Ukrainian President Volodymyr Zelensky, who already snuffed out his country and barred men from leaving the country since the start of the war, has now tasked his administration to bar the Russian Orthodox Church from holding services in Ukraine.
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RUSSIA CALLS NUCLEAR WAR ‘UNACCEPTABLE’—AVOID AT ALL COSTS
Russian Foreign Minister Sergey Lavrov, said nuclear war between nuclear powers is unacceptable, and must be avoided.
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UKRAINIAN REFUGEES FLOODING EUROPE: POPULIST PARTY SURGE NEXT
Following the blowing up of the Crimea Bridge and Russia’s Nord Stream pipelines, Russian President Vladimir Putin said Moscow would ramp up its attacks on Ukraine. Illustrating that “payback’s a bitch,” European countries are getting hit with another surge in Ukrainian refugees as Russia continues to demolish the country’s energy infrastructure with bombing campaigns.
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JAPAN’S CORE INFLATION WORST IN 40 YEARS
November’s core inflation rate in Japan rose at an annual rate of 3.6 percent, the fastest pace since April 1982 and the sixth consecutive month in which the rate has roamed beyond the Bank of Japan’s 2-percent target.
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GERMANY FEARS MASS EXODUS OF MANUFACTURERS
One in four German manufacturers is thinking of moving production to other countries, Tanja Gönner, CEO of the Federation of German Industries told the Die Welt am Sonntag news outlet.
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COMMERCIAL REAL ESTATE INDUSTRY CRUNCH
With borrowing costs rising and the economic outlook darkening, commercial landlords and real estate investors are finding it harder to find financing.
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U.K. ECONOMIC BLUES TO GET DARKER
Of all G7 countries—seven of the world’s leading economies—the U.K. will grow slowest through the next two years due to a crippling combination of rising interest rates, consumers’ plunging buying power, and unchecked inflation, the Organization for Economic Cooperation and Development (OECD) has predicted.
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CHINA CONTINUES LOCKDOWNS. PROTESTS WILL BE QUASHED
China reported about 28,000 new COVID cases on 22 November, triggering a new wave of lockdowns in parts of Beijing, the manufacturing center of Guangzhou, and the metro area of Chongqing, home to more than 31 million people.
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WHEN THE ECONOMY FALLS JOBS GO WITH IT
Inflation and interest rate hikes are causing companies in many sectors to lay off employees. To illustrate the employment trends and the socioeconomic implications, each week we will list job losses. This is week 19.
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THE INSIDE GOVERNMENT GANG WINNING BIG ON INSIDER TRADES
The private, nonprofit Campaign Legal Center (CLC) has filed legal complaints prompted by a recent Wall Street Journal report that thousands of appointees at 50 federal agencies held stock in companies that were affected by their policy decisions.