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IN THE NEWS

Energy Costs Push OECD Inflation Up to 4.5%

Energy Costs Push OECD Inflation Up to 4.5%

Annual inflation across OECD economies rose to 4.5% in September from 4.3% in August, driven mainly by energy. Energy inflation reached 17.4%, while food inflation eased and underlying inflation remained broadly stable at 3.7%.

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OPEC Says Oil Output Is Near Prewar Levels Despite Shipping Disruptions

OPEC Says Oil Output Is Near Prewar Levels Despite Shipping Disruptions

OPEC reported that oil production has moved close to levels seen before the Iran war, led by a sharp recovery in Saudi output even as regional shipping disruptions continue. The group left its broad demand and supply outlook largely unchanged.

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China's Trade Surplus Passes $1 Trillion as Technology Exports Surge

China's Trade Surplus Passes $1 Trillion as Technology Exports Surge

China recorded a trade surplus above $1 trillion for a second consecutive year, supported by strong exports of electronics, vehicles and other advanced manufactured products. October imports also rose as crude-oil shipments from the Gulf recovered.

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China's Singles' Day Exposes Persistent Consumer Caution

China's Singles' Day Exposes Persistent Consumer Caution

China's largest shopping festival again highlighted restrained household spending despite aggressive discounts. The economy grew 4.6% in January through September, but retail sales increased only 1.1% as the long property downturn continued to weigh on confidence.

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US Inflation Broadens as Fed Officials Consider Faster Rate Hikes

US Inflation Broadens as Fed Officials Consider Faster Rate Hikes

US inflation accelerated to 4% in October from 3.7% in September, with price increases spreading beyond fuel and tariff-sensitive goods into services such as healthcare, childcare, restaurants and hotels.

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E8 Art and Craft Trail Returns to Dalston with New Venues

E8 Art and Craft Trail Returns to Dalston with New Venues

The E8 Art and Craft Trail returns to Dalston this weekend, inviting the public to visit artists' homes and studios. The event, established in 2022 by local residents, expands its footprint this year with two new venues while maintaining its core mission of showcasing the area's creative heritage.

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Irish police prepare for further hoax bomb threats after hundreds of schools targeted

Irish police prepare for further hoax bomb threats after hundreds of schools targeted

Gardaí are preparing for further hoax bomb threats after at least 300 schools across the Republic of Ireland received a mass email on Wednesday.

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Korea, Singapore and New Zealand Advance Green Trade Pact Talks

Korea, Singapore and New Zealand Advance Green Trade Pact Talks

Officials from Korea, Singapore, and New Zealand reviewed progress on the plurilateral Green Economy Partnership Agreement ahead of APEC meetings.

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RBA Inflation Target Origins: Why Australia Chose a Range Over Zero

RBA Inflation Target Origins: Why Australia Chose a Range Over Zero

The Reserve Bank of Australia’s decision to raise interest rates amid rising inflation has renewed scrutiny on its monetary policy framework, particularly the origins and rationale behind its specific 2 to 3 per cent target range.

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Ireland and Ukraine consider drone cooperation memorandum after Dublin talks

Ireland and Ukraine consider drone cooperation memorandum after Dublin talks

Ireland and Ukraine exploring joint memorandum on drones following bilateral Ireland and Ukraine are exploring forming a joint memorandum on drones, the Taoiseach said following a bilateral meeting with the Ukrainian President.

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