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Europe's inflation falls to a two-year low. It offers confidence, but rising oil prices are imminent.
Inflation, which has been a problem for Europeans, fell sharply in September to the lowest level in two years, strengthening hopes that consumers will get relief from costlier groceries, vacations, and haircuts - and that the European Central Bank won't have to further restrict the economy by...
At whatever cost, China is looking for partners and consumers for its weaponry exports in West Africa as the power of France wanes.
The shift in strategy represented by China's entry into the West African arms industry comes as a surprise to a nation that has traditionally concentrated its efforts on the selling of weapons in other parts of Africa. But Beijing isn't only competing for a part of a new market; in the wa...
France dispatches an elite police detachment to Marseille to combat a violent drug crime wave.
The CRS 8 special police unit is being deployed to combat the bloody conflict in Marseille for the control of drug trafficking. Since mid-July, the gang conflict has claimed the lives of twelve individuals.
The French government is sending an elite police unit to Marseille to combat a w...
Vladimir Putin prepares Russia for 'Eternal War' as the West continues to be maligned.
The road to Lake Baikal in southern Siberia winds past cemeteries with bright plastic flowers marking the graves of Russians slain in Ukraine. The conflict is always visible far from the Potemkin paradise of Moscow.
On the eastern shore of the lake, where white-winged gulls dive into th...
In February, wholesale inflation slows down to 3.85%.
Inflation based on wholesale prices went down for the ninth straight month in February, coming in at 3.85%. This was because the prices of made goods, fuel, and electricity all went down. Inflation based on the wholesale price index (WPI) was 4.73 percent in January of this year and 13.43 percent...
Shah Rukh Khan discloses in a viral video that Gauri Khan never gave him a gift.
Shah Rukh Khan and Gauri Khan are one of Bollywood's most influential spouses. Their romance has always left admirers in amazement. In an old video, the celebrity can be seen revealing the startling fact that Gauri has never given him a gift. The video has become a soci...
Experts and journalists in China have reportedly been contacted by imposter academics.
Indian security officials have claimed that the approach taken by individuals like Chia and Wong indicates widespread Chinese influence operations in countries like Australia, Canada, and the United States.
Concerns have been raised that China is conducting a covert propaganda ope...
Dollar gains ground as attention shifts to inflation in Europe
Following unfavorable surprises in Germany, France, and Spain that gave the euro a boost this week, the dollar took a breather in Asia on Thursday, stabilizing as U.S. yields increased and investors awaited European inflation data. The dollar's 0.9% loss against the euro on Wednesday was the ...
Discussions between the German Chancellor and the Indian Prime Minister will include the Russia-Ukraine dispute.
German Ambassador Philipp Ackermann said on Wednesday that the Russia-Ukraine conflict and China's growing assertiveness in the Indo-Pacific would be "very high" on the agenda of Chancellor Olaf Scholz and Prime Minister Narendra Modi's meetings this weekend. The envoy also ment...
Germany's exports and imports will rise in 2022 as a result of the energy crisis and high inflation.
According to preliminary estimates issued by the Federal Statistical Office, Germany's imports and exports both climbed year on year in 2022, despite the energy crisis and high inflation (Destatis). According to Destatis, Europe's largest economy's exports increased 14.3% year on year...
More illnesses, the Japanese worry, will result from downgrading Covid to flu.
According to media reports from Saturday, millions of people in Japan are at long-term risk of contracting the deadly Covid-19 virus if the government downgrades its legal status from pandemic to seasonal flu. Japan Today notes that this spring, teachers, health professionals, and other residents...
The NFL has been hesitant to provide adequate mental health services for players.
Some players were frightened by Damar Hamlin's sudden cardiac arrest, and the league's need for more continuous mental health support is highlighted. Such a system of continuous care does not exist in the National Football League. The league is working toward providing its players, coache...
Nutrition and health are vulnerable to inflation's effects due to the rising cost of food
Considerable thought should be given to the impact that growing grocery costs have on consumer spending habits, household budgets, health outcomes, and the cost of healthcare overall. Statistics Canada has released its most recent report on the price fluctuations of commonly purchased commodities...
The German dollar's decline was halted by a surprising jump in inflation
After a surprising slowdown in German inflation boosted bunds and sent the common currency falling, the euro nursed losses on Wednesday and has helped the dollar make a good start to 2023. After falling 1% overnight, the euro continued to trade at three-week lows at $1.0550 at the start of the As...
A British mediator proposes a solution to the Korean conflict
After two failed summits between Pyongyang and Washington, North Korea has refused to communicate for the past three years, instead focusing on nuclear weapons development.
This predicament foreshadows a dark future for the Korean Peninsula and the rest of the globe. The possibilities o...
According to Ukrainian Nobel Peace winner, Ukraine cannot achieve peace by "laying down guns."
On Saturday, a trio of leaders from the three countries at the heart of the Ukraine conflict collected the Nobel Peace Prize, urging the battle against Russian President Vladimir Putin's "insane and illegal" invasion to continue uninterrupted.
The Nobel committee celebrate...
In Germany, inflation is shattering the backs of tiny family farmers.
Animal farming was one of several businesses that the Ukrainian government tried to make more sustainable before the conflict. Many organic free-range farms are now struggling for survival.
"It's just not economically conceivable without some type of intervention," says Th...
The Fed's preferred inflation gauge is improving.
The Bureau of Economic Analysis announced on Thursday that an inflation gauge preferred by the Federal Reserve fell significantly in October, bolstering expectations that rising prices are beginning to level off.
The core personal consumption expenditures price index, which excludes typ...
In October, inflation has consumers feeling more pessimistic than ever
Just two weeks before the midterm elections, Americans' concerns about the current status of the economy and inflation caused a dramatic decline in consumer confidence in October.
The Conference Board's measure of consumer confidence fell to 102.8 from 107.8 in September, primar...
Attempts to combat inflation and a depreciating currency in Japan may require a $30 trillion stimulus package
Towards that end, a top legislator from the ruling party has suggested that Japan set its sights on roughly 30 trillion yen for the new economic package that will be drafted later this month.
After meeting with Prime Minister Fumio Kishida, Liberal Democratic Party policy head Koichi Ha...