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Asia Tightens Airport Screening as Nipah Virus Concerns Rise

  Airport health authorities wearing protective masks monitor passengers from international flights arriving at Suvarnabhumi International Airport in Bangkok, Thailand, amid reports of a Nipah outbreak. Airports across Asia are stepping up health surveillance as several countries respond to renewed concerns over the Nipah virus following confirmed cases in India. The virus, known for its high fatality rate and potential for human‑to‑human transmission, has prompted authorities to reintroduce precautionary screening measures to limit cross‑border spread. Health officials in Thailand, Singapore, Malaysia, Hong Kong, Nepal, and Taiwan have implemented temperature checks, health declarations, and targeted monitoring of passengers arriving from affected regions. While the number of confirmed cases remains limited, the severity of the virus has led governments to act swiftly. Nipah virus infections are rare but dangerous, with symptoms ranging from fever and headaches to severe respir...
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Inflation Eases in May as Consumer Prices Rise at Slower Pace

 

A closely-watched report on U.S. inflation showed consumer prices cooled during the month of May, according to the latest data from the Bureau of Labor Statistics released Wednesday morning. Here are the key points:

  1. Consumer Price Index (CPI) Trends:

    • The CPI remained flat over the previous month.
    • Prices rose 3.3% over the prior year in May, which is a deceleration from April’s 0.3% month-over-month increase and 3.4% annual gain in prices.
    • Both measures beat economist expectations.

  2. Factors Contributing to the Slowdown:

    • A decline in energy prices, led by a drop in gas prices, contributed to further downward pressure on headline CPI.
    • On a “core” basis (excluding volatile food and gas costs), prices in May climbed 0.2% over the prior month and 3.4% over last year — cooler than April’s data.
    • Again, both core measures exceeded economist estimates.

  3. Federal Reserve Implications:

    • The inflation report arrives just ahead of the central bank’s policy decision at 2 p.m. ET.
    • Investors are closely watching this data point to shape future Federal Reserve interest rate policy.

In summary, while inflation remains a concern, the May data suggests a moderation in price increases. The Federal Reserve’s response will be crucial in navigating the economic landscape.


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