Economy

Restaurant prices have surged by nearly 9% year-on-year, according to the Department of Labor Exclusive News The cost of eating at restaurants in the US outpaced grocery prices on a 12-month basis in March for the first time since mid-2021, Labor Department data showed on Wednesday. According to the calculations, restaurant prices have risen 8.8% over the last 12 months, surging for…

The greenback will inevitably lose its leading position in world finance, a central banker believes Exclusive News According to RT News, the US currency’s dominant position in the world economy will gradually decline over time, the head of the Philippines’ central bank, Felipe Medalla, told RIA Novosti on Wednesday. Medalla called for the creation of a multi-currency world…

The ban on Afghan poppy cultivation is set to hit Europe’s heroin supplies Exclusive News It’s been nearly a year since the Taliban banned Afghan poppy farming used for the production of opioids. The impact of the move is set to hit global markets sometime soon, given the delay from farm to customer. You’d think that would bring a welcome sigh of relief. Apparently not.