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Monday, December 09, 2019 {{ new Date().getDay() }}

Chicago (AFP) – A freight train loaded with crude oil derailed in North Dakota Monday, causing an explosion that sent a massive plume of toxic smoke skyward and forced the evacuation of part of a small town.

The accident took place near Casselton, in Cass county, and no injuries were immediately reported, Valley News Live television reported.

Authorities urged some residents in the town to evacuate, the station said.

Authorities also asked everyone living within a 10-mile radius of the accident to remain indoors amid concerns that if winds changed, the smoke could reach homes.

“Information from the National Weather Service indicates a shift in the weather resulting in a high pressure system that will push the plume of smoke down increasing the risk of potential health hazards,” it warned.

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For a long time, inflation has been the phantom of the American economy: often expected but never seen. But the latest Consumer Price Index, which showed that prices rose by five percent from May of last year to May of this year, raises fears that it is breaking down the front door and taking over the guest room.

The price jump was the biggest one-month increase since 2008. It appears to support the warning of former Treasury Secretary Larry Summers, who wrote in February that President Joe Biden's budget binge could "set off inflationary pressures of a kind we have not seen in a generation." Senate Republican leader Mitch McConnell charged last month that the administration has already produced "raging inflation."

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