Blackouts and soaring prices: Pakistan’s economy is on the brink | CNN Business
Islamabad/London CNN — Muhammad Radaqat, a 27-year-old greengrocer, is worried. He doesn’t know how much an onion will cost next
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inflation
Britain hit by biggest day of strikes in a decade as pay disputes escalate | CNN Business
London CNN — As many as half a million workers are striking across Britain on Wednesday, closing schools, canceling university
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China’s reopening isn’t all good news. Inflation could get a second wind | CNN Business
London CNN — China’s swift reopening after nearly three years of strict coronavirus controls could provide a much-needed boost to
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The US economy grew by 2.9% in the fourth quarter, more than expected | CNN Business
Minneapolis CNN — The US economy expanded again during the fourth quarter, registering solid growth to end 2022 even as
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Inflation in Japan hits highest level in 41 years | CNN Business
Tokyo Reuters — Japan’s core consumer prices in December rose 4.0% from a year earlier, double the central bank’s 2%
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Why Egypt is asking its people to eat chicken feet | CNN Business
Editor’s Note: A version of this story appears in today’s Meanwhile in the Middle East newsletter, CNN’s three-times-a-week look inside
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French baguette under threat from soaring inflation. CNN speaks to bakers in France | CNN Business
In December 2022, the baguette — France’s national dish — was added to UNESCO’s list of “Intangible Cultural Heritage of Humanity.”
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Egg prices exploded 60% higher last year. These food prices surged too | CNN Business
Minneapolis CNN — Eggs, milk, butter, flour … if you were making pancakes last year, it would have cost you.
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The owner of Uniqlo is boosting pay for Japan employees by up to 40% as inflation bites | CNN Business
Hong Kong CNN — Fast Retailing, the Japanese giant that owns popular clothing brands Uniqlo and Theory, will start paying
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Global markets struggle to put last year’s misery behind them | CNN Business
London CNN — European and Asian stocks pushed higher on the first major trading day of 2023 as investors try
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