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Moscow (AFP) – Russian opposition leader Boris Nemtsov was shot dead in central Moscow overnight Friday, an interior ministry spokesman told AFP.

“In central Moscow, a man with documents in the name of Boris Yefimovich Nemtsov was killed,” an interior ministry spokesman told AFP, declining to give further details.

Moscow police confirmed the killing.

This story will be updated.

Photo: Russian opposition leader Boris Nemtsov, pictured in Moscow on December 5, 2012, was shot dead in central Moscow overnight, an interior ministry spokesman said (AFP/Natalia Kolesnikova)

 

 

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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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