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navigating debt, inflation, and productivity challenges
Britain's economy is under incredible strain, more than you might realize. Austerity and two successive and costly crises have left the UK with an enormous debt burden. Compared to other major advanced economies, the UK's national debt…
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elections stir economic fears across Europe
France is experiencing a political earthquake, and the stock market doesn't like it. Investors make dire pronouncements, such as whether the French elections might spark the subsequent euro crisis. The euro, the common currency of the…
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Gaza war sparks surge of independent pro-Palestinian candidates in UK
Shanaz Saddique is one of a surge of pro-Palestinian candidates hoping to mobilise Muslim votes at Britain's July 4 election by tapping into discontent over the two main political parties' positions on the war in Gaza.
Both the ruling…
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Northern Myanmar floods leave thousands trapped
Floods in northern Myanmar have trapped thousands of people in their homes and cut electricity and phone lines, residents and local media said Tuesday, with the state weather office warning of more heavy rain.
After days of heavy rain…
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US bases in Europe on heightened alert due to multiple factors: Pentagon.
WASHINGTON:
US commanders in Europe have placed bases in a higher state of alert due to a "combination of factors," the Pentagon said Monday.
"I won't speak to intelligence matters…but it was due to a combination of factors…
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Distillery in India found employing child laborers in hazardous conditions
An Indian state government's inspection of a Som Group distillery said child labourers, some aged between 13 and 17, were made to fill and pack liquor bottles and worked long hours.
Police are investigating the use of child labour at…
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China dismisses US report on religious freedom claims
China urged the US on Monday to stop using "so-called religious issues" to meddle in its internal affairs, rejecting a report released by Washington last week on religious freedom.
Chinese Foreign Ministry spokesperson Mao Ning, while…
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Australian lawmaker suspended for pro-Palestine stance claims ‘exile’ by ruling party
Australian ruling Labor Party Senator Fatima Payman said Monday that the prime minister's decision to indefinitely suspend her from the party’s caucus had left her in "exile.”
Payman, who faced suspension after supporting a motion in…
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Ukraine eyes debt deal before deadline, seeks to add GDP warrants
LONDON:
Ukraine told investors it still expects to succeed in its unprecedented aim of restructuring debt in the middle of a war before payment moratoriums expire by Aug. 1, according to two sources who joined a call with the Finance…
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North Korea claims successful test of ballistic missile with super-large warhead capability
North Korea said it successfully tested a new tactical ballistic missile on Monday capable of carrying a 4.5-ton super-large warhead, state news agency KCNA reported on Tuesday.A day earlier, South Korea reported the launch of two…
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