Death toll of collapsed Florida condo grows to 12
Surfside, Florida (tca/dpa) – As the sixth day since the catastrophic collapse of the Champlain Towers South condo building came to an end, rescuers progressed with their painstaking search for survivors as families and friends await any shred of information about the fate of those who are still reported missing. On Tuesday night, a long…
British economy contracted by 1.6 per cent in first quarter
London (PA Media/dpa) – Britain’s economy suffered a bigger hit than first thought between January and March as the coronavirus lockdown took its toll and households saved at record levels, according to official figures. The Office for National Statistics (ONS) said gross domestic product (GDP) – a measure of the size of the economy –…
Eurozone inflation slows slightly in June
Brussels (dpa-AFX) – The euro area inflation slowed in June driven by the slowdown in the energy price growth, preliminary data from Eurostat showed on Wednesday. Inflation came in at 1.9 per cent in June, as expected, down from 2 per cent in the previous month. The inflation rate had exceeded the European Central Bank’s…