Reuters

LIMA (Reuters) - Peru's monthly inflation rate slowed for the second month in a row May to 0.09%, bringing annual inflation down to its lowest level in three years, according to data published on Saturday by national statistics agency INEI.

On a yearly basis, prices in May slowed to 2%, within the central bank's target range and below the annual rate recorded a month prior as the country shakes off the effects of the COVID pandemic and other shocks.

FRANKFURT (Reuters) - Safety and quality problems exposed at Boeing following a door plug blowout earlier this year risk shaking travellers' confidence in flying, a top executive at rival Airbus said.

Christian Scherer, CEO of Airbus' Commercial Aircraft business, told German weekly magazine WirtschaftsWoche that the issues were "a burden for the entire industry".

"Boeing's problems could cause more people to question how safe flying... (continue reading...)

By Nelson Renteria

SAN SALVADOR (Reuters) - El Salvador's President Nayib Bukele is set to be inaugurated for a second term on Saturday, as his sky-high approval rating for a fierce crackdown on crime faces fresh challenges to rejuvenate a stagnant economy and tackle poverty in the Central American country.

The 42-year-old former nightclub manager, reelected in a landslide victory with more than 80% of the vote in February, will be sworn... (continue reading...)

By Boldizsar Gyori

BUDAPEST (Reuters) - Tens of thousands of Hungarians marched through downtown Budapest on Saturday in support of nationalist Prime Minister Viktor Orban, who faces an unexpected challenge from a political newcomer ahead of next week's European Parliament election.

Orban, in power since 2010, hopes his Fidesz party, which is not affiliated with any grouping in the European Parliament (EP), will benefit from a rise in... (continue reading...)

NEW DELHI (Reuters) - Indian Prime Minister Narendra Modi's Bharatiya Janata Party-led alliance is projected to win a majority in the general election that concluded on Saturday, an exit poll summary by the NDTV news channel said.

The summary of two exit polls projected the ruling National Democratic Alliance (NDA) could win more than 350 seats in the 543-member lower house of parliament, where 272 is needed for a simple majority.

The... (continue reading...)