UK inflation hits fresh 40-year high in cost-of-living crisis
British annual inflation has hit a fresh 40-year high, official data showed Wednesday, further eroding workers' wages in a cost-of-living crisis, and heaping more pressuring the Bank of England to keep raising interest rates.
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US Fed chair admits recession a 'possibility' after rate hikes
The US economy remains strong but a series of aggressive rate hikes meant to cool soaring inflation could eventually trigger a recession, Federal Reserve Chair Jerome Powell cautioned Wednesday.
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US wants to ban Juul vaping products: report
US health authorities are expected to order Juul Labs to stop selling e-cigarettes in the world's biggest economy, the Wall Street Journal reported Wednesday.
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World Cup officials target 'price-gouging' as 1.2m tickets sold
The Qatar World Cup's chief organiser announced "record-breaking" demand on Wednesday with 1.2 million tickets sold, but admitted it was hard to stop businesses taking advantage by raising prices.
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Biden seeks fuel tax suspension to help fight inflation pain
Joe Biden pitched a temporary fuel tax break Wednesday to help American drivers face the highest inflation in four decades, but critics called it attempted window dressing by an unpopular US president ahead of difficult midterm elections.
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French minister investigated after rape allegations
French prosecutors said on Wednesday they were investigating a junior minister in President Emmanuel Macron's government after two allegations of rape were brought against her.
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Saudi prince visits Turkey for talks clouded by Khashoggi murder
Saudi Arabia's de facto ruler took a big step out of international isolation Wednesday, paying his first visit to Sunni rival Turkey since the 2018 murder of journalist Jamal Khashoggi in the kingdom's Istanbul consulate.
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Macron to address France over political impasse
President Emmanuel Macron was to address France on Wednesday over the crisis created by his failure to retain a parliamentary majority, with no solution in sight to an impasse that jeopardises his reform plans.
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Stokes urges England to stay 'fearless' in New Zealand finale
England captain Ben Stokes has urged his side not to let up as they seek a series clean sweep against world Test champions New Zealand at Headingley.
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'Legend' Roach heads unchanged West Indies attack against Bangladesh
West Indies' lead selector Desmond Haynes described Kemar Roach as a "legend" as the fast bowler was named in an unchanged squad on Wednesday to take on Bangladesh in the second Test which starts in Saint Lucia on Friday.
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