Real wages surge in Russia

Russia’s real wages in April were 10.4% higher compared to the same period a year ago, the country’s statistics service Rosstat reported on Wednesday. The growth came mostly due to low base effect recorded last year, the agency said, adding that in April 2022 real wages dropped 7.2% because of a rise in the inflation…

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US debt becoming unsustainable – report

Paying the growing interest will get harder, the Congressional Budget Office has warned US national debt will nearly double over the next three decades and interest payments on the sum will triple in relation to gross domestic product (GDP), a non-partisan group of budget experts in Congress has warned.

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Millions in UK facing hunger – survey

One in seven people in the UK faced hunger last year due to a lack of money, research by food bank charity the Trussell Trust revealed on Wednesday.    The survey said this equated to an estimated 11.3 million people, which is more than double Scotland’s population. Ethnic minorities, disabled people and carers were among…

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