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ECB determined to stop inflation becoming 'embedded'
ECB determined to stop inflation becoming 'embedded'
by  AFP

The European Central Bank is determined to stop soaring inflation becoming the norm, its president said Tuesday, as the coronavirus pandemic and the Russian invasion of Ukraine put lasting pressure on prices. Soaring inflation rates were driven by the economic shocks of the coronavirus pandemic and the Russian invasion of Ukraine, which has sent the price of energy soaring, Lagarde said.

Biden nominates new ambassador to Russia
Biden nominates new ambassador to Russia
by  AFP

US President Joe Biden nominated veteran diplomat Lynne Tracy Tuesday to serve as ambassador to Russia, after the retirement of current envoy John Sullivan. Formerly the number two diplomat in the US mission in Russia, Tracy is currently the US ambassador to Armenia, and her appointment to the Moscow post is contingent on approval by the US Senate.

Britain cleans up, looks to future after queen's funeral
Britain cleans up, looks to future after queen's funeral
by  AFP

Flags on government buildings returned to full mast and an epic clean-up operation was under way on Tuesday as British public life resumed after the state funeral of Queen Elizabeth II. Around 250,000 people queued round the clock to view the queen's coffin as it lay in state in the days leading up to the funeral, the UK government said, while more than 26 million watched the event on television.

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