News 160721

 Wall Street Journal

- Many jobs lost in pandemic to be eliminated permanently - Inflation: predicted to be above 2% - US consumer prices in June accelerate at the fastest pace (5.4% in June from 2020) in 13 years as the recovery from the pandemic gained steam - US and G7 want to invest more in needier countries to shun China infrastructure offerings. + In March, the US invest in Mahima Datla pharmaceutical (India) to produce 100m doses of J&J one-shot vaccine/month, to alternative to Beijing's vaccine diplomacy.