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UK inflation jump puts Bank of England back in spotlight on rates

Chris Ratcliffe | Bloomberg | Getty Images Mark Carney, governor of the Bank of England (BOE). The BoE said last month it expects inflation to reach about 3 percent in October, much of it due to the fall in the value of the pound since the Brexit vote. However, a …

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US adds launchers to THAAD as dozens hurt in South Korea protests

Jung Yeon-Je | Getty Images A South Korean protestor holds up a placard reading ‘No THAAD!’ during a rally against the deployment of the US Terminal High Altitude Area Defense (THAAD) system near the presidential Blue House in Seoul on July 31, 2017. In the rural town of Seongju, thousands …

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EU court dismisses Hungary, Slovak case against taking refugees

Milos Bicanski | Getty Images Frontex police escort migrants, who are being deported from Lesbos, onto a ferry before it returns to Turkey on April 4, 2016, in Lesbos, Greece. The European Union’s top court dismissed complaints on Wednesday by Slovakia and Hungary about EU migration policy, upholding Brussels’ right …

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Google still a ‘wonderful’ company, says EU’s top antitrust enforcer after $2.7 billion fine

Francois Lenoir | Reuters European Competition Commissioner Margrethe Vestager holds a news conference at EU Commission headquarters in Brussels, July 14, 2016. Google is still very much a force for good and has many positive attributes, according to the EU’s competition commissioner who slapped the tech giant with a $2.7 …

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Greece hopes for debt relief as bailout program enters final 12 months

Alkis Konstantinidis | Reuters Greek Prime Minister Alexis Tsipras looks on during a parliamentary session before a budget vote in Athens, Greece, December 10, 2016. Greece wants nothing more than to avoid another bailout — which means it needs debt relief. And so far, that’s the sticking point. “There is …

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No ‘decisive progress’ in third round of Brexit talks, top EU negotiator says

Jasper Juinen | Bloomberg | Getty Images Michel Barnier during a news conference after a meeting of EU finance ministers at the European Council headquarters in Brussels, Belgium. The European Union’s chief Brexit negotiator has lamented a lack of developments in the third round of Brexit negotiations, saying that no …

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Theresa May is in Japan to talk trade, but she can’t give Tokyo what it really wants

Carl Court-Pool | Getty Images Britain’s Prime Minister, Theresa May, sits with Japan’s Prime Minister, Shinzo Abe as they attend a Japan-UK Business Forum on August 31, 2017 in Tokyo, Japan. British Prime Minister Theresa May is in Tokyo this week, actively attempting to assuage fears that Japanese business leaders …

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It’s time to ‘really start negotiating,’ says European Parliament chief for Brexit

Dursun Aydemir | Anadolu Agency | Getty Images Chief negotiator for the European Union, Michel Barnier (R) and Secretary of State for Exiting the European Union, David Davis (L) hold a joint press conference during the second round of the Brexit negotiations in Brussels, Belgium on July 20, 2017. U.K. …

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Russia bailout stokes fears of a systemic banking crisis

Andrei Makhonin | Contributor A branch of Otkritie Bank, one of Russia’s biggest private lenders, in central Moscow. Some of Otkritie’s shareholders are connected to major state entities, a fact that prompted some analysts to believe it was too big and influential to be allowed to fail. The central bank …

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Belgian soldiers shoot dead knife attacker in Brussels

LAURIE DIEFFEMBACQ | AFP | Getty Images Policemen stand guard the Boulevard Emile Jacqmain – Emile Jacqmainlaan in the city centre of Brussels on August 25, 2017, where a man is alleged to have attacked soldiers with a knife and was shot. Belgian soldiers shot dead a man in the …

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