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Biden calls for 'fair' contract as threat of US auto strike looms
Biden calls for 'fair' contract as threat of US auto strike looms
by  AFP

President Joe Biden called on Monday for a "win-win" labor agreement between US car manufacturers and the United Auto Workers (UAW), weighing in as a potential strike looms next month. Many auto experts see a high likelihood of at least one company facing a strike this fall.

Russian central bank to meet on Tuesday as ruble tanks
Russian central bank to meet on Tuesday as ruble tanks
by  AFP

The Russian central bank said it would meet on Tuesday to discuss its key rate, after the ruble slid past 100 against the dollar Monday, its lowest level in over sixteen months. The central bank said it would meet Tuesday in a surprise meeting to consider the key rate, which was only recently hiked to a greater-than-expected 8.5 percent in July.

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