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With Republicans securing control of Congress, President-elect Donald Trump is poised to push for significant tax cuts, including extending the 2017 tax cuts. This legislative agenda aims to reshape fiscal policy and could add trillions to the national debt over the next decade.
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A recent report highlights the significant carbon emissions generated by everyday digital activities, such as sending emails and using social media. As global emissions rise, the tech industry's reliance on fossil fuels raises concerns about its environmental impact. Companies are urged to adopt energy-efficient practices to mitigate their carbon footprints.
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The latest job market data shows stalled hiring in October, complicating the Federal Reserve's decision-making on interest rates. With the unemployment rate steady at 4.1%, officials are expected to cut rates by 25 basis points next week, but future cuts remain uncertain amid economic resilience.
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Severe flooding in Spain's Valencia region has resulted in over 200 deaths and widespread destruction. Torrential rains, attributed to climate change, have overwhelmed infrastructure, prompting urgent calls for improved flood preparedness and response measures. The situation has raised alarms about the increasing frequency and intensity of such weather events in the region.
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In the recent U.S. presidential election, Donald Trump defeated Kamala Harris, largely due to voter dissatisfaction with the economy. Despite improvements in job growth and inflation rates, many Americans felt economic hardship, leading to Trump's victory as he effectively communicated his economic agenda.
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Elon Musk's extensive support for Donald Trump, including over $130 million in campaign contributions, positions him for significant influence in a potential second Trump administration. Trump's victory in the recent election solidifies Musk's role in shaping federal policies that could benefit his business interests.
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Indonesian President Prabowo Subianto is on a diplomatic tour, having met with Chinese President Xi Jinping and seeking to establish a relationship with US President Donald Trump. His outreach aims to bolster Indonesia's global presence while navigating rising tensions between the US and China.
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At the COP29 climate talks in Baku, US climate envoy John Podesta emphasized that the fight against climate change will persist despite Donald Trump's re-election. Trump aims to reverse Biden's climate policies, raising concerns about future emissions and international cooperation on climate action.
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At COP29 in Azerbaijan, UK Energy Secretary Ed Miliband asserts that the transition to renewable energy is unstoppable, despite challenges posed by Donald Trump's re-election. The summit is marked by cancellations from key leaders and concerns over US climate policy, as nations seek to secure climate finance for developing countries.
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The recent U.S. election of Donald Trump, who plans to withdraw from the Paris Agreement, raises concerns about global climate negotiations. Argentina's President Javier Milei is also contemplating leaving the accord, further complicating international climate efforts at COP29 in Baku, Azerbaijan.
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Before the coronavirus pandemic, Lorraine Black and Ricky Gillis started filing paperwork to get their rural home in Navajo Nation connected to the electric grid.