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Steve Hanke, Professor of Applied Economics at The Johns Hopkins University in Baltimore
Venezuela is "dangerously close" to hyperinflation with its inflation rate currently at 45% per month, Prof. Steve Hanke has opined.
"If inflation moves much higher, the legacy of Hugo Chavez's Bolivarian Revolution will be that Venezuela joins the rather select hyperinflation club as the 57th member," Prof. Hanke wrote in a blog.
You can read the full text of the blog "Venezuela: Not Hyperinflating -- Yet" here.
Rising tensions in the Middle East are already putting pressure on global energy markets, and economists warn that Bulgaria is likely to feel the impact through higher inflation in the second quarter of 2026
Bulgaria is seeing a notable rise in prices, with the latest monthly inflation reported at 0.3% and annual inflation at 3.3%, according to preliminary data for February released by Atanas Atanasov
Annual inflation across the eurozone eased to 1.7% in January, marking a 16-month low and down from 2.0% in December 2025, according to preliminary data from Eurostat.
The Coordination Center for the Euro Adoption Mechanism held its regular briefing yesterday, highlighting that the process of adopting the euro in Bulgaria is progressing smoothly. One of the central points of discussion was the current inflation situatio
In January, Bulgaria recorded a monthly inflation rate of 0.6%, marking the first month after the country’s adoption of the euro
The introduction of the euro in Bulgaria is unfolding in line with expectations, according to Bulgarian National Bank Governor Dimitar Radev, who spoke at an economic forum in Sofia hosted by The Economist magazine.
Ask any older Bulgarian about Baba Vanga and brace yourself. You will not get a Wikipedia summary. You will get a story. Their story, or their mother's, or their neighbor's cousin
Before dawn on February 28, 2026, explosions tore through Tehran. Air raid sirens followed seconds later, but by then the first wave of strikes had already hit.
It was supposed to last four years. It lasted just 399 days - 70 of them spent in caretaker status after the prime minister's own resignation.
The appointment of Andrey Gyurov as Bulgaria's caretaker prime minister shows what's really happening in Bulgarian politics right now. Behind the constitutional formalities, a coalition against corruption is taking shape before April's elections.
On 20 October 2025, on the occasion of Deepavali, the great Indian festival of lights, Prime Minister Narendra Modi, speaking from aboard India’s first indigenously built aircraft carrier INS Vikrant, drew attention to the centrality of the Indian Ocean i
The images from Davos tell a disturbing story: Bulgaria's outgoing Prime Minister Rosen Zhelyazkov, representing a government that has been in resignation since December following massive protests, signing away our country's European credibility.
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began
