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Ukraine's energy strikes hit Russians at the pump
Ukraine's energy strikes hit Russians at the pump
Business and Economy
by  AFP

Watching the price tick higher as he filled up his car, Russian pensioner Oleg railed against the recent surge in petrol prices, pushed higher by Ukrainian strikes on Russia's oil infrastructure. Over the summer, a wave of strikes hit processing capacity at several key facilities, pushing fuel prices higher and leading to shortages.

Asian stocks surge into weekend with US rate cut 'seemingly locked in'
Asian stocks surge into weekend with US rate cut 'seemingly locked in'
Business and Economy
by  AFP

Asian markets surged again Friday, tracking record highs across Wall Street, after US inflation and jobs data all but set in stone a Federal Reserve interest rate cut next week. A report last week revealed the economy added just 22,000 jobs in August, while revised data showed job growth was more than 900,000 fewer than previously reported in the year through March.