Five charts that explain the high cost of living in the UK
UK Prime Minister Andy Burnham is on a nationwide tour to listen to the ‘financial concerns’ of the people.

UK Prime Minister Andy Burnham is on a nationwide tour to listen to the ‘financial concerns’ of the people.




![Japan's Finance Minister Satsuki Katayama speaks to the media about the US-Japan joint forex action upon her arrival at the Finance Ministry in Tokyo. [Issei Kato/Reuters]](/wp-content/uploads/2026/08/2026-08-02T233755Z_609247456_RC2NQMATKU91_RTRMADP_3_JAPAN-YEN-1785717755.jpg?resize=770%2C513&quality=80)




The US must rapidly replenish its stockpiles of weapons as the war on Iran rages on.
Yields on 10-year US Treasury bills, a bellwether for inflation, are up 60 basis points since the start of the Iran war.
US petrol prices reach $4.00 per gallon (3.78 litres), marking the second week of increased costs for consumers.
Mojtaba Khamenei says Trump’s signature is ‘worthless’ and that ‘bullying’ is a core element of US foreign policy.
While the ‘export engine is running very hot’, jobs are lagging, squeezing spending in China.

Trump cites record Wall Street highs as a boom sign, while gains favor the wealthy and costs strain Main Street.
A slowing economy and rising prices are making it harder for young Chinese to thrive in the city.
Inflation eased due to cheaper energy, but experts warn price increases may return after renewed US-Iran tensions.
To prepare, the world needs to focus on building energy independence through renewables and decentralisation.
Why the new US housing bill won’t fix the crisis.