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Tag Archives: Economy

US Fed to balance banking woes, inflation in next rate decision

WASHINGTON U.S. central bankers face an unenviable task when they gather in Washington this week: Tackling persistent inflation without adding to financial sector turmoil after Silicon Valley Bank’s rapid collapse. class=’cf’> The Federal Reserve has raised rates eight times since last year in the face of decades-high inflation as it …

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Royal Mail facing ‘systemic failure’

LONDON Alamy Photo Britain’s Royal Mail has “systemically failed” to meet its mail delivery requirement, lawmakers have said, calling upon regulator Ofcom to probe the postal operator. class=’cf’> “We believe that Royal Mail has systemically failed to deliver against parts of its universal service obligation,” read a report from the …

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Saudi Arabia ranks first in annual labor force growth rate

RIYADH — Saudi Arabia has ranked first in the labor force growth rate, outperforming other G20 countries, during the period 2012 – 2021, according to the labor market benchmarking report issued by the National Labor Observatory (NLO). This report keeps track of the international indicators issued by the International Labor …

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