By Bryan Jung Taiwan’s Foxconn Technology Group, the world’s largest electronics manufacturer and Apple’s main supplier, has again suspended operations at two of its factories in Kunshan, China, after the Chinese Communist Party (CCP) implemented strict quarantine rules in parts of the country to combat the spread of the Omicron variant of the virus in March. On April […]
Tag: Inflation
In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.
