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Inflation in France highest in decades

Consumer prices in France have reached their highest rate in over three decades, data from the state statistics agency INSEE showed on Wednesday. According to the report, inflation in the country increased by 0.9% in June from the month before, driving annual inflation to 6.5%, its highest level since 1991. …

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Risk of nuclear arms use highest in decades – watchdog

The risk of nuclear weapons being used is higher “than at any time since the height of the Cold War,” the Stockholm International Peace Research Institute (SIPRI), a leading weapons watchdog, has warned. The shrinking global stockpile of nuclear weapons is now expected to begin growing once again, according to …

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US economic growth to outrun China for 1st time in decades – media

US economic growth is set to outpace China this year for the first time since 1976, Bloomberg reported on Friday, citing economists. According to the publication, the lingering effects of the Covid-19 pandemic and recurring outbreaks throughout the country mean that its economic growth will stall, despite Beijing’s fiscal, monetary …

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Pacific nation to host US embassy after 3 decades – media

The United States is planning to open its first embassy on the Solomon Islands in 29 years following violent riots on the island and the nation’s increase in relations with China, media reported on Saturday, citing officials. AP obtained a US State Department memo to Congress, which indicated that Secretary …

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New ‘Mission: Impossible’ invokes decades-old CIA-Hollywood link

Recent editions of Production Weekly – a Hollywood publication that charts in-production film and TV projects – have revealed a tantalising detail about ‘Mission: Impossible 8’, which is currently filming. The working title for the latest entry in the Tom Cruise franchise is ‘Scorpio’, a curious choice given that the …

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Turkish lira just had its worst year in 2 decades

The Turkish lira ended 2021 by losing 44% of its value against the US dollar – 19% in the last week of the year alone. This was the lira’s worst performance since President Recep Tayyip Erdogan came to power nearly 20 years ago. The lira tumbled from 18.4 to 10.25 …

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