Free Republic

German inflation hit another post-World-War-II record high, piling pressure on The ECB’s need to exit from crisis-era stimulus after numbers from Spain also printed hotter than expected.Driven by soaring energy and food costs, this morning’s data showed consumer prices in Europe’s largest economy surged 8.7% YoY – far hotter than the +8.1% expected (thge highest since the start of the monthly statistics in 1963). As Bloomberg reports, the report comes just 10 days before a crucial ECB meeting where officials are set to announce the conclusion of large-scale asset purchases and confirm plans to raise interest rates in July for...

A 60-year old Saudi man has agreed to postpone his marriage to a 10-year old girl after protests from a human rights group. The elderly man decided to take a second wife in a challenge with the girl’s father, who said he was afraid of his first wife and dared him to take a second one. But the man agreed to postpone his marriage after the Saudi National Human Rights Association sent a letter to the Emir of Hail, a city in northwestern Saudi Arabia, AlArabiya.net reported on Sunday, citing Saudi newspaper Al-Madina. The report did not say for how...