USA Inflation Higher Than Russia? Ouch!

U.S. Outpaced Russia in June Inflation

The United States was ahead of Russia in inflation in June. There, the consumer prices surged 1.1 percent, while Russia had 1.0 percent. Nevertheless, Ukraine is the absolute leader in inflation acceleration, Russia’s statistics authority Rosstat reported with reference to Eurostat and national statistics services.

Russia says Zimbabwe talks show sanctions are not needed

Russia, which blocked UN sanctions against Zimbabwe’s regime, believes the start of talks between the government and the opposition justify Moscow’s veto, President Dmitry Medvedev said on Tuesday.

Kyle &Svet

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