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Digital economy decarbonisation will be challenging
The UNCTAD Digital Economy report focuses on ways of reducing the environmental costs of digitalisation
InternationalThe chance of a US rate cut in September is rising
Fed Chair Powell and Treasury Secretary Yellen have both told lawmakers that they are confident inflation is easing
United StatesLow China consumer and producer inflation will persist
China’s consumer price inflation was flat at 0.2% in June and producer prices fell by 0.8% year-on-year
ChinaJapan rate rises will help the yen and domestic demand
The yen has declined steadily in dollar and trade-weighted terms but rate rises ahead raise hopes of a change of trend
JapanFood prices have likely entered a higher ‘new normal’
World food prices continued to ease in June, led by cereal and meat, although remain far above 2013-18 levels
InternationalWorld trade rebound will remain milder than past rates
World trade volumes grew by about 2% in the first half of the year
InternationalUS Cannabis advocates will back Democrats
The US president is not going as far on relaxing cannabis laws as some would like, but he is pursuing change
United StatesFrance will drag down euro-area growth this year
France’s services PMI contracted for a second month but the euro-area measure was more positive
EU
