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US wholesale prices rose more than expected in January
US wholesale prices rose more than expected in January
Economy
by  AFP

US wholesale prices rose more than expected in January, according to government data published Friday, as services costs were lifted by a jump in the index for hospital outpatient care. The "major factor" behind the rise in the services index was the 2.2 percent monthly rise in hospital outpatient care, while a range of other services also rose, the Labor Department said in a statement.

Russian invasion catalyst for renewables in Ukraine: minister
Russian invasion catalyst for renewables in Ukraine: minister
Economy
by  AFP

The wartime destruction of its coalmines and several of its power plants are proving a catalyst for Ukraine's renewable energy transition, said the country's Energy Minister German Galushchenko. The minister said moves towards wind and solar power, coupled with the war's impact on classic energy infrastructure, means that "the green transition should be implemented faster than we expected."