[ad_1] Consumer prices were 11.1% higher than a year earlier, but a price cap on energy and a looming recession means any further increases to inflation in coming months are set to be more modest. [ad_2] Source link Source link
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Tag: wsjworld
[ad_1] President Biden and Chinese leader Xi Jinping began a closely watched meeting that officials on both sides said was intended to repair ruptured lines of communication between the two powers. [ad_2] Source link Source link
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[ad_1] Security concerns related to Chinese investments in overseas ports are mounting as the country’s firms acquire more stakes at shipping hubs around the world and geopolitical tensions rise. Chinese companies have expanded investments at foreign ports in recent years and now run major container terminals in locations including Belgium, Israel, Spain, Sri Lanka and […]
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[ad_1] Climate envoy John Kerry outlined a carbon-credit plan that aims to pump billions of dollars into developing countries’ energy transition, while some businesses expressed caution over investing in the program. [ad_2] Source link Source link
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[ad_1] World Europe Economists fear high inflation and rising interest rates will make it harder for the continent to spend its way out of this downturn [ad_2] Source link Source link
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[ad_1] Xi Jinping’s new right-hand man, Li Qiang, has shown two sides to his personality over his career. Mr. Li, whom Mr. Xi appointed last month as China’s new No. 2, is known inside the country as a pro-business pragmatist unafraid to push the boundaries of Communist Party rule. Party insiders say he’s also a […]
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[ad_1] World Latin America U.S. and Canada say Mexico’s nationalist energy policies undermine private companies that have invested heavily there [ad_2] Source link Source link
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[ad_1] The annual rate of consumer-price inflation in the eurozone increased to double digits in October, reaching a record and highlighting the challenges facing the European Central Bank. [ad_2] Source link Source link
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[ad_1] ISTANBUL—The United Nations and Turkey on Sunday scrambled to rescue an agreement that allowed Ukraine to ship grain via the Black Sea, a day after Russia suspended the deal in a move that threatens global food prices and puts pressure on Ukraine’s allies. U.N. Secretary-General António Guterres was working Sunday to end the Russian […]
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[ad_1] Western sanctions brought Russia’s car industry to a screeching halt earlier this year. As it restarts, it is emerging smaller, technologically backward and more isolated—a foreshadowing of what could be in store for the rest of the embattled Russian economy. Within weeks of Russia’s invasion of Ukraine, most Western car companies curtailed operations in […]
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