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World 21 May 2022 | 12:25 AM

G7 countries determined to rein in rising inflation

FRANKFURT, May 20 (Xinhua) -- The Group of Seven (G7) countries are determined to rein in the spiraling inflation, German Finance Minister Christian Lindner said on Friday.

World 20 May 2022 | 2:23 AM

Egypt raises interest rates to curb inflation

CAIRO, May 19 (Xinhua) -- The Central Bank of Egypt (CBE) decided on Thursday to raise its interest rates amid a global wave of inflation and hiking prices.