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Pentagon contractors in Afghanistan pocketed $108 billion over 20 years (1)
Aug 12, 2022 20:21Pentagon contractors operating in Afghanistan over the past two decades raked in nearly $108 billion—funds that "were distributed and spent with a significant lack of transparency".
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Be warned: Inflation could take British politics to a very dark place indeed
Aug 06, 2022 16:39Britons are to brace for a recession that will see five consecutive quarters of contraction, and a decline in household incomes of 5% by 2024 – the biggest fall since records began more than half a century ago.
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Amid climate crisis, Shell's financial windfall is profiteering at its most grotesque
Aug 06, 2022 16:36We may be in the dying days of the fossil fuel empire, but those companies are enriching themselves like never before, as people die from our climate crisis.
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Turkey agrees to pay for Russian gas in rubles
Aug 06, 2022 14:56Turkish President Recep Tayyip Erdogan has pledged to boost trade with Moscow, saying Ankara is ready to pay for part of Russian gas in rubles.
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UK economy to slip into recession as inflation soars
Aug 06, 2022 11:29Britain is on the brink of a recession as deep as the 1990s and as long as the 2008 financial crisis: a bleak projection by the country’s central bank.
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UK: Trains disrupted in 2nd strike in a week
Jul 30, 2022 15:12Thousands of railway workers in virtually a quarter of Britain’s network have gone on a 24-hour strike, causing yet another “significant disruption” for the second time this week.
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Eurozone inflation hits new record as energy, food prices surge
Jul 29, 2022 19:43Inflation in European countries using the euro currency has once again hit a new record as energy prices go up due to Russia’s military campaign in Ukraine and the coronavirus pandemic.
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US GDP falls for second straight quarter, stoking recession fears
Jul 28, 2022 18:32The American economy has shrunk for the second consecutive quarter amid growing concern the country could be slipping into a recession, according to new federal data.
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US weekly jobless claims hit fresh 8-month high
Jul 22, 2022 14:13The number of Americans filing new claims for unemployment benefits rose for a third straight week last week to the highest in eight months, suggesting some cooling in the labor market amid tighter monetary policy and financial conditions.
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Iran stresses Syria’s sovereignty in crossborder aid mechanism
Jul 22, 2022 14:12Iran’s envoy to the United Nations (UN) has underscored global respect for Syria’s political sovereignty and territorial integrity in the provision of humanitarian aid to the war-ravaged West Asian country, calling for the removal of unilateral Western sanctions on Damascus.