At least 8 dead in train-bus collision in Bangkok

A freight train and a bus collided in Bangkok, Thailand, on Saturday afternoon, killing at least eight people, local media reported.

At around 15:40, a train collided with a bus at a railway crossing in Ratchathewi District, triggering a fire accompanied by an explosion. Several other cars and motorcycles were also involved.

More than 20 people were injured, according to the Thai transport ministry, as rescuers rushed to the scene to put out the fire and carry out rescue operations.

Deputy Minister of Transport Siripong Angkasakulkiat said in an interview with Thai media that the bus had stopped at the railway crossing due to a red light, preventing the railway barrier from lowering. The freight train was too heavy to brake in time, leading to the collision.

At least 8 dead in train-bus collision in Bangkok

The U.S. consumer price index (CPI), a main gauge of inflation, is expected to surge to 6 percent in the second quarter this year, according to a survey released Friday by the U.S. Federal Reserve Bank of Philadelphia.

In the quarterly survey called "the Survey of Professional Forecasters," forecasters expected that current-quarter headline CPI inflation would average 6 percent at an annual rate, up from their prediction of 2.7 percent in the previous survey.

The forecasters also predicted that the recent surge in inflation is likely to continue to intensify in the coming months.

U.S. CPI projected to hit 6 pct in Q2