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Friday, December 2, 2022

Liz Truss was defeated by the bond market. Investors aren’t satisfied yet

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China’s Xi acknowledges Covid frustration caused protests and hints at relaxing rules, EU official says

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After a bruising three-week battle with bond markets, UK Prime Minister Liz Truss admitted defeat on Friday. She fired her finance minister and gutted her economic program by promising to reinstate a big tax hike on corporations.

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China’s Xi acknowledges Covid frustration caused protests and hints at relaxing rules, EU official says

Chinese President Xi Jinping has acknowledged the frustration within China amid his government's unrelenting zero-Covid strategy, a European Union official told CNN, in his...

Hate speech surges on Twitter after Musk takeover, new research shows

New Twitter owner Elon Musk declared last month that "hate speech impressions" had dramatically fallen on the platform since he took over.

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When special direct flights were announced from Tel Aviv to Doha for the FIFA World Cup, the scene at Ben Gurion airport was festive...

Analysis: Why the Fed may finally loosen its grip

I don't know about y'all, but I could use some hopeful news today. So here's what I've got: Inflation appears to be — really,...
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