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Fed Governor Waller says he is ‘leaning toward’ a December rate cut, but worries about inflation

Federal Reserve Governor Christopher Waller speaks during The Clearing House Annual Conference in New York City on Nov. 12, 2024. Brendan Mcdermid | Reuters Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind. “Based on…

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Kosovo arrests eight linked to canal explosion as tensions with Serbia rise

Kosovo’s interior minister, Xhelal Sveçla, said on Saturday that police had arrested eight people after an explosion hit a canal that sends water to its two main power plants, an incident Pristina labelled a “terrorist act” by neighbouring Serbia. Serbia’s president, Aleksandar Vučić, denied what he said were “baseless accusations” about Belgrade’s involvement in the…

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‘Treating workers like robots’: Woolworths blamed for empty supermarket shelves as warehouse strikes continue

Woolworths bears responsibility for the empty shelves seen in supermarkets across parts of Australia by attempting to treat workers like “robots”, the head of the Australian Council of Trade Unions has said, as a strike of warehouse workers extends into a second week. Up to 1,500 employees began rolling 24-hour strikes on 21 November in…

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Ireland goes to polls with three parties neck and neck

Ireland goes to the polls on Friday with voters expected to choose either a second term for the incumbent centre-right coalition or a left-leaning rainbow coalition led by a resurgent Sinn Féin, the former political wing of the IRA. Opinion polls show a dead heat, with the two main government parties – Fine Gael, led…

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Spain introduces paid climate leave after deadly floods

Spain’s leftwing government has approved “paid climate leave” of up to four days to allow workers to avoid travelling during weather emergencies, a month after floods killed at least 224 people. Several companies came under fire after the 29 October catastrophe for ordering employees to keep working despite a red alert issued by the national…