The approval rating of US President Joe Biden has been dropping according to an ABC/ Ipos poll.

It's the second minimum wage hike in 2014 in Venezuela, where inflation hit 56 percent in 2013.

A new report finds that Argentineans are deeply concerned about the country's economic state.

Days after the Venezuela Central Bank announced that inflation in the past year had climbed to 54 percent, Maduro said that five locations at a major appliance chain, Daka, were having their merchandise confiscated to be resold at a "fair price".

The fall in the value of the yen is partially attributable to Prime Minister Shinzo Abe's inflationary policies.

Putting the European Central Bank in charge of banking supervision in Europe risks compromising the ECB's primary goal of price stability, governing council member Jens Weidmann said.

Consumer prices were flat in July for a second straight month and the year-over-year increase was the smallest in more than 1-1/2 years, giving the Federal Reserve room to ease policy further to tackle high unemployment.