Inflation in Austria has jumped to its highest level in over 40 years, media reported on Wednesday citing data from the country’s federal statistics agency Statistics Austria. “In April 2022, consumer prices again increased significantly compared to last year – by 7.2%. We saw such a high rate of price …
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Citing high inflation, the US Federal Reserve has raised its base interest rate by 50 basis points, or 0.5%, and announced it would be selling off some assets from its $9 trillion balance sheet. The rate hike is the highest since May 2000, when the dot-com stock bubble burst. “Inflation …
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Germany is suing Italy in the top UN court in the latest round of long-standing dispute over Nazi compensation claims, the International Court of Justice (ICJ) revealed on Friday. In its application Germany claims that Rome has continued to allow Nazi war crime victims to file requests for compensation from …
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The annual rate of inflation in the United Kingdom shot up 7% in March, the highest level recorded since 1992, according to the Office for National Statistics (ONS). Data released on Wednesday showed that the largest contributors to the trend were increased fuel prices and energy bills. The consumer price …
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Inflation in Spain rose by 9.8% in March compared to the same month last year, according to preliminary data published by the National Statistics Institute on Wednesday. The rise in the consumer price index is the highest since May 1985, and the provisional figure for this month is more than …
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February consumer price inflation in Europe accelerated by 5.9% compared to last year’s 0.9% per annum, marking the fastest annual jump on record, Eurostat statistics agency said on Thursday. The indicator rose sharply from 5.1% in January. Prices spiked most in Lithuania (14.0%), Estonia (11.6%) and the Czech Republic (10.0%). …
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The revelation is based on a CBP report obtained by the Washington Post on Wednesday, covering the 2021 fiscal year, which started in October 2020 and ended three weeks ago. While no monthly breakdown of the figures was provided, the rise in illegal crossings coincided with the declaration that Democrat …
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The nation’s remaining hopes of achieving ‘zero Covid’ have shown no signs of coming any closer to reality, as Tuesday saw 94 new coronavirus infections. The latest figure announced by New Zealand health officials is an all-time record after a previous high of 89 cases in a single day, which …
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More than 900 pages of material related to this research were published on the non-profit media company’s website on Tuesday. The documents were acquired as part of an ongoing Freedom of Information Act litigation by The Intercept against the National Institutes of Health. The documents detail the work of EcoHealth Alliance, …
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Bitcoin was trading at $51,843 per coin as of 08:00 GMT, up almost 4%. Some experts say that the test will be for the cryptocurrency to remain above $51,000, which will give the market a better idea of whether it can sustain a level above $50,000. Analysts point out that …
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