The Consumer Price Index (CPI) rose 0.5% on a year-over-year basis in September, up from a 0.1% increase in August. Excluding gasoline, the CPI rose 1.0% in September, following a 0.6% increase in August. The acceleration in the CPI was largely due to price changes in the transportation, recreation, education and reading, and shelter components. Year over ...
Police in Paraguay have found a record 2.3 tonnes of cocaine hidden among a charcoal shipment destined for Israel. They said the drugs had an estimated street value of $500m (£383m). It is the largest drugs seizure police have made in the South American country. The cocaine was found in a container at Terport, a private port in the city of Villeta, near the ...
Much has been written about the run-up in U.S. crude oil exports over the past five-plus years, and rightly so. Who would have guessed a dozen years ago that the U.S. would soon be producing as much as 13 MMb/d, and exporting one-quarter of it? Exports are only half of the story though. In fact, for every barrel of crude shipped or piped out of the U.S. ...
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ECB President Lagarde Speaks
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