Wednesday, October 19, 2022

Japan eyes stimulus to kickstart sluggish economy

Japan is looking to inject a 200-billion dollar stimulus into its economy, which is struggling under a weak yen and accelerating inflation. 

The government has so far refrained from taking action to allow a bounce back in economic activity. 


Chris Gilbert reports from Tokyo. 


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Tuesday, October 18, 2022

U.S. stocks rally after strong earnings

U.S. stocks built on Monday's big gains to post another day in
positive territory.

This comes as strong earnings continue to boost sentiment on Wall Street.

William Denselow reports from New York.

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HUMANITARIAN AGENCIES IN UKRAINE FEAR WINTER MONTHS

United Nations humanitarian agencies working in Ukraine are sounding the alarm
bell ahead of the winter season.
The Office of the Coordination of Humanitarian Affairs believes more
can and should be done to assist with humanitarian aid in the country.
Denise Brown, UN Resident and Humanitarian Co-Ordinator says the
humanitarian situation in Ukraine is getting worse and says while aid
agencies have been hard at work since February -
she fears for the winter months that lie ahead.

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Joe Biden promises to codify abortion right if Democrats make gains in midterms

U.S. President Joe Biden is promising to put the right to an abortion
into law if the Democrats keep control of Congress.

It comes three weeks before Americans head to the polls in the midterm
elections..which could shift the balance of power in Washington.

U.S. correspondent Gabrielle Fahmy reports.

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Thousands demonstrate in France in latest nationwide cost of living protests

Thousands of people have been demonstrating once again in the streets of cities across France, calling for more help for people struggling with the energy and economic crisis. 

Ross Cullen reports from Paris.

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EU Commission unveils new measures to rein in energy prices

The European Commission has unveiled a raft of new proposals aimed at taming soaring energy prices in the European Union. 

The plans include new tools for joint EU gas purchases to avoid member states outbidding each other on an already tight market, and frameworks for gas-sharing in crisis circumstances.

As the 27 EU members squabble over when, if, and how to cap wholesale gas prices, the Commission has also put forward a compromise plan. Under proposals, temporary prices limits for transactions on Europe's main gas exchange can kick in to curb extreme spikes. 

European Commission President Ursula von der Leyen spoke to reporters in Strasbourg.

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Europe boosts critical infrastructure security

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The European Union has announced new measures to boost the security of critical infrastructure across the continent. This comes after two major attacks on European critical infrastructure since September.


Our correspondent Alex Cadier reports from Brussels


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Unprecedented child deaths in Somalia: UNICEF

The United Nations warns that Somalia is facing an unprecedented
volume of child deaths.

A severe drought has triggered a food crisis that experts fear could
compare to the famine seen back in 2011 when more than 250,000 people
died.

William Denselow reports from UN headquarters in New York.

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Nigeria’s Inflation Hits 20.77 Percent, Highest Since 2005

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Nigeria's inflation rate has risen for the eight-consecutive month, to reach 20.77 per cent in September.

 

The new figure puts the country's inflation rate at a 17- year high.

 

Ajeck Mangut reports from Abuja


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HRW REPORT ON DRC CONFLICT

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An international non-governmental organisation that investigates and documents human rights abuses has accused Congolese army units of backing armed groups implicated in serious abuses in the east of the Democratic Republic of Congo. The Congolese government has however denied the accusation. Chris Ocamringa has more from Kinshasa...

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UK THREAT ALERT ISSUED AFTER BRITISH PILOTS TRAIN CHINA'S MILITARY

UK officials say British military pilots are being paid to train China's military. It's reported the British veterans have been offered a salary of around $270,000 to share their knowledge and expertise. The UK's Defence Intelligence Service has issued a threat alert - warning British personnel against working for the Chinese military. Laura Makin-Isherwood reports from London.


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Indian health officials warn of COVID-19 surge amid XBB variant scare

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State health officials in India are warning of an increase in COVID-19 cases as concerns about the XBB coronavirus variant rise.

Experts say the upcoming festive season in the country along with the winters could also worsen the situation.

Ishan Garg reports from New Delhi.

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China Postpones Q3 Growth Data Release

China has unexpectedly announced it will delay the release of economic growth figures, along with a host of other economic data.

It comes as the country's leadership gathers for a critical meeting and to hand President Xi Jinping a third term in office.

Patrick Fok reports from Beijing.

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Japan to launch investigation into the Unification Church

Japan’s government is launching its first ever investigation into the controversial ‘Unification Church’ after months of scandal. 

Revelations of links between the government and the religious group have seen Cabinet’s approval rating drop to their lowest level this year. 


Chris Gilbert reports from Tokyo. 


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Monday, October 17, 2022

Earnings fuel gains on Wall Street

It was a strong start to the trading week on Wall Street thanks in
part to some strong corporate quarterly numbers.

Earnings season is kicking into gear and some of the major U.S. banks
in focus for investors.

William Denselow reports from New York.

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Trump Organization Charged Secret Service "Exorbitant Rates"

The Trump organization charged the US Secret Service what the House Oversight Chair is calling "exorbitant rates"for agents to stay at Trump hotels while protecting the former President  and his family.


They were as much as five times more than the government rate, according to newly released Secret Service records.


And as Rachel Silverman reports….the documents raise questions about Trump's presidential travel and the stream of public money it has brought to the former President's private businesses.  


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More voters say they intend to vote Republican in U.S. midterm elections

The U.S. midterm elections are three weeks away, and a new poll gives
Republicans the edge.

The survey by the New York Times found the economy is by far the top
issue on voters' minds.

Gabrielle Fahmy reports.

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EU sanctions Iranian minister, morality police over protest crackdown and Mahsa Amini death

The European Union has imposed new sanctions on eleven people and four entities in Iran which the bloc says are responsible for the death of Mahsa Amini and subsequent human rights violations.


Demonstrations erupted in Iran after 22-year-old Mahsa Amini died in detention last month. The EU accuses Iranian authorities of violently repressing peaceful protesters.


Rosie Birchard brings us up to speed from Brussels.


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Scotland's Nicola Sturgeon sets out economic vision for independence


Scottish First Minister Nicola Sturgeon has set out her vision for an independent Scotland's economy, including eventually establishing a new currency.

The Supreme Court is currently considering whether the devolved Scottish government can call a second independence referendum on its own.

Our correspondent Giles Gibson has more.

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Kanye West to buy conservative social media platform Parler

Kanye West is getting into the media business.

The rapper has struck a deal to buy Parler - a conservative social media platform that emerged during the Trump presidency

The move comes after West was suspended from several other sites over antisemitic posts.

Toni Waterman has more.

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