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Crisis-hit Sri Lanka's inflation hits another record
Crisis-hit Sri Lanka's inflation hits another record
by  AFP

Crisis-hit Sri Lanka's inflation hit an eleventh consecutive monthly record in August, official data showed on Wednesday, rising to 64.3 percent as the International Monetary Fund extended bailout talks by one more day. The CCPI figures were released hours after the IMF said it had extended by a day official-level talks with the Sri Lankan government on a possible bailout.

Canada economy accelerates, posts 3.3% growth in Q2
Canada economy accelerates, posts 3.3% growth in Q2
by  AFP

Canada's economy accelerated in the second quarter of 2022, benefitting from higher commodity prices after emerging from pandemic lockdowns to post annualized growth of 3.3 percent, the government statistical agency said Wednesday. Quarter to quarter, the economy grew 0.8 percent.

UK regulator bans Unilever's 'misleading' green ad
UK regulator bans Unilever's 'misleading' green ad
by  AFP

Britain on Wednesday banned an advertisement from consumer goods group Unilever over "misleading" environmental claims for its laundry detergent brand Persil. The Advertising Standards Authority (ASA) said the television advert, which claimed Persil was "kinder to our planet", had failed to demonstrate environmental benefits.

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