Inflation – The European Union Times ⚡ Shocking Hidden News Reports ⚡

Poverty in Argentina soars to record high despite Milei's Shock Therapy

EU Times — Tue, 27 Feb 2024 13:16:11 +0000

Poverty levels in Argentina hit a multiple-year high in January following the drastic economic reforms carried out by newly installed President Javier Milei, the Social Debt Observatory of the Catholic University of Argentina (UCA) said in its latest report released this past weekend. According to the data, the share of people in poverty in the […]

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Pet abandonment cases soar all over the world due to inflation, rising cost of living

EU Times — Thu, 08 Feb 2024 00:13:30 +0000

The number of pet abandonment cases all over the world is soaring as inflation drives up the cost of keeping these beloved animals around and people who got pets during the Wuhan coronavirus (COVID-19) lockdown period are now resorting to abandoning them as they return to their offices. In Singapore, animal welfare groups said these […]

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IMF Praises Argentina Milei government, Issues bailout hoping to Help Save their Economy

EU Times — Sun, 14 Jan 2024 22:52:08 +0000

The International Monetary Fund (IMF) has given the green light to release $4.7 billion for Argentina in a move tied to a comprehensive debt restructuring strategy, despite the nation falling short of benchmarks related to its $43 billion loan initiative. This decision was made public on Wednesday. Argentina is grappling with a profound economic crisis, […]

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IMF Praises Argentina's Economic Reforms as 'Bold, Should Help Private Sector Growth'

EU Times — Mon, 25 Dec 2023 13:46:06 +0000

In response to the recent protests against Argentina’s economic reforms led by President Javier Milei, the new government has declared that organisers of the demonstrations will be held financially accountable for the associated security costs. The security expenses, totaling 60 million pesos, will be invoiced to the social movements responsible for orchestrating the protests, according […]

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Argentina Struck by Huge Inflation Rates and Severe Drought

EU Times — Tue, 02 May 2023 14:20:17 +0000

Argentina is in a very difficult economic situation with inflation over 100 percent in March and a currency, the peso, plummeting in value against the dollar. The country’s central bank recently raised its key interest rate to 91 percent, which is the highest level in over 30 years, reports TT. This has created great difficulties […]

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Rising Food Prices Persist Across the EU

EU Times — Thu, 20 Apr 2023 16:57:30 +0000

Food prices in France and Spain are continuing their relentless rise, as the worst cost-of-living crisis in a generation rages across the European Union (EU), according to data published by Bloomberg on Monday. The cost of the main groceries needed to cook the French dish coq-au-vin soared 15.4% in March to more than €19 ($21) […]

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US Democrats accused of Stealing the Midterms again

EU Times — Wed, 09 Nov 2022 16:31:36 +0000

In a normal time, in a normal country, voters would reject record gas prices, record inflation, record crime rates, war and corruption. But not today. Once again, Democrats proved they can survive anything as long as they have their fraud. Americans reject every single dish the Democrats served. Yet, Democrats shocked Americans on Tuesday to […]

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Total Civilization Collapse Could Begin in 2023

EU Times — Sat, 03 Sep 2022 21:35:19 +0000

Soaring food, energy, and shelter inflation have led to what could be a new era of civil unrest worldwide. Pockets of unrest have been observed in Sri Lanka, Peru, Kenya, Ecuador, Iran, and Europe. New research forecasts a broader wave of discontent is just ahead. While this topic of developing social unrest is hardly new, […]

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Zimbabwe central bank announces gold currency to combat inflation

EU Times — Sat, 09 Jul 2022 22:52:56 +0000

The Central Bank of Zimbabwe stated on Monday that it would soon begin issuing gold currency in an effort to reduce inflation, which hit 191 percent in June. The Harare government thinks that this will decrease demand for US dollars and at the very least slow down the further depreciation of the local currency. The […]

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Biden says Americans who do not like him as President are Mentally Ill

EU Times — Sat, 18 Jun 2022 15:06:17 +0000

President Joe Biden awkwardly blamed “the need for mental health in America” when asked about his disastrous poll numbers in an interview with the Associated Press on Thursday. Sleepy Joe, whose own mental capacity is questionable at best, did everything but take personal responsibility for the nation’s skyrocketing inflation and rising gas prices during the […]

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Turkey hit by 70% Inflation, Prices Soar

EU Times — Thu, 05 May 2022 15:20:22 +0000

Consumer prices in Turkey soared by 69.97% in April compared to the same month last year, according to official data released on Thursday. Inflation has soared amid rising energy prices against the backdrop of the Russia-Ukraine war and due to a lira crash late last year. The figure, released by the Turkish Statistical Institute, exceeded […]

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Globalists: The world will Starve to Death in 6 Months from now

EU Times — Sat, 30 Apr 2022 13:28:49 +0000

In mid-2007 the Bank for International Settlements (The central bank of central banks) released a statement predicting an impending “Great Depression” caused by a credit market implosion. That same year the International Monetary Fund also published warnings of “subprime woes” leading to wider economic strife. I started writing alternative economic analysis only a year earlier […]

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Argentina Hit by Financial Crisis AGAIN, Experiencing High Inflation Rates

EU Times — Thu, 21 Apr 2022 20:14:47 +0000

The inflation rate in the South American country of Argentina is exceeding forecasts, creating worries for many. According to the latest government data, Argentina’s monthly inflation rate officially rose to 6.7 percent in March, the highest level in two decades. Both food and gasoline are affected by the increase, which is outpacing some people’s salaries […]

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BlackRock boss says 'Entitled' New Generation Must Feel Poverty and Hunger

EU Times — Sun, 03 Apr 2022 14:27:53 +0000

Lack of agricultural raw materials and supplies, energy shortages and housing shortages. A whole generation of “entitled” Westerners will learn what it means to live in poor conditions where there is a lack of most things, warns the world’s largest fund manager Blackrock. Chairman Rob Kapito says that dramatic inflation will be so high that […]

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Cost of Living in Europe Smashes All-Time High

EU Times — Wed, 02 Feb 2022 18:42:28 +0000

EU forced to admit that price hikes are not as temporary and benign as previously said. Inflation across the Eurozone surged to 5.1% in January from 5% in the previous month, despite optimistic expectations for a sharp drop to 4.4%, data from Eurostat showed on Wednesday. Inflation is now more than twice the ECB’s 2% […]

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