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US growth slows in 2022 as downturn fears loom
US growth slows in 2022 as downturn fears loom
by  AFP

The US economy grew at a slower pace in 2022, the Commerce Department said Thursday, as activity eased in the final months of the year and recession fears loomed. Against this backdrop, the world's largest economy expanded 2.1 percent for all of 2022, down from the figure in 2021, according to Commerce Department data.

Cyprus workers strike over stalled cost-of-living talks
Cyprus workers strike over stalled cost-of-living talks
by  AFP

A general strike Thursday paralysed Cyprus for three hours, affecting schools, hospitals, government services and the private sector, as labour unions demand wages be adjusted to decades-high inflation rates. The unions, representing more than 70,000 employees in the public and private sector, declared a three-hour strike from midday (1000 GMT) and staged protests across Cyprus.

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