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U.S. sanctions Iran over drones used in Russia’s war on Ukraine

A drone flies over Kyiv during an attack on Oct. 17, 2022, amid the Russian invasion of Ukraine. Sergei Supinsky | Afp | Getty Images WASHINGTON — The Biden administration on Friday announced a slew of fresh sanctions and additional measures targeting Iran’s aviation and defense sector, as Washington ups the …

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Inflation euro zone December 2022 drops as energy costs ease

Inflation in Europe has been impacted by higher energy prices and supply shortages. Analysts question how far central banks will go to bring inflation under control. Bloomberg | Bloomberg | Getty Images Inflation in the euro zone dropped for a second consecutive month in December, but analysts do not expect …

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Prince Harry’s new book alleges physical attack by brother William

Britain’s Prince Harry, Duke of Sussex (L), and Prince William, then the Duke of Cambridge (R), attend the unveiling of a statue of their mother, Princess Diana, on July 1, 2021. Dominic Lipinski | Afp | Getty Images LONDON — Prince Harry’s upcoming autobiography details an alleged fight in which …

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Protests, weapons for Russia and the nuclear deal

What lies ahead for Iran and its overseas activities will have significant consequences not only for millions of Iranians but also for Ukraine, Russia, much of the Middle East, and the foreign policy of Western governments. Reuters | Wana News Agency Iranian President Ebrahim Raisi greets Russian President Vladimir Putin …

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Avatar show in London offers glimpse of future for live music

LONDON — Before the launch of “ABBA Voyage,” the London concert performed by 3D digital avatars of the iconic Swedish band, member Björn Ulvaeus said they hoped audiences would “feel that they’ve gone through something that they’ve never seen before.” Following its May 27 debut, much of the reaction from domestic and …

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These countries are looking beyond GDP and economic growth

“The need for a new economic model has never been clearer,” Scotland’s First Minister Nicola Sturgeon told CNBC. “Which I think is why we’re seeing such growing interest in the well-being economy approach, both here in Scotland and around the world.” Jane Barlow – Pa Images | Pa Images | …

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Meat bans and ‘un-Brexit’? One bank’s ‘outrageous’ 2023 predictions

Meat bans, soaring gold prices and Britain voting to ‘un–Brexit’ could be on the cards for 2023, according to Saxo’s Outrageous Predictions. Bloomberg / Contributor / Getty Images Saxo Bank’s “outrageous predictions” for 2023 include a ban on meat production, skyrocketing gold prices and Britain voting to “un-Brexit.” The Danish …

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Porsche starts production of e-fuel that could provide gas alternative

Barbara Frenkel, member of the executive board for procurement at Porsche, (left) and Michael Steiner, member of the executive board for development and research fuel a 911 with e-fuel at a pilot plant, Punta Arenas, Chile. Porsche AG Porsche and several partners have started production of a climate-neutral “e-fuel” aimed …

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The EU agreed to limit gas prices, but some analysts are skeptical

Pipes run along a technical facility for compressing natural gas on the site of astora GmbH’s Rehden natural gas storage facility, the largest in Western Europe. Picture Alliance | Picture Alliance | Getty Images The European Union Monday concluded two months of heated talks over how to protect households from …

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European Union approves cap on natural gas prices

Environmental campaigners argue the risk of sabotage or an accident makes fossil infrastructure a “ticking time bomb.” Lisi Niesner | Reuters European Union energy ministers agreed to a “dynamic” cap on natural gas prices Monday after two months of intense negotiations. Introducing a limit on gas prices has proved controversial …

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