International Economic
US foreign trade deficit worsens again as economy reopens
America's shortfall on trade with the rest of the world widened in May as strong domestic demand and the improved epidemiological situation stoked import demand.
US June non-farm payrolls rise by 850,000
Non-farm payroll growth in the US picked up a tad more quickly than anticipated last month, even if in part as a result of strong hiring by government.
Germany advised to combine AstraZeneca and mRNA vaccines to brake Delta variant
Germany's government committee on vaccinations believes combining the Covid-19 vaccine made by AstraZeneca and mRNA ones such as Pfizer's is the best way to combat the so-called Delta variant.
IMF sees Fed starting rate hikes in late 2022 or early 2023
The International Monetary Fund joined those who believe that America's central bank should start hiking interest rates towards the end of 2022 or the start of 2023 amid a quick rebound in economic growth.