Supermarket shelves bare as cost of living in Russia soars

Published

2 years ago

March 25, 2022

The price of sugar, bread and milk is on the rise as Russia is cut off from the western world

According to new data, The cost of living in Russia is surging

Official figures show price of some household staples – such as sugar – have jumped by as much as 14 per cent in just 7 days.

Inflation is set to keep rising in Russia where the rouble has fallen sharply since the Ukraine war started a few weeks go.

The value of the currency has dropped by a quarter this year, pushing up the cost of importing goods.

The inflation data came as the Russian stock market resumed trading on Thursday after a month-long hiatus, with the majority of shares rising in a volatile trading session.

Research key to investment success

Published

18 hours ago

May 6, 2024

ticker NEWS

What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

Money

Why “stagflation” will be the greatest financial threat of 2024

Published

20 hours ago

May 6, 2024

Nathan Langridge

With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

Money

Unpacking crypto ‘prop trading’

Published

3 days ago

May 4, 2024

ticker NEWS

What is crypto proprietary trading and how can it benefit you?

Bitcoin 101 is an exciting talk show that educates viewers on safe participation in crypto markets, providing timely updates and expert insights for informed decision-making.

Hosted by the Managing Director of Crypto Calls, Cheyne Kupfer.

In this episode, Cheyne sits down with Growth Partner at Crypto Calls, Jack Birkinshaw to talk all things prop trading.