Economic News
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The ruble's in a slump. For the Kremlin, that's a two-edged sword
Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under control with one hand even as it overheats the economy with spending on the war against Ukraine with the other
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Amazon workers in India join Black Friday strike action for better wages and working conditions
Amazon staff in India have joined strike action calling for better wages
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Inflation rose to 2.3% in Europe. That won't stop the central bank from cutting interest rates
Inflation in the 20 countries that use the euro currency rose in November — but that likely won’t stop the European Central Bank from cutting interest rates as the prospect of new U.S. tariffs from the incoming Trump administration adds to the gloom over weak growth
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Mexican president says she is confident that a tariff war with the US can be averted
Mexican President Claudia Sheinbaum says she is confident that a tariff war with the United States can be averted
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Trump's tariffs in his first term did little to alter the economy, but this time could be different
Donald Trump loved to use tariffs during his first presidency
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Avocados, tequila and other iconic Mexican products are jeopardized by Trump's tariff threats
Mexicans are worried that threats by U.S. President-elect Donald Trump to impose 25% tariffs could affect a wide range of iconic Mexican products, some of which support entire regional economies
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Stock market today: World shares are mostly higher after Big Tech losses pull Wall St lower
World shares are mixed after losses for big technology stocks pulled major indexes lower on Wall Street
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South Korea's central bank cuts key interest rate to nurse a slower economy
South Korea’s central bank has lowered its key policy rate and says the country’s economy will grow at a slower pace than it initially anticipated
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US economy grows at 2.8% pace in third quarter on consumer spending, unchanged from first estimate
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth
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Stock market today: Losses for Big Tech pull US indexes lower
Losses for big technology stocks pulled major indexes lower on Wall Street
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