Biden’s reputation hinges on Kiev’s counteroffensive – Politico

The White House is anxiously watching the current round of fighting in Ukraine, US officials told the outlet Washington’s future military support for Ukraine and President Joe Biden’s reputation depend largely on the outcome of Kiev’s counteroffensive against the Russian forces, senior American officials have told Politico.

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China on track to become world’s top car exporter – Moody’s

The country may overtake leader Japan by the end of 2023, the ratings agency has predicted  China is on course to overtake Japan and become the world’s biggest exporter of cars by the end of the year, Moody’s Analytics said in its latest report.

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Bank of England tries to rein in soaring inflation

The Bank of England (BoE) on Thursday raised the benchmark interest rate for a ninth time in a row this year, in an effort to combat double-digit inflation in the country. The Monetary Policy Committee (MPC) voted to increase the cost of borrowing by 50 basis points to 3.5% after the consumer price index showed…

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