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Added on the 30/03/2022 13:13:11 - Copyright : France 24 EN
Members of the main Spanish trade and employment unions hold a demonstration protesting against the rising cost of living. Record inflation levels have fuelled growing anger with Spain's left-wing government as energy prices go through the roof. IMAGES
Eurozone inflation is likely to stay higher for longer than expected but is still set to come down later this year, European Central Bank chief Christine Lagarde says. SOUNDBITE
The International Monetary Fund projects that energy prices "will be elevated" during the coming winter months but will then "come back down by the end of the first quarter next year and into the second quarter," IMF chief economist Gita Gopinath says in an interview with AFP. SOUNDBITE
LeBron James, the Finals MVP, is one of the greatest basketball players of all time. However, the NBA's salary cap rules mean he typically earns less than other mega-star athletes. European soccer leagues lack a salary cap, according to Business Insider. Lionel Messi and Cristiano Ronaldo made far more last year than James. Still, LeBron James led the LA Lakers to an NBA championship on Sunday night. This marked his fourth championship and first since joining the Lakers in 2018.
"My colleagues and I are acutely aware that high inflation imposes significant hardship as it erodes purchasing power," US Federal Reserve Chair Jerome Powell says in Washington. SOUNDBITE
"I still have more high probability for 2024 to break the record," explains the World Meteorological Organization's (WMO) chief of climate monitoring, Omar Baddour, during a presentation of the annual State of the Climate report. "January was the warmest January on record (...) we have already signs of going through a very warm year in 2024," he adds. SOUNDBITE
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