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Iran’s Khamenei vows revenge after deadly attack on Shi’ite pilgrims
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Iran’s Khamenei vows revenge after deadly attack on Shi’ite pilgrims

DUBAI, Oct 27 (Reuters) – Iran’s supreme Leader vowed on Thursday to retaliate against those threatening the country’s security after the massacre of Shi’ite pilgrims, an assault claimed by Islamic State which threatens to inflame tensions amid widespread anti-government protests. In a statement read on state TV, Ayatollah Ali Khamenei said the assailants “will surely...

Investors punish Zuckerberg as costly metaverse pitch falls flat
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Investors punish Zuckerberg as costly metaverse pitch falls flat

Oct 26 (Reuters) – Wall Street is losing patience over Meta (META.O) boss Mark Zuckerberg’s enormous and experimental bets on his metaverse project that helped drive up the company’s overall costs by a fifth in the third quarter. Investors rushed to dump Meta Platforms Inc’s stock after hours, pushing it down 20% and wiping $67...

Russia notifies U.S. it will carry out expected nuclear drills
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Russia notifies U.S. it will carry out expected nuclear drills

WASHINGTON, Oct 25 (Reuters) – Russia has notified the United States about its plans to carry out annual exercises of its nuclear forces, the U.S. government said on Tuesday, a move that Washington said lowers the risk of miscalculation at a time of “reckless” Russian nuclear rhetoric. The United States has said it expects Russia...

Islamic State claims Iran shrine attack, Iran vows response
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Islamic State claims Iran shrine attack, Iran vows response

Women and children among casualties – state media President says Iran will respond to attack Protesters mark 40 days since Mahsa Amini’s death in custody DUBAI, Oct 26 (Reuters) – The militant group Islamic State said it carried out an attack on a Shi’ite Muslim shrine in Iran on Wednesday which killed 15 people, escalating...

U.S. mortgage interest rates jump to 7.16%, highest since 2001
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U.S. mortgage interest rates jump to 7.16%, highest since 2001

Oct 26 (Reuters) – The average interest rate on the most popular U.S. home loan rose to its highest level since 2001 as tightening financial conditions weigh on the housing sector, data from the Mortgage Bankers Association (MBA) showed on Wednesday. The average contract rate on a 30-year fixed-rate mortgage rose by 22 basis points...

Liberal U.S. lawmakers withdraw Ukraine letter after blowback
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Liberal U.S. lawmakers withdraw Ukraine letter after blowback

WASHINGTON, Oct 25 (Reuters) – A group of liberal U.S. Democrats withdrew a letter to the White House urging a negotiated settlement to the war in Ukraine, the group’s chairperson, Democratic Representative Pramila Jayapal, said on Tuesday, after blowback from within their own party. “The Congressional Progressive Caucus hereby withdraws its recent letter to the...

Fetterman, Oz face off on crime, inflation in Pennsylvania Senate debate
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Fetterman, Oz face off on crime, inflation in Pennsylvania Senate debate

HARRISBURG, Penn., Oct 25 (Reuters) – U.S. Senate candidates Democrat John Fetterman and Republican Mehmet Oz traded attacks on issues from crime to inflation in the lone debate of a Pennsylvania race that will help decide whether Democrats retain control of the Senate. Fetterman, the state’s 53-year-old lieutenant governor, has since summer lost his lead...

U.S. basketball star Griner’s 9-year drug sentence upheld in Russia
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U.S. basketball star Griner’s 9-year drug sentence upheld in Russia

Court upholds jail term for narcotics possession and smuggling WNBA star arrested with vape cartridges containing cannabis oil Lawyers argued verdict was out of line with Russian practice Griner restates apology, says sentence too harsh This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. KRASNOGORSK, Russia, Oct...