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Dutch inflation leaps to 17%, boosted by high energy prices

AMSTERDAM, Sept 30 (Reuters) – Inflation in the Netherlands jumped in September to its highest in decades, driven by skyrocketing energy prices, the statistics agency (CBS) said on Friday. Consumer prices, harmonized to be comparable with inflation data from other European Union countries (HICP), rose to 17.1% this month after August’s jump to 13.7%. Energy …

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US weekly jobless claims fall to five-month low; Q2 GDP unrevised

Weekly jobless claims drop 16,000 to 193,000 Continuing claims decrease 29,000 to 1.347 million Second-quarter GDP contraction unrevised at 0.6% rate WASHINGTON, Sept 29 (Reuters) – The number of Americans filing new claims for unemployment benefits fell to a five-month low last week as the labor market remains resilient despite rising headwinds from the Federal …

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EU sees sabotage of Nord Stream, warns against attacks on ‘active infrastructure’

BRUSSELS, Sept 27 (Reuters) – European Commission chief Ursula von der Leyen on Tuesday said the leaks of the Nord Stream pipelines were caused by sabotage, and warned of the “strongest possible response” should active European energy infrastructure be attacked. “Spoke to (Danish Prime Minister Mette) Frederiksen on the sabotage action Nordstream,” von der Leyen …

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Iraq oil minister: OPEC monitoring oil prices, seeks market balance

Iraq’s oil minister Ihsan Abdul Jabbar speaks during the 29th Annual Middle East Petroleum & Gas Conference in Manama, Bahrain, May 16, 2022. REUTERS/Hamad I Mohammed Register now for FREE unlimited access to Reuters.com Register Sept 26 (Reuters) – Iraq Oil Minister Ihsan Abdul Jabbar on Monday said the Organization of the Petroleum Exporting Countries …

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Fed officials stare down market volatility, say inflation remains paramount focus

Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 26 (Reuters) – US Federal Reserve officials on Monday sloughed off rising volatility in global markets, from slumping US stocks to currency turbulence abroad, and said their priority remained controlling domestic inflation. Asked at a Washington Post event whether he felt US investors had …

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Japan’s factory activity expands at slowest pace in 20 months

A worker walks near a factory at the Keihin industrial zone in Kawasaki, Japan, March 8, 2017. REUTERS/Toru Hanai Register now for FREE unlimited access to Reuters.com Register TOKYO, Sept 26 (Reuters) – Japan’s factory activity growth hit a 20-month low in September, as firms struggled with a global slowdown and pressure from high energy …

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In China, home buyers occupy their ‘rotting’, unfinished properties

GUILIN, China, Sept 26 (Reuters) – For six months, home for Ms. Xu has been a room in a high-rise apartment in the southern Chinese city of Guilin that she bought three years ago, attracted by brochures touting its riverfront views and the city’s clean air. Her living conditions, however, are far from those promised: …

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Taking aim at government, UK’s Labor unveils national wealth fund plan

Shadow Chancellor of the Exchequer Rachel Reeves is interviewed outside the BBC in London, Britain, October 24, 2021. REUTERS/Peter Nicholls/File Photo Register now for FREE unlimited access to Reuters.com Register LIVERPOOL, England, Sept 25 (Reuters) – Britain’s Labor Party will unveil on Monday its plans to set up a national wealth fund to invest in …

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Inflation fight can avoid deep pain, Atlanta Fed president says

President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic speaks at a European Financial Forum event in Dublin, Ireland February 13, 2019. REUTERS/Clodagh Kilcoyne Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 25 (Reuters) – Atlanta Federal Reserve President Raphael Bostic said on Sunday he still …

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