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War in Ukraine could cause recession in weaker economies, IMF boss warns

Speaking at Davos, Kristalina Georgieva said anxiety about food prices was ‘hitting the roof’ globally

The Guardian |  | Fuente original

Pay gap in UK between bosses and workers likely to widen in 2022

After narrowing during pandemic, analysis suggests FTSE 350 CEOs will collect 63 times average median pay at their companies

The Guardian |  | Fuente original

Tether pays out $10bn in withdrawals since start of crypto crash

Pace of withdrawals in May means ‘stablecoin’ company effectively dealing with slow-motion bank run

The Guardian |  | Fuente original

UK consumer confidence falls to lowest level since 1974

Consumers increasingly pessimistic about economy and personal finances amid deepening cost of living crisis

The Guardian |  | Fuente original

US accuses Russia of weaponising food in Ukraine crisis and holding global supplies ‘hostage’

Blinken calls on Moscow to end blockade of Ukraine ports as Medvedev says Russia is ready to allow the flow of food when sanctions lift

The Guardian |  | Fuente original

UK inflation hits 40-year high of 9% as cost of food and energy soars

Headline CPI rate fuelled by increase in household bills and rising transport costs

The Guardian |  | Fuente original

Ukraine war has stoked global food crisis that could last years, says UN

Shortages of grain and fertiliser could cause ‘mass hunger and famine, says chief, as World Bank pledges another $12bn to ease shortfall

The Guardian |  | Fuente original