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Supply chain crisis derailing recovery, warns Andrew Bailey

Stagflation fears send sterling to $1.3430, with the pound risking 'losing credibility', economists warn

The Telegraph |  | Fuente original

China factory activity contracts for first time since pandemic began

The drop is a sign of the damage a widespread electricity crunch is having on an already slowing economy.

The Straits Times |  | Fuente original

Merck says research shows its Covid-19 pill works against variants

Data shows that the drug is most effective when given early in the course of infection, the US drugmaker said.

The Straits Times |  | Fuente original

Gas Shortages Awaken Britain to Some Crucial Workers: Truck Drivers

Dwindling pay, poor roadside conditions and post-Brexit immigration rules have led to a critical shortage of drivers. Despite appeals, some say they are reluctant to return.

World Wide |  | Fuente original

Democrats Move to Avert Shutdown, but Divisions Imperil Biden’s Agenda

Democrats prepared a spending bill to keep the government funded past a Thursday deadline, but moderates dug in harder against their ambitious social safety net bill.

World Wide |  | Fuente original

China’s Manufacturing Weakens for First Time Since Covid-19 Erupted

The contraction ended an 18-month expansion that powered the country’s recovery from the pandemic, with power curbs in hubs threatening further disruption.

The Wall Street Journal |  | Fuente original

Infrastructure Bill in Peril as Democrats Strain to Unite Party

Democrats in Washington were working to both avoid a government shutdown and salvage President Biden’s domestic agenda.

The Wall Street Journal |  | Fuente original

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