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Singapore CPI Continues to Rise by 4% in January

The consumer price index (CPI) in Singapore also increased by 4% year-on-year in January. This is the same inflation rate as already seen in December. In particular, prices for transportation +12.7%, housing & utilities +4.1 and food +2.6% have risen…

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Eurozone GDP Sees No Significant Increase in Q4 2021

GDP in the eurozone increased by 0.3% QoQ in the fourth quarter of 2021, the same increase as in the third quarter. On an annual basis, GDP increased by 4.6% in Q4, which was also in line with analysts’ expectations.…

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CO2 recycling, the answer to climate change?

Wouldn’t it be great if we could just suck the CO2 out of the air and generate energy from it? Sounds crazy, but it could soon become reality. CO2 is contained in the air we breathe, is a greenhouse gas…

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Retail Sales in Singapore See Big Jump

Retail sales in Singapore rose 6.7% in December from a year earlier, against a 2.2% YoY increase the month before. In MoM terms, however, retail sales slowed. In the month of December, these rose by 2.3% MoM compared with an…

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Turkish Inflation Out of Control

Inflation in Turkey climbed to a new high in January. The consumer price index (CPI) and also the producer price index (PPI) are now out of control. CPI rose 48.69% YoY in January which is above analysts’ expectations of 46.7%.…

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Is the U.S. Pushing for the Ukraine War?

“There are no tanks in the streets. But media give the impression, if one is not here, that we have a war, that we have army in the streets. That’s not the case. We don’t need this panic,” Ukrainian President…

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A Smell of the Subprime Crisis on the Crypto Market

Nobel Prize-winning economist Paul Krugman warns that the volatility in the cryptocurrency market bears a disturbing similarity to the U.S. subprime mortgage crisis that once caused the housing market to collapse and triggered the 2008 financial crisis. Paul Krugman wrote…

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