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The Latest Breaking News from Inflation

Congress Protest: Modi govt misusing CBI, ED to silence opposition, says AICC spokesperson Gourav Vallabh

The Centre has been misusing the CBI and ED to silence the opposition but the Congress will continue to raise its voice against the rising inflation and imposition of GST on essential food grains, AICC spokesperson Gourav Vallabh said. Read more on Dynamite News:

Dynamite News

India seeks to avoid panic with targeted rice export curb

NEW DELHI: India’s potential clampdown on exports of broken rice shows the world’s top shipper trying to thread the needle of cooling domestic inflation without causing global panic.

The Times of India

How to understand the risk in your investments

"The greater the risk, the greater the potential for a return over inflation, and the greater the potential for loss"

Birmingham Post

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How to travel more without spending more? Podcast host has answers

With rising inflation rates and less disposable income, travelers are looking for every way imaginable to stretch their dollars and travel on a budget. Sometimes, credit card rewards and airline miles can turn a standard trip into a dream adventure.

Tribune News Service

Help IS on the way for households preparing for huge winter energy bills, Tory minister insists - as warning is issued on 'lethal cocktail' of recession and high inflation

'The government is making plans to help people as they will need it with energy bills this winter'

Manchester Evening News

Congress to hold 22 pressers on price rise

Cornering the government over the issue of inflation Congress will hold press conferences at 22 places across the country on Monday. Read more on Dynamite News:

Dynamite News

A witty memoir of taking on the family farm reckons with Indigenous dispossession and climate change

It’s been a tough couple of years for Australian farmers. Just months after Black Summer’s devastation, the pandemic struck. Catastrophic floods soon followed. African Swine Fever and foot and mouth on our doorstep pose an enormous threat, as do the more banal issues of inflation and labour shortages.

The Conversation

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Asian shares slide on Wall Street drop that ended last week

Asian shares have declined after the head of the U.S. Federal Reserve indicated high interest rates will continue for some time to curb inflation

The Independent UK

Central Bankers in Jackson Hole embrace tightening mission ahead

Top officials from the world’s biggest central banks coalesced around a simple message in Jackson Hole this weekend: They are ready to follow through with higher interest rates, even if it does some damage.

Tribune News Service

ASX plunges on Powell comments, Fortescue drags on subdued earnings, A2 Milk soars nearly 10pc

Australian shares have plunged, tracking Wall Street losses last week after US Federal Reserve Chair Jerome Powell reiterated a hawkish tone to battling inflation, while miner Fortescue Metals skidded after posting a lower annual profit.

ABC News

Summits old and new: what was Bob Hawke's 1983 National Economic Summit about?

This article is part of The Conversation’s series looking at Labor’s jobs summit. Read the other articles in the series here.

The Conversation

Warren says Fed policies could tip US economy into recession

WASHINGTON — Sen. Elizabeth Warren took aim at the Federal Reserve’s inflation-fighting game plan on Sunday, saying she was worried the central bank will tip the U.S. economy into a recession.

Tribune News Service

People will die this winter if absent Government doesn’t step in, warns Sadiq Khan

‘With bills going up this autumn and winter and wages not meeting the increase in inflation, I really worry,’ Sadiq Khan said

Evening Standard

Budget 2023 update: Social welfare changes, Child Benefit boost, housing tax break and more to be considered

The Government is considering a range of new measures aimed at tackling rising inflation in the hopes of bringing some relief to those currently struggling

Irish Mirror

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Salon

Warren "very worried" about inflation

Senator Warren talked inflation and Biden's student debt forgiveness with “State of the Union” host Dana Bash

Daily Mirror

11 things Rishi Sunak said that could come back to haunt Liz Truss if she wins

Liz Truss is expected to be named Prime Minister after a summer of vicious infighting. Her rival Rishi Sunak has landed a string of damaging blows along the way which could pose problems for the Tories

WEKU

Is it fair to forgive student loans? Examining 3 of the arguments of a heated debate

President Biden's plan to forgive hundreds of billions of dollars in student debt will help millions – but it's also raising concerns about inflation, economic fairness and college tuition costs.

WEKU

Inside the survival story of a Mississippi store fighting high inflation

The Simmons-Wright Company has survived over 100 years by learning to adapt when confronted with every economic challenge that has come its way. Its latest battle? High inflation.

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The Independent UK

Cost of living: How to cope with the rise in prices

Millions of Britons are struggling as the price of everything soars amid rising energy prices and inflation. Kate Ng turns to financial experts for advice on how to deal with it all

The Guardian - US

How a century-old bakery is weathering inflation in the US’s worst-hit city

As costs rose nationwide, La Segunda in Tampa, Florida, had to figure out how to keep 140 employees across three bakeries afloat

The Guardian - US

The Fed keeps raising interest rates. Working people are getting hammered

Corporations are pushing up prices at the expense of Americans

The Guardian - UK

Private schools in England accused of ‘gaming the system’ on lockdown exam results

High GCSE and A-level grades awarded by teachers at independent schools in the pandemic fell dramatically after public exams

Reuters

Australia to probe 'broken' industrial relations at jobs summit

Australia's new government will consider reforms to the country's "broken" industrial bargaining system at a jobs summit this week, Treasurer Jim Chalmers said on Sunday.

Tribune News Service

Top central bankers deliver hawkish message at Jackson Hole

The world’s top central bankers delivered a stern and unified message on the need to curb inflation, declaring at Jackson Hole, Wyoming, that it is broad based, here to stay and will require their forceful action.

Foreign Policy

The United States Is Fighting Inflation With History

Fed chief Jerome Powell wants the world to understand his present decisions are guided by past traumas.

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