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Business confidence in the UK fell to its lowest level on record in September, driven by rising labour and energy costs. Bank of England policymakers debate interest rate policies amid concerns over persistent inflation, with some suggesting further rate cuts are possible despite inflation risks.
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Russia’s use of a clandestine fleet of ageing tankers, linked to its sanctions-busting efforts, is intensifying tensions in Europe. France detained a Russian-linked tanker, Boracay, amid concerns over sanctions evasion and drone activity. Russia and China deny involvement, while European leaders push for stronger sanctions and maritime enforcement.
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The US is weighing extensive export restrictions on technology to China, including software and engines, in response to China's threat to restrict rare-earth exports. The move aligns with previous measures against Russia and involves coordination with G7 allies. The decision reflects escalating tech tensions between the US and China.
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Fighting in Sudan since April 2023 has displaced nearly 12 million people, with recent territorial gains by RSF forces and ongoing violence hindering aid efforts. UN officials report severe shortages of supplies, increased civilian suffering, and limited access for humanitarian workers amid escalating conflict.
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Settler violence in the West Bank has intensified, targeting mosques and Palestinian property. Recent attacks include vandalism, arson, and graffiti, with Israeli officials condemning the violence. The incidents coincide with broader regional tensions and international concern over stability and security in the area.
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Multiple sources report a US-backed 28-point peace plan for Ukraine, involving territorial concessions, military reductions, and neutrality. The plan, drawn up with Russian consultation, faces Ukrainian resistance amid ongoing Russian missile strikes and diplomatic tensions. The proposal reflects Russia's maximalist demands, with uncertain Ukrainian approval, as fighting continues.