Newsletter May 19, 2022
UN chief warns of famine, urges Russia to free Ukrainian grain

The UN chief also said that Russian food and fertilizers "must have full and unrestricted access to world markets."

Japan's trade gap widens as import costs surge on supply pressures

A weak yen, once considered a boon to the export-led economy, is now having less of an impact as shipments grow smaller, given the ongoing shift by Japanese manufacturers to offshore production.

Asian shares tumble as global growth fears mount

British inflation surged to its highest annual rate since 1982 as energy bills soared, while Canadian inflation rose to 6.8% last month, largely driven by rising food and shelter prices.

U.S. lodges labor complaint against Panasonic in Mexico

The request from the U.S. Trade Representative (USTR) comes after a Mexican union last month petitioned the U.S. government to probe Panasonic's plant in the northern border city of Reynosa.

NASA set for Boeing's Starliner uncrewed space capsule test

At 6:54 p.m. EDT (2254 GMT) on Thursday at NASA's Kennedy Space Center in Florida, Starliner is set to make another attempt at launching to the space station without any astronauts aboard.

Most automakers fall short on climate goals: report

Collectively, the combined global production of battery electric vehicles by all automakers is forecast to only reach 32 percent by 2029.

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