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N.Korea fires fourth missile in a week as South flexes military muscle
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N.Korea fires fourth missile in a week as South flexes military muscle

A man watches a television screen showing a news broadcast with file footage of a North Korean missile test, at a railway station in Seoul on September 28, 2022. Jung Yeon-je | AFP | Getty Images North Korea fired two short-range ballistic missiles toward the sea off its east coast on Saturday, hours before South...

Russia accused of ‘kidnapping’ head of Ukraine nuclear plant
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Russia accused of ‘kidnapping’ head of Ukraine nuclear plant

Ukraine’s nuclear power provider accused Russia on Saturday of “kidnapping” the head of Europe’s largest nuclear power plant, a facility now occupied by Russian troops and located in a region of Ukraine that Russian President Vladimir Putin has moved to annex illegally. Russian forces seized the director-general of the Zaporizhzhia Nuclear Power Plant, Ihor Murashov, around 4...

Latest news on Russia and the war in Ukraine
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Latest news on Russia and the war in Ukraine

Satellite imagery spots Nord Stream pipeline leak in the Baltic Sea Satellite imagery from U.S. company Planet captured the disturbed surface of the Baltic Sea following Tuesday’s leak in the Nord Stream gas pipeline. A satellite image of the Nord Stream leak in the Baltic Sea, captured on Sept. 26, 2022. Planet The pipeline rupture...

Mortgage refinancing drops to a 22-year low
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Mortgage refinancing drops to a 22-year low

Mortgage rates drove even higher last week after the Federal Reserve signaled it would continue its aggressive action to cool inflation. That, and rising uncertainty in the overall housing market, caused mortgage application volume to drop 3.7% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. After a...

Bank of England delays bond sales, launches temporary purchase program
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Bank of England delays bond sales, launches temporary purchase program

LONDON — The Bank of England will suspend the planned start of its gilt selling next week and begin temporarily buying long-dated bonds in order to calm the market chaos unleashed by the new government’s so-called mini-budget. Yields on U.K. government bonds, known as “gilts,” were on course for their sharpest monthly rise since at...

The U.S. and Europe are running out of weapons to send to Ukraine
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The U.S. and Europe are running out of weapons to send to Ukraine

Ukrainian servicemen fire an M777 howitzer, Kharkiv Region, northeastern Ukraine. This photo cannot be distributed in the Russian Federation. Vyacheslav Madiyevskyy | Future Publishing | Getty Images In the U.S. weapons industry, the normal production level for artillery rounds for the 155 millimeter howitzer — a long-range heavy artillery weapon currently used on the battlefields...

Fake referendums in Ukraine pave the way for annexation and escalation
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Fake referendums in Ukraine pave the way for annexation and escalation

Election commission members count votes of refugees from Russian-held regions of Ukraine for a referendum at a polling station in Simferopol, Crimea, on Sept. 27, 2022. Stringer | Afp | Getty Images The results from a series of so-called referendums that have taken place in occupied parts of Ukraine —which predictably show a resounding majority...

Bank of England delays bond sales, launches temporary purchase program
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Bank of England delays bond sales, launches temporary purchase program

The central bank said it was monitoring the “significant repricing” of U.K. and global assets in recent days. Bloomberg | Bloomberg | Getty Images LONDON — The Bank of England will suspend the planned start of its gilt selling next week and begin temporarily buying long-dated bonds in order to calm the market chaos unleashed...

IMF gives damning verdict on Britain’s tax cuts
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IMF gives damning verdict on Britain’s tax cuts

The new economic measures laid out by the U.K. government “will likely increase inequality”, according to a spokesperson from the International Monetary Fund. Yuri Gripas | Reuters LONDON — The new economic measures laid out by the U.K. government “will likely increase inequality,” the International Monetary Fund said in a rare statement. While the fiscal...

Bank of England delays bond sales, launches temporary purchase program
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Bank of England delays bond sales, launches temporary purchase program

Andrew Bailey, governor of the Bank of England, has said the global economic outlook has deteriorated materially after surging commodity prices pushed up inflation around the world. Bloomberg | Bloomberg | Getty Images LONDON — The Bank of England will suspend the planned start of its gilt selling next week and begin temporarily buying long-dated...