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UK inflation slides to 13-month low, stays elevated

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ibt.com

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morningbrief@ibt-mail.com

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Thu, May 25, 2023 06:05 AM

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Newsletter May 25, 2023 UK food price inflation stood at 19 percent in April, around the highest lev

Newsletter May 25, 2023 [ International Business Times]( [UK inflation slides to 13-month low, stays elevated]( UK food price inflation stood at 19 percent in April, around the highest level in more than 45 years. [Stocks sink over US debt ceiling concerns]( Wall Street extended losses while European stocks suffered their biggest single-day loss since March, after Asia had also closed in the red.  [Learn more about Jeeng]( [UK pledges £143 million to support more than a million people in the Horn of Africa, providing humanitarian aid to victims of drought, famine crises and gender-based violence.]( The UK pledges £143 million to support more than a million people in the Horn of Africa. The committed donor will provide humanitarian aid for people in Kenya, Ethiopia, and Somalia, who are witnessing the worst drought in 40 years. [British Foreign Secretary flags Latin America's importance for global order]( British Foreign Secretary James Cleverly has articulated Britain's support for Brazil's permanent membership of the United Nations Security Council. [Russia vows 'extremely' harsh response to incursions from Ukraine]( Russia said Wednesday it had fended off a Ukrainian attack on one of its warships in Turkish waters with unmanned vessels. [dianomi]( [Fed economists still expect 'mild recession,' May minutes show]( All 11 voting members of the Federal Open Market Committee (FOMC) were in favor of lifting the Fed's benchmark lending rate by 25 basis points [Major new study reveals 72% of companies have now mandated a return to the workplace]( A major new study has revealed that 72 per cent of companies globally have now mandated a return to the workplace, with 42 per cent now reporting a higher level of employee attrition. [Belgium reveals new global plans to showcase its innovation for the next three years]( Belgium is set to take to the international stage and spread more visibility of its innovative qualities through a fresh campaign titled, Embracing Openness. [Study reveals that 69% of consumers consider sustainable products and demand for eco-friendliness]( While perceived higher costs remain a challenge, companies are increasingly transforming their offerings and embracing eco-friendly alternatives. [WhatsApp scams making the rounds in 2023, how to stay safe on the app]( There are more than 75 million WhatsApp users in the United States, and the platform boasts over 2 billion accounts worldwide. [First iOS 16.6 beta introduces iMessage Contact Key Verification for high profile users]( Apple announced the iMessage Contact Key Verification feature alongside Lockdown Mode in December 2022. [WHO starts global pathogen surveillance network to tackle future pandemics]( On May 20, the World Health Organization launched a special network to track disease-causing microbes like viruses, bacteria, etc, collectively known as pathogens in the medical world. [Homeless to be moved out of Paris ahead of 2024 Olympics]( Efforts to create housing facilities for asylum seekers in provincial areas have already proved an explosive issue [Vinicius racism row: Red card rescinded, Valencia fined and Mestalla stand closed]( Seven people have also been arrested in Madrid in connection with racist actions against the Brazilian. You Might Like    [Learn more about Jeeng]( [IBTimes]( IBTimes will always protect your security and privacy. Please read our detailed [Privacy Policy.]( Please do not reply to this email. [Click here]( to adjust your notification preferences or unsubscribe. © Copyright 2023 IBTimes LLC. All Rights Reserved. IBTimes LLC, 33 Whitehall ST FL 7, New York, NY 10004 U.S.A, New York, New York 10004, United States You may [unsubscribe]( or [change your contact details]( at any time.

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