Good morning. We’re covering U.S. inflation’s rapid climb and Europe’s efforts to prevent an energy shortage. |
| Karl Russell |
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U.S. inflation keeps soaring |
Overall inflation climbed 8.2 percent in the year through September, more than some economists expected, and prices increased 6.6 percent after stripping out fuel and food, the so-called core index. That is a new high for the core index this year, and the fastest pace of annual increase since 1982. |
Fed officials are closely watching the monthly numbers, which give a clearer snapshot of how prices are evolving in real time. They offered more reasons to worry: Overall inflation climbed 0.4 percent in September, much more than last month’s 0.1 percent reading, and the core index climbed 0.6 percent, matching a big increase in the prior month. |
Takeaways: The disappointing inflation data is most likely bad news for Democrats ahead of the midterm elections. |
What’s next: A sixth round of rate hikes from the Federal Reserve this year looks likely. Central bankers have signaled that they will consider an increase of up to three-quarters of a point at their next meeting in November. |
| Eckardt Heukamp’s farm is the last in Lützerath.Ingmar Nolting for The New York Times |
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Scrounging for energy in Europe |
Lützerath sits next to a coal mine and atop a large coal deposit, which the German government hopes to mine to make up for a looming shortage of cheap Russian gas, which Germany normally relies on for heat in the winter. |
Germany has pledged to wean itself off coal by 2030. Germans have traditionally been supportive of clean energy, and energy experts suggest that Lützerath’s coal is not necessary. But there has been little public backlash to destroying the village, and many Germans seem to have accepted that coal will be an important part of their near-term energy future. |
In Moscow, Russia’s president Vladimir Putin offered to export more gas to Europe via Turkey, potentially turning the country into a regional supply hub and solidifying Russia’s hold over Europe’s energy markets. |
| A semiconductor factory in Nantong, China.Agence France-Presse — Getty Images |
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The U.S. push to hinder China’s technological development |
The Biden administration wants to limit the Chinese military’s rapid technological development by choking off China’s access to advanced chips. |
China has been using supercomputing and artificial intelligence to develop stealth and hypersonic weapons systems, and to try to crack the U.S. government’s most encrypted messaging, according to intelligence reports. Last week, the administration unveiled what appear to be the most stringent U.S. government controls on technology exports to China in a decade, technology experts said. |
In dozens of interviews with officials and industry executives, my colleagues Ana Swanson and Edward Wong detailed how this policy came together. The administration spent months trying to convince allies like the Dutch, Japanese, South Korean, Israeli and British governments to announce restrictions alongside the U.S. But some of those governments feared retaliation from China, one of the world’s largest technology markets. Eventually, the Biden administration decided to act alone. |
Details: U.S. officials described the decision to push ahead with export controls as a show of leadership. They said some allies wanted to impose similar measures but were wary of antagonizing China; the rules from Washington that target foreign companies did the hard work for them. |
What’s next: The controls could be the beginning of a broad assault by the U.S. government. “This marks a serious evolution in the administration’s thinking,” said Matthew Pottinger, a deputy national security adviser in the Trump administration. |
| Students wearing hijabs were denied entry into Mahatma Gandhi Memorial College in Udupi, India, in February.Aijaz Rahi/Associated Press |
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- An Indian Supreme Court panel was divided over a state’s ban on hijabs in schools, leaving it in place for now, Reuters reports.
- Keith Bradsher, The Times’s Beijing bureau chief, discusses what China’s struggle with Covid means before its important Communist Party congress.
- North Korea said it practiced firing two long-range cruise missiles on Wednesday that could be used as nuclear weapons, Reuters reports.
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| A conservation biologist in Mérida State, Venezuela, in April. Miguel Zambrano/Agence France-Presse — Getty Images |
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| An erect-crested penguin colony on Antipodes Island has been observed by a research team since 1998.Tui De Roy/NPL/Minden Pictures |
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Erect-crested penguins that inhabit the harsh Antipodes Islands in the South Pacific have a strange parenting move — laying an egg that’s doomed to die. Researchers don’t know why. |
Andy Detwiler lost his arms as a child and learned how to use his feet to drive a tractor, feed animals and custom-build farm equipment. He ran 300-acres of farmland and became a YouTube star. |
Saving food, and the climate |
A lot of it doesn’t need to be there: Thirty-one percent of food that is grown, shipped or sold is wasted. To slow global warming and feed people, governments and entrepreneurs are coming up with different ways to waste less food, writes my colleague Somini Sengupta. |
In California, grocery stores must donate food that’s edible but would otherwise be trashed; supermarket chains in Britain have done away with expiration dates on produce; and in South Korea, a campaign to end food waste in landfills has been underway for nearly 20 years. |
Food waste in South Korea declined from nearly 3,400 tons a day in 2010 to around 2,800 tons a day in 2019. In the latest experiment, the government has rolled out trash bins equipped with radio-frequency identification sensors that weigh exactly how much food waste each household tosses each month. |
| Romulo Yanes for The New York Times. Food Stylist: Vivian Lui. |
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George Saunders’s new short-story collection “Liberation Day” is littered with characters who are merely waiting for the final crashing down of the system. |
That’s it for this week’s morning briefings. Have a great weekend. — Dan |
P.S. “We Were Three,” a new podcast from The Times and Serial Productions, is an intimate look at a family in the aftermath of the pandemic. |
The latest episode of “The Daily” is an update on N, an Afghan teenager who escaped an arranged marriage to a Taliban member. |
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