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LONDON — U.K. inflation came in hotter than expected with a drop to 2.3% in April, the Office for National Statistics said Wednesday, prompting traders to pull back from bets on a June interest rate cut from the British central bank.
The online shopping platform Pupu placed the price of a 6-kilogram (13lbs) durian at 179 yuan to 209 yuan (US$25 to US$29) about a week ago – a drop from a recent price of 279 yuan – and some vendors have cited a low of 10 yuan for half a kilogram.
TAIPEI, Taiwan (AP) — An extensive report by Human Rights Watch says China is accelerating the forced urbanization of Tibetan villagers and herders, adding to state government and independent reports of efforts to assimilate them through control over their language and traditional Buddhist culture.
BANGKOK -- Thailand's economy grew at a lackluster pace in the first quarter of 2024 as weak exports pared gains from the country's red-hot tourism sector, according to the National Economic and Social Development Council (NESDC).
Jute, one of India’s exports, is in a crisis. The vote of millions of industry workers in Bengal state is up for grabs.
Americans are kicking the can down the road on some more-costly, traditionally financed purchases as elevated inflation and interest rates bite.
Government debt that has swelled nearly 50% since the early days of the Covid pandemic is generating elevated levels of worry both on Wall Street and in Washington.
The narrative is enticing, plausible and wrong. And it is being ruthlessly exploited to justify protectionism on a scale unprecedented since the 1930 Smoot-Hawley Act, which eventually imposed mountainous tariffs on more than 20,000 imported goods.