Inflation in the 19 countries that share the euro currency hit 7.5% in April
But the situation is different from the '70s
Countries in the Middle East and Africa face unrest amid rising food, energy costs
The leadership candidate took aim at the central bank's role in rising inflation
The strength of the U.S. economy provides some optimism, PM says
Port activity drops, adding to inflation woes, Fitch says
Grocery prices up 10.8%, steak is “almost out of the question”
Some advisors are looking at GICs, short-term bonds, alternatives and mortgage products for clients
Leading indicators point to stable growth in most countries, but not in Europe
Inflation-targeting policies have been successful until recently