News Snapshot:
A customer shops at a supermarket in Oregon, the United States, July 13, 2022. [Photo/Xinhua] The latest U.S. consumer price index (CPI) was published on Wednesday, revealing a higher-than-expected inflation rate of 9.1% year-on-year. The data comes amidst forecasts from the Bank of America that the country is anticipated to enter a "mild recession," which will see its economy potentially shrink in the coming quarters. The White House quickly played down the negative data, claiming it was "out of date." At this point, however, such figures are hardly convincing and come amidst a year of similar excuses, ranging from claiming...
