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US Fed begins two-day meeting set to end with rate cut
US Fed begins two-day meeting set to end with rate cut
by  AFP

The US Federal Reserve began a two-day interest rate discussion on Tuesday that is all-but-certain to end with its first cut since March 2020, as inflation continues to ease. A rate cut of any size would support US consumers, who are feeling the effect of interest rates at a 23-year high of between 5.25 and 5.50 percent, impacting the cost of borrowing on everything from mortgages to car loans.

Electric cars overtake petrol models in Norway
Electric cars overtake petrol models in Norway
by  AFP

Electric cars now outnumber petrol models for the first time in oil-rich Norway, a world first that puts the country on track towards taking fossil fuel vehicles off the road.

Kremlin slams Meta ban on Russian state media as 'unacceptable'
Kremlin slams Meta ban on Russian state media as 'unacceptable'
by  AFP

Meta said it is banning Russian state media outlets from its apps around the world, prompting an angry reaction from the Kremlin on Tuesday. "After careful consideration, we expanded our ongoing enforcement against Russian state media outlets," Meta said on Monday in response to an AFP inquiry.

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