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Inside China’s fight over the future of zero-Covid

Opinions diverge over Xi’s zero-COVID policy Anger over lockdowns, fears about opening up Loosening of rules threatens to stir discontent SHANGHAI, Dec 2 (Reuters) – Samuel Ren is sick of zero-COVID. “Omicron is not a threat, it is just like a normal cold,” said the IT worker in his mid-20s in Shanghai, describing China’s ongoing …

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Weapons industry booms as Eastern Europe arms Ukraine

E. Europe arms companies step up production for Ukraine Hope to find new markets as defense spends rise Can produce and service Soviet-era and NATO-standard weaponry Poland, Czechs among big suppliers of military aid to Kyiv The industry’s history stretches from the 1800s and through the Cold War PRAGUE/WARSAW, Nov 24 (Reuters) – Eastern Europe’s …

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COP27 negotiators still far apart on strong climate deal

G20 leaders expressed support for climate action Lula boosts COP27 with ‘Brazil is back’ message But countries struggle for climate deal in Egypt SHARM EL-SHEIKH, Egypt, Nov 16 (Reuters) – Countries were far from agreeing the contours of a climate deal at the COP27 summit in Egypt on Wednesday, with the host country urging negotiators …

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Key takeaways from the G20 summit in Bali

Nov 16 (Reuters) – Leaders of the world’s Group of 20 (G20) wealthiest nations concluded a two-day summit on the Indonesian island of Bali on Wednesday deploring Russia’s aggression in Ukraine “in the strongest terms”, among other highlights. Here are key takeaways from the meeting: CONDEM’S RUSSIAN AGGRESSION Meetings of G20 ministers earlier this year …

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G20 summit deplores war in Ukraine ‘in strongest terms’

G20 says ‘most members’ condemn war in Ukraine Threat of use of nuclear weapons ‘inadmissible’ – declaration Agreement to calibrate monetary tightening NUSA DUA, Indonesia, Nov 16 (Reuters) – Leaders of the Group of 20 (G20) nations deplored Russia’s aggression in Ukraine “in the strongest terms” on Wednesday and demanded its unconditional withdrawal in a …

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China’s economy loses momentum as COVID curbs hit factories, consumers

China’s industrial output grows more slowly than expected Retail sales fell for the first time since May Property investment sees biggest drop since early 2020 Economic outlook gloomy on softening external demand BEIJING, Nov 15 (Reuters) – China’s economy suffered a broad slowdown in October as factory output grew more slowly than expected and retail …

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Exclusive: Germany steps up emergency cash plans to cope with blackout

FRANKFURT, Nov 15 (Reuters) – German authorities are stepping up preparations for emergency cash deliveries in case of a blackout to keep the economy running, four people involved said, as the nation braces for possible power cuts arising from the war in Ukraine. The plans include the Bundesbank, Germany’s central bank, hoarding extra billions to …

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Division at G20 over bid to condemn Russia’s Ukraine invasion

Most G20 members could strongly condemn Ukraine war Zelensky urges G20 to help end war under his plan Indonesia urges action on global economic problems China’s Xi to hold meetings with several other leaders NUSA DUA, Indonesia, Nov 15 (Reuters) – Disagreement emerged at a Group of 20 (G20) summit on Tuesday as the United …

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Explainer: Blood, treasure and chaos: the cost of Russia’s war in Ukraine

LONDON, Nov 10 (Reuters) – Russia’s Feb. 24 invasion of Ukraine has left tens of thousands of dead, displaced millions and spread economic strife across the world. Following are the main impacts of the war, now in its ninth month: * DEATH The war has sown death on a level not seen in Europe since …

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