Home2024October12Exactly 50 Year Ago: Oil prices hit record highs, exacerbating global inflation pressures due to the ongoing oil crisis and OPEC’s influence. #OilCrisis #OPEC #Inflation #EnergyPrices #Economy Exactly 50 Year Ago: Oil prices hit record highs, exacerbating global inflation pressures due to the ongoing oil crisis and OPEC’s influence. #OilCrisis #OPEC #Inflation #EnergyPrices #Economy October 12, 2024betadmin
Exactly 50 Year Ago: U.S. unemployment claims rise, sparking concern about the strength of the economic recovery following the 1973-1975 recession. #Unemployment #Recession #USEconomy #Jobs #Recovery
Exactly 50 Year Ago: South Africa’s economy is buoyed by strong commodity prices, particularly in gold and diamonds. #SouthAfrica #Economy #Commodities #Gold #Diamonds
Exactly 50 Year Ago: Australia reports a slowdown in economic growth, largely due to global inflation and the oil crisis. #Australia #Economy #Inflation #OilCrisis #GlobalEconomy