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Economy

  • Paris airport workers keep demand for pay raise alive

    Paris airport workers keep demand for pay raise alive

    Jul 02, 2022 16:43

    Paris airport workers have planned another two-day strike for the weekend as the protest action has already disrupted early summer travels at the French capital’s international airport.

  • Flights canceled in France as airport workers strike for higher pay amid high inflation

    Flights canceled in France as airport workers strike for higher pay amid high inflation

    Jul 01, 2022 14:23

    As France’s summer travel season begins, flights from Charles de Gaulle Airport in Paris and other French airports have been canceled after the employers went on strikes to protest low salaries and high inflation.

  •  Italy’s economy facing multiple threats; Social peace at risk

    Italy’s economy facing multiple threats; Social peace at risk

    Jun 30, 2022 11:23

    The gas squeeze, higher interest rates and plummeting consumer confidence threaten to bring down Italy's economy on multiple fronts.

  •  Argentine trucker protest slashes grains delivery, threatening exports and milling

    Argentine trucker protest slashes grains delivery, threatening exports and milling

    Jun 30, 2022 11:21

    A truck driver protest in Argentina is threatening to paralyze the country's grains exports, slashing the number of freight vehicles carrying grains to the country's main port on Wednesday.

  • G7 unveils $600bn infrastructure plan to rival China's Belt and Road initiative

    G7 unveils $600bn infrastructure plan to rival China's Belt and Road initiative

    Jun 28, 2022 11:03

    The Group of Seven (G7) countries are set to raise $600 billion in funding for advancement projects in the developing world in a move designed to counter China’s Belt and Road Initiative (BRI).

  •  UK inflation hits 40-year high of 9.1% as food, energy prices surge

    UK inflation hits 40-year high of 9.1% as food, energy prices surge

    Jun 22, 2022 16:47

    The United Kingdom recorded the highest inflation in the past four decades in May with food prices pushing it up to 9.1 percent, the highest among the Group of Seven (G7) countries.

  •  Over 20 Italian cities witness protests amid economic worries

    Over 20 Italian cities witness protests amid economic worries

    Jun 19, 2022 06:36

    On Saturday, demonstrations were held in more than twenty Italian cities as socio-economic conditions in the country worsen by the day.

  •  Report: Canada inflation hits four-decade high, worse yet to come

    Report: Canada inflation hits four-decade high, worse yet to come

    Jun 18, 2022 13:36

    Canada’s inflation rate has probably hit its highest level in nearly 40 years, with experts warning Canadians to be prepared as it gets worse.

  •  Eurozone inflation hits another record high as food and energy prices soar

    Eurozone inflation hits another record high as food and energy prices soar

    May 31, 2022 12:37

    Prices in the eurozone touched another record high in May, challenging the European Central Bank's view that gradual interest rate increases from July will be enough to stem the soaring inflation.

  • Wheat-laden trucks, ships stranded at Indian port after export ban

    Wheat-laden trucks, ships stranded at Indian port after export ban

    May 17, 2022 11:52

    Hundreds of thousands of tonnes of wheat were stranded at a major port in India on Tuesday after New Delhi's surprise ban on exports over inflation and food security worries.

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