Hard Numbers: India cuts gas tax, Tigrayan amnesty, US gets European baby formula, NATO beer

Hard Numbers: India cuts gas tax, Tigrayan amnesty, US gets European baby formula, NATO beer

Gas station worker in Kolkata, India.

Avishek Das / SOPA Images/Sipa U via Reuters Connect

8: India has slashed its excise tax on gasoline by 8 rupees ($0.10) per liter to give consumers some relief from rising prices. PM Narendra Modi is scrambling to get inflation under control ahead of several state elections later this year.


4,208: Tigrayan rebels in Ethiopia plan to release 4,208 prisoners captured in their ongoing war with the federal government. It's a sign of goodwill that comes after the Ethiopian army allowed aid convoys to enter the conflict-affected region.

78,000: On Sunday, a military plane carrying 78,000 pounds of European baby formula arrived in the US to address an acute shortage. America is running out of formula due to the temporary closure of a production plant in Michigan and also because of protectionist US trade policies.

8,000: Finland is so excited about joining NATO that a Finnish brewery has launched a NATO-themed beer, shipping 8,000 cans to local supermarkets. Will Turkey spoil the party?


This comes to you from the Signal newsletter team of GZERO Media. Subscribe for your free daily Signal today.

Hunger Pains: The growing global food crisis | Monday, July 11, 2022 | 2:00 pm ET

GZEROMEDIA

Subscribe to GZERO Media's newsletter: Signal

Sign up for GZERO's newsletter, Signal
Hunger Pains: The growing global food crisis | Monday, July 11, 2022 | 2:00 pm ET

GZEROMEDIA

Subscribe to GZERO Media's newsletter: Signal

Sign up for GZERO's newsletter, Signal