. Soaring food inflation and the cost-of-living crisis are forcing consumers to cut back severely on non-essential spending.
UK Food Inflation: The Shocking Reasons Prices Are Still High
New analysis reveals the complex mix of global and domestic factors, from climate change to Brexit, that are keeping UK food inflation stubbornly high and squeezing household budgets.
UK Inflation Rises, Halting Bank of England Rate Cuts
UK inflation unexpectedly jumped to 2.3% in July, dashing hopes for an August interest rate cut. Soaring air fares and rising clothing costs are blamed, putting the Bank of England's next move under intense scrutiny.
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