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ECB to hike rates again, but outlook brightens
ECB to hike rates again, but outlook brightens
by  AFP

The European Central Bank is expected to push on with its inflation fight Thursday with a fresh rate hike, even as signs grow the eurozone might have passed the worst of an economic shock. But ECB president Christine Lagarde has repeatedly stressed rates will continue to rise at a steady pace, and the bank is expected to agree on a 50-basis point hike Thursday.

Top Republican to meet Biden on avoiding US debt default
Top Republican to meet Biden on avoiding US debt default
by  AFP

Top Republican Kevin McCarthy said he would meet Wednesday with Joe Biden to discuss avoiding a US debt default, but warned the president must rethink his refusal to consider spending cuts in exchange for raising the borrowing limit.

S.Africa not ditching coal 'just like that', Ramaphosa cautions
S.Africa not ditching coal 'just like that', Ramaphosa cautions
by  AFP

Coal-rich but energy-starved South Africa will not immediately abandon its fossil-fuelled electricity generating plants as it transitions to cleaner forms of power, President Cyril Ramaphosa said Sunday. South Africa, one of the world's largest polluters which generates about 80 percent of its electricity through coal, is in the grip of an energy crisis.

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