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World

Tuesday, July 13, 2021

US annual CPI jumps 5.4% in June, biggest since 2008
USA

US annual CPI jumps 5.4% in June, biggest since 2008

  • Energy prices have also rebounded after sinking in the midst of the pandemic shutdowns, with gasoline surging 45.1 percent over the past year, unadjusted, and 2.5 percent in the month, the report said.
Updated 13 Jul, 2021 06:54pm
US Treasury's Yellen 'pleased' with delay to EU digital levy
USA

US Treasury's Yellen 'pleased' with delay to EU digital levy

  • "I was pleased with their decision to delay introduction of this," Yellen said.
  • "We're in the middle of trying to finalize an agreement. Countries have agreed to repeal, with Pillar 1, existing measures, and to avoid introducing future digital taxes that would be discriminatory."
Published 13 Jul, 2021 06:25pm
S&P reaffirms India's long-term sovereign credit rating, outlook
South Asia

S&P reaffirms India's long-term sovereign credit rating, outlook

  • India's long-term rating was affirmed at 'BBB-' with a stable outlook while the short-term rating was held at 'A-3'.
  • "The stable outlook reflects our expectation that India's economy will recover following the resolution of the COVID-19 pandemic," analysts at the rating agency wrote.
Published 13 Jul, 2021 05:27pm
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