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The UK economy grew by only 0.1% in the third quarter of 2024, significantly below expectations. This disappointing figure follows Labour's election victory, raising concerns about the government's ability to stimulate growth amid rising taxes and uncertainty in business investment. The economy contracted by 0.1% in September, indicating a slowdown.
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Chancellor Olaf Scholz's coalition government has collapsed, leading to a snap election scheduled for February 23, 2025. The political upheaval follows Scholz's dismissal of Finance Minister Christian Lindner, resulting in a loss of parliamentary majority. The upcoming election will focus on Germany's struggling economy and rising far-right sentiment.
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Following Donald Trump's election victory, Ukraine faces uncertainty regarding U.S. military aid. Ukrainian leaders express hope for continued support, while concerns grow over Trump's past criticisms of aid to Kyiv. The Kremlin remains focused on its objectives in Ukraine, indicating a challenging period ahead for Ukrainian defense efforts.
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Chancellor Olaf Scholz's coalition government has collapsed, prompting early elections in Germany on February 23, 2025. Scholz has called for bipartisan support to stabilize the political landscape, while opposition leader Friedrich Merz leads in polls, advocating for a shift in policy direction amid economic challenges.
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Ukrainian President Volodymyr Zelenskiy is under pressure from allies to negotiate an end to the war with Russia, especially with Donald Trump’s return to the White House. Recent diplomatic efforts, including a call between German Chancellor Olaf Scholz and Vladimir Putin, signal a shift towards potential peace talks.
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Germany's Chancellor Olaf Scholz has called for an early election on February 23, 2025, following the collapse of his coalition government. This decision comes amid economic uncertainty exacerbated by Donald Trump's election, raising concerns about trade policies and potential tariffs that could impact Germany's economy.
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Defense Minister Boris Pistorius announced he will not run for chancellor, endorsing Olaf Scholz as the right candidate. This decision comes amid public doubts about Scholz's leadership and a backdrop of party infighting, as the Social Democrats prepare for elections on February 23, 2025.