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Ukraine breaks diplomatic ties with N Korea over recognition of breakaway regions
Jul 14, 2022 13:28Ukraine's foreign ministry says it severed diplomatic relations with North Korea after Pyongyang officially recognized Donetsk (DPR) and Luhansk People's Republics (LPR), Ukraine’s two eastern breakaway regions.
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EU Commission slashes bloc’s economic growth forecasts as war-stoked inflation soars
Jul 14, 2022 13:16The European Commission has slashed the European Union’s economic growth forecasts as the ongoing Ukraine-Russia military conflict fuels record-high inflation, which is continuing to destabilize the economy of the bloc’s member states.
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US schools remain segregated even as student population grows more diverse: Report
Jul 14, 2022 13:14US schools remain divided along racial, ethnic and economic lines despite the population having grown more diverse thanks to demographic changes and improvements since 2010, according to a report.
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Sri Lanka in limbo as president yet to resign
Jul 14, 2022 08:06Sri Lanka is in chaos a day after President Gotabaya Rajapaksa fled the country amid protests fueled by an economic crisis.
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Flood leaves 44 people unaccounted for in southwest Virginia
Jul 14, 2022 07:13More than 40 people have been reported unaccounted for by loved ones after floodwaters swept a riverfront Appalachian community in southwestern Virginia on Wednesday, triggered by heavy rains in the area, local authorities said.
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Scorching heat wave sparks wildfires in Europe
Jul 14, 2022 07:12Thousands of firefighters battled more than 20 blazes that raged on Wednesday across Portugal and western Spain, menacing villages and disrupting tourists' holidays amid a heat wave that pushed temperatures above 45 degrees Celsius (113 degrees Fahrenheit) in some parts of Europe.
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US inflation hit 40-year high in June
Jul 14, 2022 05:49Inflation has surged to a new four-decade high in the United States, as prices continue to climb at the fastest pace across many sectors of the economy, fresh data shows.
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Disruptions in natural gas supply can cause recession in Europe, IMF warns
Jul 14, 2022 04:04The International Monetary Fund (IMF) has warned that Europe could plunge into recession as a result of the disruptions in natural gas supply triggered by the ongoing war in Ukraine.
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Ukraine, Russia near deal on grain exports
Jul 14, 2022 03:55Russia and Ukraine have made substantive progress on a deal to resume grain exports from the latter country’s Black Sea ports, raising hopes of an end to a standoff that has exposed millions to the risk of starvation.
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Italy's government faces collapse as 5-Star shuns confidence vote
Jul 14, 2022 03:50Italy's 5-Star Movement will not take part in a parliamentary confidence vote on Thursday, party leader Giuseppe Conte said, in a move that looked likely to trigger the collapse of Prime Minister Mario Draghi's government.