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Added on the 15/03/2019 10:32:00 - Copyright : Le Républicain Lorrain
Remake britannique de la série française à succès, Dix pour cent.
The Fed predicts a 5.2 percent rate of inflation, as measured by the personal consumption expenditures price index, before falling rapidly to 2.6 percent next year and 2.2 percent in 2024, Chair Jerome Powell says during a press conference. SOUNDBITE
South Africa’s finance minister forecasts the economy will grow by 4.8 percent, a revision to the 5.1 percent growth previously forecast. While presenting the country's 2022 budget to parliament, minister Enoch Godongwana says "Commodity prices... also, violent unrest in July; restrictions imposed to manage the third wave of Covid-19 further eroded the gains made in the first half of the year." SOUNDBITE
The chair of the US Federal Reserve, Jerome Powell, predicts an annual inflation rate of 4.2 percent in 2021, up from the 3.4 percent forecast in June, dropping to 2.2 percent in 2022. SOUNDBITE
The Agnelli family, owners of Italian icons Ferrari and Juventus football club, has bought a 24 percent stake in French high-fashion brand Christian Louboutin, famous for its red-soled footwear. According to a joint statement, the 541 million euro ($642 million) investment is being made via the Agnelli's Exor holding company and will give them two seats out of seven on the board. FILE IMAGES OF LOUBOUTIN STORE IN PARIS
The head of the Ethiopian Red Cross Society says that 80 percent of the country's conflict-hit Tigray region is cut off from humanitarian assistance, warning that tens of thousands could starve to death. SOUNDBITE
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