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German inflation accelerates to 2.9% in April as energy costs soar

German inflation accelerates to 2.9% in April as energy costs soar

By Maria Martinez BERLIN, April 29 (Reuters) - German inflation picked up in April due to surging energy prices fuelled by the war in Iran, data showed on Wednesday, though a drop in core inflation showed cost pressures had yet to spread across the broader economy.

Bank of England set to hold rates as Iran war clouds outlook

Bank of England set to hold rates as Iran war clouds outlook

By William Schomberg LONDON, April 30 (Reuters) - The Bank of England looks set to keep interest rates on hold on Thursday as it awaits the economic fallout from the Iran war and investors will be on alert for any suggestions that higher borrowing costs are likely to be needed. Like the U.S.

Euro zone business lending picks up even as Iran war hits sentiment

Euro zone business lending picks up even as Iran war hits sentiment

FRANKFURT, April 29 (Reuters) - Bank lending to euro zone firms accelerated in March, even as the Iran war depressed economic sentiment, European Central Bank data showed on Wednesday, a hopeful sign that the real economy can maintain some resilience even during turbulent times.

ECB Faces Policy Dilemma Amid Surging Inflation and Faltering Growth

ECB Faces Policy Dilemma Amid Surging Inflation and Faltering Growth

The European Central Bank (ECB) is grappling with a policy dilemma as inflation expectations in the Euro zone surge due to the ongoing conflict in Iran, while economic growth shows signs of faltering. According to recent ECB surveys, inflation expectations for one year ahead have jumped to 4.0% from 2.5% the previous month, with three-year expectations rising to 3.0%. This is well above the ECB's 2% target. The central bank's Bank Lending Survey also indicates that lenders have tightened loan approval criteria more than expected, reflecting concerns over economic uncertainty. Despite these challenges, the ECB is expected to keep interest rates on hold at its upcoming meeting, with potential rate hikes being considered for June.

Inflation up in three German states in April, pointing to national increase

Inflation up in three German states in April, pointing to national increase

By Maria Martinez BERLIN, April 29 (Reuters) - Inflation rose in three key German states in April, preliminary data showed on Wednesday, suggesting Germany's national inflation rate could increase this month amid higher energy prices due to the Iran war.

ECB to hold rates steady but keep hikes firmly on the table

ECB to hold rates steady but keep hikes firmly on the table

By Balazs Koranyi and Francesco Canepa FRANKFURT, April 30 (Reuters) - The European Central Bank will keep interest rates unchanged on Thursday like most of its global peers this week, but it is also likely to signal that a rate hike, perhaps as soon as June, may be needed to combat an energy-driven

WHO Establishes Regional Biomanufacturing Training Centers to Enhance Global Health Security

WHO Establishes Regional Biomanufacturing Training Centers to Enhance Global Health Security

The World Health Organization (WHO) has announced the establishment of a network of regional training centers for biomanufacturing across all six WHO regions. This initiative aims to bolster the global workforce necessary for the production of vaccines, biotherapeutics, and other biological products. The centers are part of the WHO Biomanufacturing Workforce Training Initiative, which was launched in 2023 to address critical skills gaps in the biomanufacturing sector. The initiative seeks to translate technological advances into sustainable local production by investing in people and systems. The designated centers will operate as a coordinated global network, providing context-specific training that aligns with regional priorities and regulatory environments. They will collaborate with academia and industry to expand access to training and strengthen regional expertise.

Iraq’s dominant bloc taps newcomer Ali al-Zaidi for prime minister after weeks of wrangling

Iraq’s dominant bloc taps newcomer Ali al-Zaidi for prime minister after weeks of wrangling

Iraq's dominant parliamentary bloc has nominated businessman Ali al-Zaidi as the country's prime minister

ECB survey shows scant signs of second round inflation effects

ECB survey shows scant signs of second round inflation effects

FRANKFURT, April 27 (Reuters) - Euro zone firms expect inflation to surge in the near term on the war in Iran but longer-term bets remained steady and wage growth is actually seen moderating, the European Central Bank's Survey on the Access to Finance of Enterprises showed on Monday.

Euro zone consumers sharply lift inflation bets, ECB survey shows

Euro zone consumers sharply lift inflation bets, ECB survey shows

FRANKFURT, April 28 (Reuters) - Euro zone consumers sharply raised their inflation expectations in March, a key European Central Bank survey indicated in a worry for policymakers who fear that high energy costs could push up expectations and make rapid price growth self-perpetuating.

Augusta's Air Quality Report Highlights Concerns Over Particle Pollution

Augusta's Air Quality Report Highlights Concerns Over Particle Pollution

A recent report by the American Lung Association has given Augusta, Georgia, mixed grades for air quality. While the city received an 'A' for ozone levels, it failed in terms of year-round particle pollution, ranking 41st worst in the nation. The report identifies wildfires, diesel engines, and other sources as major contributors to particle pollution, which poses significant health risks. The association advises residents to stay indoors on high-pollution days and consider alternatives to driving. The report serves as a tool to help the public understand air quality issues and protect their health.

Harvard Doctor Advocates Whole Foods Over Supplements for Gut Health

Harvard Doctor Advocates Whole Foods Over Supplements for Gut Health

Harvard Doctor Advocates Whole Foods Over Supplements for Gut Health