British Reporter — Index shows 1 in 5 people in the developing world living in multidimensional poverty. Hundreds of millions lack adequate nutrition, sanitation, housing and good cooking facilities. But, India’s MPI poverty rate fell from 55.1% to 16.4% as millions were lifted out
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The FINANCIAL — Bottlenecks in the world economy have been a key reason for high inflation among traded goods. This post explores Bank staff analysis on the key drivers behind these bottlenecks. Bottlenecks in global supply chains have been an important driver of
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British Reporter — Globally-significant events have driven recent financial market volatility and contributed to the emergence of a risk-off environment, according to leading London Business School economists.
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One consequence of the meteoric rise in the price of fossil gas has been that cooking meals is now much more expensive. In the UK, food bank users declined potatoes as they couldn’t afford to boil them. In Germany, increased heating and
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Workers reported better health while their organizations saw the benefits.Most Americans now have one or more chronic health conditions, such as asthma, diabetes, high blood pressure, anxiety or depression, and more than half of Americans have multiple conditions. That adds thousands of
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British Reporter — London Business School’s Professor Richard Portes recently appeared on Times Radio to discuss the news that S&P Global has placed Russia under a “selective default” rating after the Russian government said that it had repaid about $650m in dollar-denominated
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British Reporter — Russian citizens are already feeling the punishing effects of economic sanctions imposed by Western powers over the invasion of Ukraine, and the financial situation for most people is likely to deteriorate.
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Study suggests changing how you think about spending, saving can change financial behavior. You know you should set aside savings with every paycheck, live within your means and invest your money wisely. But do you do it? New research from the University of Georgia
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Economic policy expert says Russian invasion will worsen things, but long-range expectations still near Fed goal for now according to University of Harvard. Inflation continued to soar in February, with a key measure hitting a 40-year high, according to federal data released Thursday.
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The term “metaverse” has entered pop culture lexicon in recent years, largely due to Facebook, but the idea itself isn’t new. Since the late 1970s and early 1980s, many of those in the technology community have imagined a future state of the
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