Spain’s postal service ends its skin color-inspired stamp campaign that made the lightest stamps the most expensive

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The government-run postal service earlier this week debuted “Equality Stamps,” a collection of four stamps meant to represent different skin colors. The palest of the stamps cost 90 cents more than the darkest stamp — a price difference meant to reflect the value Spaniards place on people based on their skin color, according to an … Read more

US consumers boosted spending in April as inflation surged

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Americans increased their spending by 0.5% in April, a slowdown after a massive gain in March that had been powered by the distribution of billions of dollars in individual stimulus checks. Even with the pullback from a 4.7% surge in spending in March, the April increase provided further evidence that consumers are driving a strengthening … Read more

Labour-intensive exports lost market share in 2015-19: FIEO

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India’s labour-intensive exports such as leather, garments, gems & jewellery and carpets lost market share globally in the calendar years 2015-19 even as exports of raw material and semi-finished products like metals and chemicals exceeded global imports growth in the five-year period, a study done by the Federation of Indian Export Organisations (FIEO) showed. Global … Read more

Google nears settlement of French antitrust case: Report

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Alphabet Inc’s Google is nearing a settlement of an antitrust investigation in France over allegations it abused its power in online advertising, and will likely pay a fine and institute operational changes, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The French Competition Authority has said that Google’s tool to … Read more

Earthquakes Rattle Lake Tahoe, Carson City and Reno

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At least six earthquakes, including one with a preliminary magnitude of 4.2, shook the Lake Tahoe, Reno and Carson City area on the California-Nevada border early Friday, according to the United States Geological Survey. The strongest one struck near the north end of the lake at Dollar Point, Calif., around 8:30 a.m. Pacific Daylight Time, … Read more

Senate Republicans sink effort to create bipartisan commission into Capitol attack – live

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6.33pm BST18:33 Biden celebrates progress in US fight against coronavirus in Virginia As the Senate voted on the January 6 commission bill, Joe Biden delivered remarks on the country’s fight against coronavirus in Alexandria, Virginia. Appearing alongside Virginia Governor Ralph Northam, the president celebrated the significant progress that the state has made to limit the … Read more

Big Bucks and Savings: Vaccine Incentives Multiply

SOURCES: Axios: “Companies, states up the ante on vaccine incentives.” The Baltimore Sun: “Maryland to offer COVID vaccine lottery incentive with $2 million in cash prizes.” Twitter: @NYGovCuomo, May 26, 2021. CBS News: “Minnesota Governor Tim Waltz announces COVID-19 vaccine incentives.” The Associated Press: “California giving $116 million to people who get virus shots.” … Read more