Paris climate summit hears calls for world finance 'transformation'
The leaders of France and Barbados joined forces on Thursday to push for an overhaul of the international financial system at a summit aimed at charting a fresh approach to tackling poverty and climate change.
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Turkey nearly doubles interest rate in Erdogan policy U-turn
Turkey's central bank on Thursday reversed years of unconventional economics promoted by President Recep Tayyip Erdogan and nearly doubled its key interest rate to fight inflation and steady the troubled lira.
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CAS sets date for appeals over Valieva doping exoneration
The Court of Arbitration for Sport on Thursday set a date for hearing appeals that followed the exoneration of Russian figure skating prodigy Kamila Valieva for a positive dope test.
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King Charles and Queen Camilla celebrate first Royal Ascot winner
King Charles III along with his wife Queen Camilla recorded his first win at Royal Ascot since he succeeded his late mother Queen Elizabeth II as Desert Hero won the King George V Stakes on Thursday.
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Biden calls religious pluralism 'core principle' for India, US
President Joe Biden on Thursday called religious freedom a "core principle" for India and the United States, in a gentle nudge as he welcomed India's Hindu nationalist prime minister, Narenda Modi.
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Bolsonaro faces political ban as Brazil trial opens
Ex-president Jair Bolsonaro faced an eight-year ban on running for office as Brazil's top electoral court began trying the far-right leader Thursday over his unproven allegations against the voting system during last year's elections.
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US home sales tick up in May but activity muted
Sales of existing homes in the United States edged up in May but activity remained muted on tighter supply and with interest rates still elevated, according to industry data released Thursday.
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Cash-strapped Pakistan to lease part of Karachi port to UAE for $220 million
AD Ports Group of the United Arab Emirates (UAE) signed an agreement Thursday to take over the running of part of Pakistan's main Karachi docking facility in a deal worth an immediate $220 million, the company said.
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Stock markets fall as central banks hike rates
Stock markets retreated Thursday as a clutch of central banks in Europe hiked interest rates again to combat persistently high inflation.
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US Fed official says more rate hikes necessary
A senior US Federal Reserve official said Thursday that additional interest rate hikes are needed to tackle historically high inflation.
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