Burkina Faso's ousted military leader agrees to step down

Burkina Faso's military leader who was ousted in a coup on Friday has agreed to step down according to officials.

The power grab marks the West African country's second military coup this year, deepening fears of insecurity and political unrest.

Nabil Ahmed Rufai reports………



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Russia’s Parliament to finalise illegal takeover of four Ukrainian regions

Russia's rubber-stamp parliament is set to consider annexation documents finalising the takeover of four Ukrainian regions claimed by the Kremlin. President Vladimir Putin proclaimed Russia's appropriation of parts of Ukraine last week. Kiev and its Western supporters denounced the move as illegitimate. Daria Bondarchuk reports from Moscow.

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New Covid-19 vaccine drive begins in France

A new Covid-19 vaccine drive is getting under way in France, over fears of a potential fresh wave of coronavirus cases this winter.

Ross Cullen reports from Paris.

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UK GOVT U-TURNS ON TAX

The UK government's ditching a key element of its controversial tax-cutting plans.

Chancellor Kwasi Kwarteng says scrappping the top rate of income tax had become a 'distraction'.

A number of Conservative MPs had suggested the measure wouldn't win the support of the House of Commons.

Kwasi Kwarteng says it shows he's listening.

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SURVEILLANCE DRONES SPOTTED OVER GERMAN ARMY BASE

National security officials in Germany are investigating reports that suspicious drones were deployed over a key army base several times over the weekend. 

The base is being used to train Ukrainian soldiers - raising suspicions that the drones may have been part of a larger surveillance effort by Moscow. 

From Berlin, Trent Murray has more. 

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India upholds $682 million assets freeze of Chinese smartphone maker Xiaomi

Intro:

India's top enforcement body has upheld the government's decision to freeze Chinese phone maker Xiaomi's assets worth 682 million dollars.

Allegations are that Xiaomi flouted India's foreign remittance laws – a charge the company denies.

Ishan Garg has more from New Delhi.

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Japan's inflation may overshoot

The risk of overshoot in inflation is a growing concern for the Bank of Japan.

Nonetheless the bank is set to maintain its ultra-loose money policy.

Nora Weinek reports from Tokyo.

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Brazil presidential election goes to round 2 with Lula ahead

Brazil's presidential race will go to a second round after the former president Luiz Inácio Lula da Silva failed to secure the majority he needed to avoid a run-off with the far-right incumbent Jair Bolsonaro.

The results come as a major blow to progressive Brazilians that had hoped for a resounding victory over Bolsonaro.

Dave Yin reports.

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Indonesia pledges enquiry after soccer tragedy

The Indonesian government is promising a full investigation after at least 129 people died in a stampede at a local soccer match. The game between two sides with a bitter rivalry ended in disaster as fans began rioting, and police responded with tear-gas.

Richard Kimber reports from Hong Kong.

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Hurricane Ian makes landfall in U.S. state of South Carolina

U.S. President Joe Biden has approved an emergency declaration for the
state of South Carolina.

After slamming Florida, Hurricane Ian intensified to a category 1
hurricane, making landfall in South Carolina Friday.

Gabrielle Fahmy reports.

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[MARKET PREVIEW FOR MONDAY] U.S. stocks looking to rebound after brutal sell-off last week

U.S. stocks will be looking to rebound this week, as we enter the last
quarter of 2022.

Last week was another brutal one for the markets, as recession fears
continue to dominate investor sentiment.

Gabrielle Fahmy reports from New York.

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U.S. hits Russia with fresh sanctions after annexation of Ukrainian territory

The U.S. has announced a fresh round of sanctions against Russia after the Kremlin said it would annex four regions of Ukraine.

The Biden Administration says the sanctions serve as a clear warning that there will be a price to pay for anyone who provides support to Russia's territory grab.

Toni Waterman has more.

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U.S. judge sides with Trump in documents review

A U.S. judge has ruled that former President Donald Trump does not
have to identify any evidence he claims the FBI planted at his
Mar-a-Lago residence.

The decision overrules the Special Master that the judge herself named
to review the classified documents seized by federal agents last
month.

Nick Harper sends this report from Washington.

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Eurozone inflation hits new record of 10% in September

Inflation in the Euro area hit 10% in September, a new record replacing the previous all-time high of 9.1% in August.

The rise, across the nineteen countries which use the euro currency, is partly driven by soaring energy prices amid the fallout of Russia's war in Ukraine.

Rosie Birchard reports from Brussels. 

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UK Prime Minister hopes to restore confidence in economy

British prime minister Liz Truss is meeting the UK's independent fiscal watchdog on Friday after days of market turmoil.

Chancellor Kwasi Kwarteng will also sit down with the head of the Office for Budget Responsibility one week after his mini-budget was announced     . 

Liz Truss and Kwasi Kwarteng have continued to defend their plans for the economy, despite widespread backlash.

Sally Patterson has more in London.

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TRUSS HOLDS TALKS WITH OBR

UK Prime Minister Liz Truss is holding talks on Friday with the independent fiscal watchdog after criticism of her government's tax plans.

The Office for Budget Responsibility has confirmed that it could have produced a draft economic forecast in time for the so-called mini-budget last week - but the Chancellor didn't ask for one.

That decision has been blamed in part for turmoil on financial markets.

Former Conservative minister Ed Vaizey says Chancellor Kwasi Kwarteng must make his next update to plans much earlier than the planned date of November 23rd.

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Australia – Covid isolation mandate to end

Covid isolation rules will be scrapped within a fortnight, but Australia's peak medical body believes the move will have "dangerous consequences". 

Bringing an end to mandatory isolation has been the key topic of discussion amongst the countries state and territory leaders at the countries National Cabinet meeting. 

Shaun Bindley reports. 

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COURTESY AIR NEWS MEDIA - AUSTRALIA 

N Korea fires more missiles after Harris visits DMZ

North Korea fired two more ballistic missiles following the departure of US Vice President Kamala Harris from South Korea.

As part of her East Asia tour, Harris visited the heavily armed border between North and South Korea, where she criticized Pyongyang.

Dave Yin reports.

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OUT: first since 2017.
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U.S. stocks plunge to lowest since November 2020

U.S. stocks erased gains on Thursday…as recession fears returned to Wall Street.

The Dow Jones is back in bear market territory, after a short-lived
relief bounce sparked by the Bank of England's bond-buying move.

Gabrielle Fahmy reports from New York.

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Biden warns of "substantial loss of life" from Hurricane Ian

US President Joe Biden has warned there is likely to be "substantial
loss of life" following Hurricane Ian's devastating path through
Florida.

The category-four storm caused severe flooding, high winds and storm
surges across the US state.

Biden has declared it a "major disaster" and approved federal disaster funds.

The President also warned that a high death toll is likely.

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The President tried to console those in Florida who have been impacted
by the hurricane.

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The President said people are still sheltering from the storm.

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