Monthly Archives: February 2011

World Food Prices Reach Record High

ROME – World food prices reached their highest level ever in January, the UN food agency said on Thursday, as economists warned chaos in Egypt could push prices up further and foment more unrest in the region. Rising food prices … Continue reading

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Inflation Might Become Next Global Crisis

SINGAPORE: Inflation might just become the next crisis to hit the globe, according to UBS Investment Bank’s senior economic advisor, George Magnus. He had also correctly predicted that the sub-prime crisis would lead to a recession. Prices for household items … Continue reading

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Government Pledges To Help Singaporeans Cope With Rising Costs

SINGAPORE: The government has pledged to help Singaporeans, especially lower-income households, cope with rising costs. In this Lunar New Year, Prime Minister Lee Hsien Loong said the government has more scope to implement schemes after last year’s strong economic performance. … Continue reading

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