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High inflation hinders UK cost-of-living fight
High inflation hinders UK cost-of-living fight
by  AFP

Britain's annual inflation rate unexpectedly remained at 8.7 percent in May, official data showed Wednesday, piling pressure on the Bank of England and government to act over a cost-of-living crisis. Britain has endured months of strikes by workers demanding higher wages to help with the cost-of-living crisis.

Volvic on front line of France's new water fears
Volvic on front line of France's new water fears
by  AFP

The public fountains in Volvic, the home of one of the world's most famous mineral waters, have been turned off. France is both the world's biggest exporter of bottled water and the home of its most famous brands from Volvic to Evian, Vittel to Perrier.

Asian markets drop as traders await Fed boss testimony
Asian markets drop as traders await Fed boss testimony
by  AFP

Asian markets mostly dipped Wednesday, following a downbeat lead from Wall Street as investors braced for Fed boss Jerome Powell's testimony to the US Congress. The anxiety over Powell's testimony built on top of disappointment on market floors this week with Beijing's moves to try and revive the Chinese economy.

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