Top Thai officials welcomed hundreds of Chinese tourists at Bangkok's international airport on Monday, the first day of a new visa-free entry program that officials say will boost the country's tourism industry that was badly damaged by the coronavirus pandemic.
The head of the European Central Bank said Monday that interest rates will stay high enough to restrict business activity for "as long as necessary" to beat back inflation because upward pressure on prices "remains strong" in the 20 countries that use the euro currency.
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