Shocker: UK inflation may top 22% next year – Goldman Sachs
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AfricanCrisis Archive - 110,000 Articles from 2001 to 2012
This is my archive of my oldest articles, writings and news from my original website which ran from 2001 to 2012. In total, I managed to recover 110,000 articles. You can read them, search them and view them at this link. Just click SEARCH on the top right.
[This would be a crazy shock – if it happens. Jan]
The Wall Street bank says rising natural gas prices could propel consumer prices in Britain to record highs
UK inflation may top 22% next year – Goldman Sachs
Inflation in Britain could jump above 22% in 2023 if gas prices continue to grow, Bloomberg reported on Tuesday, citing Goldman Sachs analysts.
The bank’s economists estimate that if prices keep rising, the UK may be forced to hike its energy cap by a further 80% in January, which would in turn push inflation up to 22.4% and cause a 3.4% drop in the country’s GDP.
Moreover, even if energy prices stabilize, analysts say the peak inflation rate will be around 14.8% in January, which is enough to plunge the country into a recession.
According to Bloomberg, investors expect drastic measures from the Bank of England in the coming months to battle inflation, including a key rate hike of up to 4.25% from the current 1.75%.
Goldman Sachs’ inflation forecast tops the previous one made last week by Citigroup, which expects inflation in the UK to surge to 18.6% next year, and the Bank of England’s expectation of 13%.
White South African Murders page: Murders of Whites from 1996 to 2016
On this page, are collections of the names and details of Whites who were murdered during the period 1996 to 2016. The true number of Whites killed in South Africa since 1994, is stupendous, and nobody has got even a fraction of all the names. But this is the most comprehensive collection that the Boere State Party has currently. My own attorney told me that he thinks 100,000 Whites have been murdered during Black rule.