Inflation in the US has once again exceeded forecasts, jumping by 9.1% in June compared to the same period of last year, the Department of Labor said on Wednesday. “In June, the Consumer Price Index for All Urban Consumers rose…9.1 percent over the last 12 months, not seasonally adjusted.” reads a release by the US…

The global community needs to prepare for wheat prices rising to $700 per ton this year, a nearly 40% jump from the current $430, the Ukrainian minister of agrarian policy and food, Mykola Solsky, said on Wednesday, as cited by TASS.

Budapest will be forced to cut social spending due to budget shortages stemming from EU restrictions, PM Viktor Orban says The Hungarian economy is losing billions of dollars due to Western sanctions on Russia, Prime Minister Viktor Orban said on Friday.