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19848 articles published since 08 Mar 2022

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Stockton Rush, Titanic sub's deep-sea 'daredevil'
Stockton Rush, Titanic sub's deep-sea 'daredevil'
Business and Economy

Deep-sea thrill-seeker Stockton Rush founded OceanGate in 2009 with the hopes of advancing submersible vehicle technology and taking travelers into the darkest depths of the ocean. Rush has downplayed the risk of going to the depths of the ocean, saying that he was more concerned by the unexpected.

UK unveils $3bn backing for Ukraine reconstruction
UK unveils $3bn backing for Ukraine reconstruction
Business and Economy

The UK will back Ukraine's economy to the tune of $3 billion over the next three years while it fights back against Russian forces, Prime Minister Rishi Sunak announced on Tuesday. Downing Street said Ukraine's GDP has taken a 29-percent hit since the start of the invasion in February last year, with Russia targeting the economy as well as its towns and cities.

Erdogan ally points to 'painful' Turkish rate hike
Erdogan ally points to 'painful' Turkish rate hike
Business and Economy

Turkish President Recep Tayyip Erdogan's influential partner in his ruling coalition warned Tuesday the government needs to take "painful" economic recovery measures that include interest rate hikes. Both have promoted conventional policies that include interest rate hikes to combat inflation -- the opposite of the approach long backed by Erdogan.

EU proposes 50 bn-euro package to support Ukraine
EU proposes 50 bn-euro package to support Ukraine
Business and Economy

Brussels on Tuesday asked EU member states to back a 50-billion-euro ($55 billion) package to support Ukraine over the next four years, as part of a boost to the bloc's budget. As part of its budget review, Brussels is also asking for 15 billion euros more to help manage immigration and 10 billion euros to subsidise key industries.

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