Inflation is at its highest level in decades in many parts of the world. In the US, consumer prices were 8.3 percent higher in April than a year earlier. In the eurozone, they rose by around 7.5 percent. Energy prices have been driving the surge, with Russia's war in Ukraine further fuelling the trend. But higher inflation tends to have a bigger impact on low-income households. Xavier Jaravel from the London School of Economics discusses this and more with FRANCE 24's Kate Moody.
Also in the programme:
- It may be "the most magical place on Earth", but Disney World is on the verge of losing its special tax status in Florida. We look into what that means.
- And as many French households and businesses are rushing to install solar panels, we look at the cost and benefits of the new energy trend.
