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Growth is still strong and inflation too high
Also in today’s newsletter, Fed decision day and Berkshire after Buffett
The pressure on Beijing to find a new growth model is acute but the president seems resistant to deeper economic reform
McDonald’s and Coca-Cola among companies highlighting impact of persistent inflation
Promise of measures to shore up growth comes as high-tech output drives expansion in factory activity
GDP expansion in largest economies comes as bloc’s headline inflation remains at 2.4% but core rate keeps falling
The elimination of extreme poverty is slipping from our grasp
US Treasury can hit Turkish banks with secondary sanctions if they are involved in exports used in Ukraine war
The worker insecurity hypothesis versus Lina Khan
Four reasons to doubt a hike is coming, but US inflation has been misbehaving
Also in today’s newsletter, Apple’s secret AI laboratory and WeWork agrees deal with creditors
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you
Cheaper clothing, footwear and promotions help bring down retail inflation rate to lowest since December 2021
Veterinary medicines among issues highlighting problems of having different regulatory regimes in EU and UK
Policymakers on either side of bitter trade dispute seem to confuse two issues
Also in this newsletter: Yousaf quits as Scottish leader, Musk’s China deal, transatlantic pay gap
Energy and food figures highlight ‘last mile’ challenge of bringing prices close to central bank’s target
US labour unions are using a German supply chain regulation to take on Mercedes
People, money and trade are turning to Japan but a short-term opportunity may become a long-term problem
Also in today’s newsletter, US commander warns of China’s ‘boiling frog’ strategy in the Pacific and hopes rise for Gaza hostage release
Controversial things come in low-value packages
Report says punitive action being mooted in Brussels would not be enough to deter carmakers
Past and present policymakers should ask more searching questions about the causes and impact of the price surge
Deloitte survey shows people opting to spend less money on social drinking than at any time since lockdown
Nobel laureate claims fall in inflation vindicates his position but global events challenge other views
International Edition