Erdogan to meet Putin in Russia; America’s labour market cools, and more
This is the world in brief from the Economist.
Our top stories. American employers added 187,000 jobs in August. The unemployment rate ticked
up unexpectedly to 3.8% as people returned to the labour force looking for jobs.
Rage hourly wages rose by 4.3% on an annual basis, a smaller increase than in the previous
month. The subdued figures suggest that America's
resilient labour market is calling and that the Federal Reserve's fight to bring down
inflation is going to plan.
Regeptiap Erdogan, Turkey's president, will meet his Russian counterpart Vladimir Putin
in Sochi, a city in southern Russia on Monday. They are expected to discuss Russia's return
to the UN broker deal, which had allowed Ukraine to export grain by ship across the Black Sea.
Russia withdrew from the deal in July and demanded that restrictions be eased on some
of its own exports.
Taman Shanmoo Granlam, who served as Singapore's deputy prime minister until the start of
his campaign, was elected the country's new president. Mr. Taman, who has long time ties
with the people's action party, 170.4% of the vote. The role is largely ceremonial. A landslide
win is seen as a vote of confidence in the government, despite a recent slew of scandals
involving PAP members. More than 40 people were killed in the Democratic Republic of Congo,
and the Army suppressed a protest against UN peacekeeping troops. The UN has called
for an investigation and warned that the debt toll may be higher. Its mission, one of
the organization's most expensive, has been criticised for failing to protect civilians
from militia violence. Poland closed the biggest centre for Ukrainian refugees, as the numbers
arriving are now, quote, negligible, according to a spokesperson from the province, where
it is located. At its peak, in spring of 2022, the centre in Nadazin, on the outskirts
of Warsaw, the capital, housed 9,000 refugees, the 300 Ukrainians living there now, will
be transferred to other facilities. Typhoon Sala, headed towards China's
southeast coast, the Typhoon, which has recorded wind speeds of 209 km per hour, is expected
to mate Lownfall on late Friday or early Saturday. Around 800,000 people were evacuated from
their homes. Hundreds of flights were cancelled in China's Guangdong province, where the
government issued their highest Typhoon warning, in Hong Kong authorities issued their second
highest storm alert. Britain published revised data, showing that the size of its economy
at the end of 2021 was larger than previously estimated. Final quarter growth stood at 0.6%
compared with the same period in 2019, according to Britain's Office for National Statistics.
It had originally said that the economy shrunk by 1.2%, and your growth for all of 2021
was revised up by 1.1% points to 8.7%. And word of the week, friend-shoring, when a government
pushes businesses to restructure supply chains, shifting production away from geopolitical
rivals to friendlier powers.