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Global trends are set to push down UK inflation

Global economic trends that have been the principle driver of the inflation surge of the past 12 months – including high demand for goods from US consumers and trade disruption, as well as fast rising energy prices – have all started to ease in recent months and will put downward pressure on inflation over the next 12-18 months, accordi ....

United Kingdom , Resolution Foundation , Macro Policy Outlook , United Kingdom Specific , Baltic Dry Index , European Union , Monetary Policy , Public Policy , Chronic Inflation , Inflation In India ,

Myanmar Junta Reaps Millions in Gem Sales as Economy Crumbles


Myanmar Junta Reaps Millions in Gem Sales as Economy Crumbles
A buyer examines a piece of jade at a gems market in Mandalay, Myanmar, in March 2019. Photo: IC Photo
(Nikkei Asia) Fresh economic data from private research groups suggest that Myanmar’s economy is deteriorating more sharply than feared after the Feb. 1 coup, with heightened risks of soaring inflation, collapsing trade and increased poverty.
At the same time, recent days have seen a remarkable display of the military’s grasp on Myanmar’s natural resources, with a multi-million dollar, 10-day auction of gems, jade and pearls in the capital, Naypyitaw. ....

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