It also made headlines in the Wall Street Journal (below) and the Financial Times, noting that it was “the highest rate of inflation in almost 13 years” since the 2008 crisis.
But the New York Times headline throughout the day drew attention to the “sharp rise” in prices. Below, “The increase was larger than expected and is expected to keep inflation at the center of the political debate in Washington.”
It was the first day of Joe Biden’s first overseas trip as President of the UK, loaded with photo ops and seemingly positive leaks.
Once skeptical of the outlook for inflation, the NYT has now pointed out that “a central index has seen the biggest jump since 1992”, referring to an index that excludes volatile prices and rose 3.8%, in annualized rate, “the fastest rate” in three decades.
“Government debt is already the biggest ever,” the newspaper said, then pointing to two Republican senators who question Biden’s plans to increase infrastructure spending and more stimulus.
In British FT, in a separate analysis, “A slow and painful death: Biden’s domestic agenda fades as he flies abroad”.
In the Washington Post house, also unrest in the fight against Covid, “vaccination rates drop, compromising Biden’s target of July 4”. With plummeting doses, you might not reach 70% of adults on Independence Day.
The NYT reported, on the cover and on the home page, that the “Pentagon is considering future attacks on the Taliban” and urges it to stay in Afghanistan with “fighters or drones.”
In the newspaper’s words, he wants to “introduce flexibility into Biden’s plan to end the military presence.” The president had “suggested that as soon as the troops left, air support would end.”
THE GOOD THING
On the print cover and on the home page, the WSJ gave the “exclusivity” that the largest companies in the United States continue to be blackmailed, “part of a wave”, in this case : “JBS paid $ 11 million in ransom”. The CEO of the “Brazilian meat supplier”,
André Nogueira, tells the newspaper that “it was very painful to pay criminals, but we did what was necessary for our customers”.
‘IRON SILK ROUTE’
Headline in Nikkei, pictured above, of a train leaving Wuhan, China, for Duisberg, Germany, in just a few short years the “Iron and Silk Road becomes a vital freight link to Europe “for Chinese and also Japanese products. But the boom faces “a murky future as tensions mount”.
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