Bloomberg Business

Five Key Charts to Watch in Global Commodities This Week

Alcoa Corp. is slated to kick off the commodity world’s earnings season on Wednesday, while climate observers will be keenly watching for any developments as the US’s John Kerry makes a highly-anticipated visit to Beijing to meet with his Chinese counterpart. The two superpowers have a poor track record on emissions. Here are five key charts to consider as the week gets underway.

Nigeria Monthly Inflation Hits Seven-Year High on Food Prices

Nigeria’s monthly inflation rate soared to a seven-year high in June, after President Bola Tinubu scrapped fuel subsidies and allowed the currency to weaken before declaring a state of emergency to control staple food costs.

Putin’s Budget Math Gets Ugly as Election Looms After Mutiny

An aborted armed mutiny by Wagner mercenaries exposed Russia’s porous home front, shook President Vladimir Putin’s authority and resulted in the removal of thousands of seasoned fighters from the battlefields of Ukraine.

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