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US jobless claims climb again, near highest since November | Unemployment News
The Labor Department said that initial claims for state unemployment increased by 6,000 to 260,000 in the week ending on July 30 – hovering near an eight-month high. The number of Americans filing new claims for unemployment insurance rose slightly last week, suggesting some easing in a historically tight labour market. Initial claims for state […]
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Putin says West cannot isolate Russia or send it back in time | Russia-Ukraine war News
Russian leader says it is impossible to cut Moscow off from the world, as EU says sanctions against Russia are working. Russian President Vladimir Putin says it is impossible to cut Russia off from the rest of the world, and that sanctions imposed by Western countries will not turn the clock back on Russia’s development. […]
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As Adani steps up mining, villagers to be displaced third time | Business and Economy News
Sambalpur, India – Nityananda Deep has worried about losing his home for the third time in his life ever since his mud house was marked for demolition by mining officials, about a year ago. The 80-year-old is a resident of remote Behermunda Hamlet in Sambalpur district in the southern Indian state of Odisha, about four […]
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China’s economy showed recovery sparks in May but consumers wary | Business and Economy News
China’s economy showed signs of recovery in May after slumping in the prior month, as industrial production rose unexpectedly. But consumption was still weak, underlining the challenge for policymakers amid the persistent drag from strict COVID curbs. The data, however, provides a path to revitalise growth in the world’s second-biggest economy after businesses and consumers […]
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Indian economic growth at one year low on inflation, Ukraine war | Business and Economy News
The economy’s near-term prospects have darkened due to spike in retail inflation, which hit an eight-year high in April. India’s economic growth slowed to the lowest in a year in the first three months of 2022, hit by weakening consumer demand amid soaring prices that could make the central bank’s task of taming inflation without […]
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A bit rich? Billionaires’ climate efforts draw scepticism, praise | Coronavirus pandemic
Australia’s second-richest person, mining magnate Andrew “Twiggy” Forrest, is known to his admirers as a down-to-earth, straight-shooting businessman cut from the same cloth as self-made billionaires Jeff Bezos and Bill Gates. And like his contemporaries in the United States, Forrest, the chairman of Fortescue Metals, the world’s fourth-largest iron ore producer, has taken on a leading role […]
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What Russia’s advance in east Ukraine means for food security | Russia-Ukraine war News
Cutting Ukraine off from its most fertile land and main export hub will have long-term repercussions on global food exports, analysts say. Russia’s invasion of Ukraine has sent food commodity prices soaring in March to the highest levels ever recorded, bringing to the forefront the global implications of its military offensive on the former breadbasket […]
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All-private astronaut team lifts into space in landmark launch | Space News
SpaceX’s flight is its first to take private citizens to the ISS after two years of carrying astronauts there for NASA. A SpaceX rocket ship blasted off carrying the first all-private astronaut team ever launched to the International Space Station (ISS), a flight hailed by industry executives and NASA as a milestone in the commercialisation […]
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Brazil’s central bank workers strike as chief vacations in Miami | Banks News
Brazil’s central bank employees voted on Monday for an indefinite strike starting on April 1 due to unanswered wage increase demands. Brazil’s central bank employees began an indefinite strike for a wage increase on Friday, threatening the stability of the wildly popular Pix instant payment system and other data releases. With double digit inflation in Brazil, public […]