inflation risks comes amid sharp criticism by Republican lawmakers of President Joe Biden’s multi-trillion-dollar plans to boost spending on infrastructure, child care, community college tuition and expanded coverage of home care for the elderly and disabled.

‘The exciting changes we’re making to one of Disney’s most popular classic attractions, Jungle Cruise, reflect our commitment to creating unparalleled experiences that reflect, not only the best in storytelling, but also the values and rich diversity of our world,’ he said.  

The IMF said the global economic outlook remained uncertain given questions about the evolution of the pandemic and progress on vaccinations, as well as the possibility that the pickup in inflation would prove “more persistent” than expected.

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Sir Richard Branson has thanked Elon Musk for being ‘typically supportive’ as the Virgin Galactic boss counts down the hours to becoming the world’s first billionaire to blast into space on Sunday’s historic flight. 

‘This is not a re-envisioning of the entire attraction. It´s the Jungle Cruise you know and love, with the skippers still leading the way, and at the same time, we’re addressing the negative depictions of ‘natives,’ Chris Beatty, an executive with Walt Disney Imagineering said in an interview.

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We want to make sure everybody has the best time – that guests from all over the world can connect with the stories we share and that how we bring those to life are respectful of the diverse world we live in.’

The Jungle Cruise ride at Disney’s theme parks has long been criticized as racist but this January the company announced that it would give the ride a makeover to remove what the company called ‘negative depictions’ of some cultures.

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Higher U.S.
interest rates, in turn, could lead to a sharp tightening of global financial conditions and significant capital outflows from emerging and developing economies, IMF Managing Director Kristalina Georgieva said in a blog published Wednesday with the IMF’s surveillance note for G20 countries.

WASHINGTON, July 7 (Reuters) – The International Monetary Fund on Wednesday said further fiscal support in the United States could fuel inflationary pressures and warned that the risk of a sustained rise in prices could require raising interest rates earlier-than-expected.