Pound slumps after tepid BoE rate hike
The pound tumbled after the Bank of England raised interest rates by just a quarter of a percentage point despite surging inflation, while oil prices jumped after OPEC+ only modestly hiked production.
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Thousands sick as latest severe sandstorm sweeps across Iraq
One person died in Iraq and more than 5,000 were treated in hospitals Thursday for respiratory ailments due to a sandstorm, the seventh in a month, the health ministry said.
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Lufthansa warns of price rises as tourist demand takes off
German national carrier Lufthansa said Thursday that ticket prices could rise as the cost of energy soars following the Russian invasion of Ukraine.
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Hungary strongman Orban goes for gold in hosting sports events
Hungary's Prime Minister Viktor Orban is an ally of Vladimir Putin and he has taken a leaf out of the Russian president's book in attracting major sporting events to boost his image among his people.
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Moscow says Western aid cannot prevent Russian victory in Ukraine
Russia on Thursday said Western aid to Kyiv had slowed its offensive in Ukraine but would not thwart its victory, as conflicting reports emerged about efforts to rescue civilians from a besieged steel plant in the devastated city of Mariupol.
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Top oil producers agree on modest supply boost amid demand concerns
Saudi Arabia, Russia and other key oil producers agreed on Thursday to another marginal increase in output, bolstered by risks to demand amid coronavirus restrictions in China.
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S.Africa drops masks for children despite Covid surge
South Africa on Thursday ended mask-wearing for school children despite a surge of infections driven by two new Omicron sub-variants of coronavirus.
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Lufthansa optimistic for 2022 as tourist demand bounces back
German national carrier Lufthansa on Thursday said it slashed its losses in the first quarter and set its sights on a record summer for tourist traffic as demand recovers from the pandemic.
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French ballet director joins German company after Russia exit
French ballet star Laurent Hilaire was named director of one of Germany's top dance companies on Thursday, two months after he resigned from Moscow's Stanislavski Theatre over the Russian invasion of Ukraine.
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Another stunning comeback brings Real Madrid's next generation to the fore
Real Madrid added another mind-boggling comeback to the club's long history of magical European nights on Wednesday but the revival against Manchester City may prove to be less about the past and more about the future.
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