New Zealand distributes additional funds to combat the “inflation storm” | Health, medicine and fitness

By Nick Perry – The Associated Press Wellington, New Zealand (AFP) – The New Zealand government said Thursday it will distribute a few hundred extra dollars to more than two million low-income adults to help them navigate what it describes as the “peak of a global inflation storm”. The payments are part of a package … Read more

Explainer: Why is Wall Street so close to a bear market?

New York (AFP) – Bears are heading towards Wall Street. This year’s stock market slump has pushed the S&P 500 index close to what’s known as a bear market. High interest rates, high inflation, the war in Ukraine and a slowing Chinese economy have caused investors to reconsider the prices they are willing to pay … Read more