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Malaysia's government is set to implement a two-tier pricing system for RON95 petrol, targeting the wealthiest 15% to pay market rates. This move aims to save 8 billion ringgit annually while managing inflation concerns. Prime Minister Anwar Ibrahim's administration is balancing fiscal health with public sentiment amid ongoing economic reforms.
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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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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.