Euro zone inflation hits yet another record high after big jump

Euro zone inflation rose to another record high in July and its peak could still be months away, keeping pressure on the European Central Bank to opt for another big interest rate increase in September.
Argentina’s economy rebounds strongly in third quarter

Argentina’s economy expanded 11.9% on a year-on-year basis in the third quarter of 2021, the country’s statistics agency said on Thursday, in line with expectations of a sharp rebound from the 10.2% contractionin the same period last year.