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US consumer prices surge to new 40-year high of 9.1%
US consumer prices surge to new 40-year high of 9.1%
Business and Economy
by  AFP

US inflation surged to a fresh peak of 9.1 percent in June, further squeezing American families and heaping pressure on President Joe Biden, whose ratings have taken a battering from the relentless rise in prices. But the Federal Reserve is likely to continue its aggressive interest rate increases as it tries to tamp down the price surge by cooling demand before inflation becomes entrenched.

Greece's Real daily and radio firebombed: company
Greece's Real daily and radio firebombed: company
World
by  AFP

Firebombs exploded at Greece's Real News and Real FM radio sparking a blaze that tore through the outlets' Athens offices, the media group said in a statement Wednesday. Real News and Real FM are centre-left outlets that offer platforms to opposition but also pro-government voices. str-mr/gw/jv