Saudi Arabia's Staggering $50 Billion Debt Surge Amid Financial Strain
2 months ago
In a revealing financial development, Saudi Arabia's national debt has surged to an unprecedented $50 billion, reflecting the kingdom's growing economic pressures. This situation highlights the challenges faced by the Gulf nation as it grapples with the dual impacts of fluctuating oil prices and the need for extensive public spending.
Continue readingSouth African Grocers Face Scrutiny Over Rising Food Costs
3 months ago
In a significant development concerning consumer welfare in South Africa, the nation's antitrust body has raised alarms over the soaring prices of food in grocery stores across the country. This investigation comes amid mounting concerns from the public about the affordability of essential goods, exacerbating the economic strain on households.
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