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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.
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North Korean troops have reportedly engaged in combat alongside Russian forces in Ukraine's Kursk region, marking a significant escalation in the ongoing conflict. Ukrainian President Zelensky has called for increased support from allies as the situation intensifies, with concerns about the implications for global security.
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On October 26, 2024, G7 finance ministers pledged to enhance efforts to prevent Russia from evading sanctions related to its oil exports. This follows ongoing violations of the oil price cap, particularly by countries like China. The G7 aims to increase costs for Russia's shadow fleet operations and tighten financial sanctions.
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Prime Minister Keir Starmer announced that England's bus fare cap will increase from £2 to £3 starting January 2025. This decision comes as part of the upcoming budget aimed at addressing a £22 billion funding shortfall, despite concerns from local leaders about the impact on rural communities reliant on affordable transport.
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The UK's Competition and Markets Authority (CMA) has provisionally cleared the Vodafone and Three merger, contingent on an £11 billion investment in network upgrades and price protections for consumers. This marks a significant shift from earlier concerns about competition and pricing.
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Ukrainian forces have reportedly engaged North Korean troops in the Kursk region, marking a significant escalation in the ongoing conflict. Ukrainian officials claim around 11,000 North Korean soldiers are present in Russia, raising concerns about the implications for regional stability and international relations.
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Following Donald Trump's election victory, fears are mounting over potential tariffs that could disrupt global trade, particularly affecting Europe and American farmers. Analysts warn that renewed trade tensions may exacerbate existing economic challenges in these regions, with significant implications for various industries.
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The U.S. confirms over 10,000 North Korean soldiers are fighting alongside Russian forces in Ukraine's Kursk region. This marks a significant escalation in the conflict, with concerns about the integration of North Korean troops and the implications for U.S. support for Ukraine following Donald Trump's election victory.
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Ollolai, a small town in Sardinia, is promoting homes for just one euro to attract Americans seeking a lifestyle change post-election. The initiative aims to revitalize the village, which has faced population decline. The town's mayor emphasizes a fast-track process for American applicants, hoping to rejuvenate the community.
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As mass protests loom against the government's inheritance tax changes, Prime Minister Sir Keir Starmer is set to defend his Budget in a speech in Wales. Farmers are preparing for a week-long strike, while Chancellor Rachel Reeves aims to reassure the business community with plans for financial reforms.
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As the Ukraine conflict nears its third anniversary, President-elect Donald Trump’s potential influence raises concerns over U.S. support for Kyiv. Recent developments include a controversial call between German Chancellor Olaf Scholz and Vladimir Putin, amid ongoing Russian advances in eastern Ukraine and Ukraine's struggle for military aid.
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The U.S. has authorized Ukraine to use longer-range missiles against Russian targets, coinciding with Russia's new nuclear doctrine. This escalation raises concerns about potential nuclear responses as both nations prepare for intensified conflict amid political changes in the U.S.