US inflation shows signs of cooling
Inflation in the US is running at 5.3%, slightly down on July's year-on-year figure
Inflation in the US is running at 5.3%, slightly down on July's year-on-year figure. Robert Reich is a Professor of Public Policy at the University of California Berkeley and a Secretary of Labour under President Clinton, and he talks us through the latest data. The plane maker Boeing says it expects that it will take another two and a half years for global aviation to return to pre-pandemic levels; we hear from its Chief Strategy Officer, Marc Allen. Also in the programme, there are suggestions that pasta prices could rise by 50% owing to a shortage of wheat. Tosin Jack is commodity intelligence manager at price analysis company Mintec Global, and explains the background. And New York's theatres have start to reopen and there's a new promotional film featuring Oprah Winfrey to encourage customers back as we hear from our arts correspondent, Vincent Dowd. Also in the programme, the 大象传媒's Vivienne Nunis reports on the changing face of tourism in Kenya. Plus we're joined throughout the programme by Peter Landers Tokyo bureau chief of The Wall Street Journal and Alison Schrager, economist, writer and senior fellow at the Manhattan Institute in New York.
(Picture: Fruit prices in a supermarket. Picture credit: Getty Images.)
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- Wed 15 Sep 2021 00:06GMT大象传媒 World Service
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Business Matters
Global business and finance news and discussion from the 大象传媒