Unable to afford the cost of cremation for his much-loved dog Khan under the weight of sharply increasing living costs, David Mcauliffe turned to a social media group offering help for under-pressure pet owners.. Mcauliffe and Fielding, who have two other dogs, have seen insurance and other costs increase.
Turkey's central bank on Thursday stunned the markets by lowering its main interest rate even as inflation soared to a 24-year high and looks set to climb further.. But Turkish President Recep Tayyip Erdogan subscribes to the unorthodox belief that high interest rates cause inflation rather than rein it in.
Chancellor Olaf Scholz said on Thursday that Germany would temporarily slash the sales tax on gas to help consumers facing soaring bills amid a crunch in Russian energy supplies.. The surcharge is aimed at sharing out the surging costs borne by energy importers after Russia drastically choked off gas supplies to Germany following its invasion of Ukraine.
Sri Lanka's economic meltdown will result in a record contraction of at least eight percent this year but the public could soon expect some relief from runaway inflation, the head of the country's central bank said Thursday.. The Central Bank of Sri Lanka had already projected the economy could shrink a painful 7.5 percent for the calendar year, dwarfing the previous record 3.6 percent contraction in 2020 as the pandemic raged.
The head of Germany's energy regulator said on Thursday that the country would almost certainly fail to meet its gas reserve targets in the face of a Russian supply squeeze.. Germany is heavily dependent on Russian gas and has seen deliveries drop sharply amid tensions over the Ukraine war.
Railway and postal staff, dockers too.. London's underground railway, the Tube, will be hit by a strike Saturday, ahead of an eight-day stoppage starting Sunday by dockers at Felixstowe, Britain's largest freight port that is situated in eastern England.
The phone's home screen shows 90 degrees Fahrenheit (32C) in Silver Spring, a suburb of Washington, on a mid-August day.. Today, the number of days above 90F in Montgomery County is about 19 per year.
The United States and Taiwan announced on Wednesday objectives for trade negotiations set for the early autumn in another step to boost ties even as tensions soar with China over the self-ruled island.. In recent weeks, tensions in the Taiwan Strait have soared to their highest in decades following a trip to Taipei by US House Speaker Nancy Pelosi.
Markets dropped in Asia on Thursday following a sell-off in New York spurred by minutes from the Federal Reserve indicating officials intended to keep lifting interest rates to tackle decades-high inflation.. JP Morgan Asset Management's Meera Pandit told Bloomberg Television: "We do still anticipate there's going to be a lot of interest-rate volatility in the back half of the year, especially once markets start to perhaps acknowledge the fact that we might not necessarily see cuts in 2023 that are being priced in."
TikTok on Wednesday rolled out its battle plan against the deluge of misinformation expected to accompany the upcoming US midterm elections, a problem tech firms largely decide themselves how to handle.. TikTok has rolled out an "Elections Center" that will help users know how and where to vote, and feature videos intended to encourage people to think critically about online content, he added.
