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theguardian.com

The damning truth about the UK’s 2% inflation target: it’s completely made up | Louis-Philippe Rochon (www.theguardian.com)

But let’s focus on the choice of a 2% target. After the high inflation of the late 1970s and early 1980s, when it reached over 20% in the UK, central banks were left scrambling to find some new theoretical model to deal with rising prices. The first central bank to propose an inflation target of 2% was in New Zealand. But...

Son Of top US Hollywood agent in custody after torso found in dumpster (www.theguardian.com)

The 35-year-old son of a Hollywood talent agent whose clients included Dolly Parton, George Clooney and a British prince, has been taken into custody in Los Angeles after a bloody torso authorities say probably belongs to his wife was discovered in a strip-mall dumpster....

Moon rocket blasts off, carrying Russia’s hope of first successful lunar landing since 1976 (www.theguardian.com)

The Luna-25 mission will seek to land near the south pole of the moon, collecting geological samples from the area, and sending back data for signs of water or its building blocks, which could raise the possibility of a future human colony on the moon.

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