US consumer prices increased by 0.4% in September, more than expected

Inflation remained a top concern for policymakers in September as consumer prices increased at a slightly faster-than-anticipated rate for a variety of goods and services. According to a recently released Labor Department report, the consumer price index increased 0.4% from the previous month and 3.7% from the previous year. The corresponding Dow Jones estimates were…

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G20 welcomes the African Union as a permanent member at the Delhi Summit

The African Union has become the second regional group to be admitted to full membership of the Group of 20 leading industrialized and developing countries, Indian Prime Minister Narendra Modi announced on Saturday at the start of the two-day G20 leaders’ summit in Delhi. The widely expected move underscores India’s broad agenda to shift the…

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G20 Countries Reach Consensus on New Delhi Joint Declaration

The Group of 20 countries on Saturday overcame differences over references to the war in Ukraine and agreed on a joint declaration that paves the way for debt repayment frameworks and country-based climate finance solutions, among other pledges to boost development in the global south. In an 83-paragraph joint communique aimed at deepening the inclusion…

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