Don winland is our china business and finance editor. He moved to shanghai at the beginning of march, and has ended up in the largest city wide locked down in history. From his window, i have a view of a free way. When i go downstairs for my covet, it's very ghostly. There's nobody on the streets. Often you'll see long lines of people dressed in the white hasmat suits. The health workers cind of strolling along in single file lines. It does look really strange.
Prices in America are rising faster than at any time in the past 40 years. In response, the
Federal Reserve has made its steepest interest-rate hike in 20 years. Will it be enough to tame inflation while not tipping America into recession?
Shanghai’s residents are growing restive after a long lockdown. And
Nelson Mandela’s name and legacy are being used to sell a growing range of consumer goods.