Prices of petroleum products are expected to rise from May 16 even if the government extends the programme aimed at cushioning consumers against rising prices
Prices of petroleum products are expected to rise from May 16 even if the government extends the programme aimed at cushioning consumers against rising prices
European Central Bank chief Christine Lagarde said Monday eurozone policymakers would keep cutting interest rates and warned that higher US tariffs under President-elect Donald Trump could hit growth in the bloc. If the United States took a protectionist run on trade under Trump, "growth in the euro area is likely to take a hit", she said.
Asian markets mostly fell Monday after an unexpected slowdown in retail sales reinforced worries about China's economy, with the latest batch of weak data compounding the disappointment of Beijing's latest stimulus pledges. That came after investors were left unimpressed last week with Beijing's pledge to introduce measures aimed at "lifting consumption vigorously" as part of a stimulus drive.
At her London pub, landlady Kate Davidson has taken to issuing Guinness ration cards, but still the beer has run out amid a UK shortage of Ireland's national drink. Davidson and her business partner came up with the idea to introduce the ration card, which requires customers to purchase two other drinks before being allowed to buy a Guinness.
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