AFP
China is walking a tightrope between economic growth and inflation as industries cope with climate change promises and commodity costs climb.
April readings of factory gate prices may have served as a warning of higher costs to come. The producer price index (PPI) jumped 6.8 percent from a year earlier in its strongest surge since 2017.
The consumer price index (CPI) rose at a slower 0.9- percent rate, weighed down by weaker pork prices, although the pace was still the fastest in seven months.
The CPI sent mixed signals of a still-restrained recovery of consumption from the COVID-19 crisis a year before. The lag behind PPI growth suggested that manufacturers profits will shrink if material costs continue to rise.
Written by Associated Press on May 28, 2021
CASPER, Wyo. (AP) The federal government has argued that the U.S. Supreme Court should not take up a lawsuit in Wyoming over a blocked coal export terminal because the company behind the proposal is bankrupt and won’t be building the project.
U.S. Solicitor General Elizabeth Prelogar argued in a brief that there is no legal controversy for the high court to consider because the Millennium Bulk Terminal project won’t proceed, The Casper Star-Tribune reported Wednesday.
The proposed terminal’s parent company Lighthouse Resources Inc. declared bankruptcy in December. It then failed to find an interested buyer for the terminal.
Police arrest man after finding cannabis factory at property in Coalville
The search was carried out in the early hours of the morning
A cannabis factory was found at a property (Image: Google)
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Police discovered a cannabis factory after raiding a property in the early hours of the morning.
Top thermal coal exporter Indonesia is planning to retire its coal-fired power plants gradually, in a phased move towards becoming carbon neutral, an official from the country's state utility, Perusahaan Listrik Negara (PLN), said on Thursday.
Closure order placed on Coalville property following drug and anti-social behaviour concerns leicestermercury.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leicestermercury.co.uk Daily Mail and Mail on Sunday newspapers.