In India, on the macro side, there is the story of monetary tightening to fight inflation.
For more than two decades, central banks' main task was to fight inflation.
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This could further exacerbate food costs and force emerging-market central bankers to fight inflation by allowing their currencies to rise.
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The government has opted to let its currency, the real, appreciate further in an attempt to fight inflation from another angle.
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But many of today's central bankers, brought up to believe that their job is to fight inflation, seem to be underplaying the risk.
The Argentine government has put a temporary price freeze on all products sold in the country's main supermarket chains to try to fight inflation.
However, word that the Chinese were increasing reserve requirements on banks again in order to fight inflation and property prices, has put a damper on the mood.
This action by the Fed is the complete inverse to thirty years ago when Paul Volcker was fighting a different battle and swore to fight inflation, which was then the time to buy bonds.
Adriano Pires, director of the Brazilian Center for Infrastructure, a Rio de Janeiro based business management consultancy, said Brasilia should think twice about using Petrobras as a policy tool to fight inflation, among other things.
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It would hasten the reorientation of China's economy from exports to consumer spending, give its central bank more freedom to fight inflation, and divert demand to depressed Europe and America, catalysing an essential rebalancing of the global economy.
Therefore, it s imperative for the Fed to act now, before it is forced to aggressively raise rates to fight inflation or the market forces interest rates higher on its own, which, given our extreme level of debt, will render the U.S. insolvent.
The central bank has steadily raised short-term interest rates over the past year and a half to fight off inflation.
Amazon has its own battles to fight against inflation in book reviews.
The Open Markets Committee will have to make a horrific choice: fight inflation by tightening policy into a weakening economy, or fight recession by allowing inflation to burn out of control.
Behind the scenes we should encourage Iraq to adopt a currency board to fight potentially destructive inflation.
If the Fed delays too long, it will be forced to hike interest rates much more to fight that insidious inflation.
Meanwhile, as global central banks raise interest rates and tighten monetary policies to fight the rising inflation, slowing their economic growth, their stock markets have been in serious corrections.
Last May, Petrobras agreed to lower gasoline prices by 6% to help the country fight inflation.
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The weather promises to prolong the inflation fight into the third quarter, expects Hugh Simon, a fund manager at Hamon Asset Management in Hong Kong.
Media in India are discussing police violence against women, the announcement of a low-cost vaccine to fight diarrhoea, a drop in inflation and Bollywood's presence at the Cannes Film Festival.
For now, this leaves unresolved the market debate over whether the U.S. will encourage dollar weakness and inflation in an effort to fight the trade deficit.
So long as global consumer-price inflation is low, estimates of spare capacity are high and central banks are willing to "look through" short-term inflation spikes, every country has access to the chief weapon needed to fight the war ultraloose domestic monetary policy.
Last July, however, the ruling Politburo switched gears, dropping the fight against inflation and starting a campaign to stimulate growth.
Larayedh vowed to protect against excessive inflation, develop the economy, fight crime and boost development.
Thatcher also immediately began to slash income tax rates, rein in galloping spending and fight inflation.
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China is not winning its inflation fight and that could mean a return to monetary tightening in the months ahead.
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One concern is that by playing up the fight against recession, the ECB could appear to have lost sight of inflation.
Global Times also notes that the government has been heavily under fire over inflation, pollution, food safety and other issues and must fight to win back public support.
Companies and entrepreneurs have turned to this underground sector, with Chinese banks tightening lending as part of the government's fight against inflation.
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