Low vaccination rates in some parts of the world are a future risk to financial stability, the European Central Bank said in a report on Wednesday, while the recovery from the pandemic has eased pressure on the economy.

The US government may run out of money by December 15, Treasury Secretary Janet Yellen warned Tuesday in a letter encouraging lawmakers to raise the country’s debt limit to avoid a default.

The United States and Japan announced on Wednesday a new trade partnership to boost cooperation on labor, environment and digital trade issues, with an emphasis on  “third country concerns,” a reference to China’s state-driven economic policies.

Ride-hailing giant Uber has resumed its ride-sharing service in the United States, a top executive announced Tuesday, offering customers in Miami a feature that was stopped last year because of the Covid-19 pandemic.

The top international banking supervisory authority on Tuesday said lenders should account for climate risks when managing their business, suggesting a list of 18  “principles” to guide banks and national supervisors.

British inflation surged to a 10-year high last month as household energy bills rocketed, according to data on Wednesday that will bolster expectations that the Bank of England will raise interest rates next month.

Whether fuel pump prices fall in 2022 depends on two groups of producers who are struggling to increase oil output in the wake of the pandemic: OPEC and its allies and US shale firms.

European Central Bank President Christine Lagarde said on Monday she would not  “venture” into speculation over interest rate rises in 2023 amid pressure for the bank to define its response to high inflation.

The International Energy Agency (IEA) said Tuesday a reprieve from soaring oil prices may be on the horizon as output increases.

Britain’s unemployment rate has fallen further with the economy reopen following a pandemic lockdown, with vacancies hitting a fresh peak, data showed Tuesday.

The global aviation sector has begun to emerge from the Covid pandemic, its worst-ever crisis, and the  “outlook is starting to brighten”, Airbus CEO Guillaume Faury told journalists Monday.

Energy giant Shell on Monday announced plans to switch headquarters from the Netherlands to the UK and drop Royal Dutch from its name, in a major shakeup that angered the Dutch government.

Sri Lanka shut its only oil refinery Monday after running out of dollars to import crude, in an escalating economic crisis that has triggered shortages of food and other staples.

Russia’s central bank chief warned Monday that record-breaking inflation was a  “real disaster” for the country and urged the government to take action.

Asian equity markets mostly rose Monday to build on a recent run-up following another healthy showing on Wall Street, though inflation concerns continue to dampen the mood.

Thailand’s economy shrank in the third quarter, official data showed Monday, but hopes for a gradual recovery are picking up after the kingdom’s reopening to foreign tourists this month.

Japan’s economy shrank far more than expected in the three months to September, as a surge in virus cases hit spending and supply chain issues hampered business, data showed Monday.

An international agreement to reduce coal use has seen mining share prices fall, but tight supply of the commodity provided a floor for a sector that has chalked up huge gains this year.

China’s economy showed signs of stabilising in October, according to data on Monday, with retail sales and factory output beating expectations as a power supply crisis appeared to ease.

When Kamaran Mohammed travelled with his wife and three children to the Belarus capital Minsk last month from their home in northern Iraq, they went as tourists.