Panama Canal administrator hopes traffic normalizes by February 2025
Traffic through the Panama Canal could return to normal by next February, its administrator said, after record-low water levels limited the number of ships able to transit through the global pipeline.
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Turkey's central bank hikes rate to 50% as inflation rises
Turkey's central bank hiked its key interest rate on Thursday, resuming its tightening cycle as one of the world's highest inflation rates rose again last month.
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Switzerland kickstarts rate cuts for major central banks
The Swiss National Bank on Thursday became the first major central bank to cut interest rates after a sustained period of hikes to combat soaring inflation, with all eyes on when the US Federal Reserve will follow suit.
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Turkey's central bank hikes interest rate to 50%
Turkey's central bank hiked its key interest rate on Thursday, resuming its tightening cycle as one of the world's highest inflation rates rose again last month.
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Russia targets Kyiv after Putin vows revenge for border strikes
Russia fired more than 30 missiles at Kyiv early Thursday, the largest attack on the Ukrainian capital in weeks after Russian President Vladimir Putin vowed retribution for escalating strikes on Russia's border regions.
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Stock markets rally as more rate cuts eyed
European and Asian stock markets largely rallied Thursday following fresh record-highs for Wall Street as investors cheered the prospect of cuts to US interest rates.
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Separatist leader Puigdemont eyes return to Spain as Catalan vote looms
Catalan separatist leader Carles Puigdemont is to unveil Thursday his plans for Catalonia's snap May election, a move that could bring forward his return home after years of self-imposed exile.
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US urges 'immediate' ceasefire at UN as Gaza war grinds on
The United States has circulated for the first time a draft UN resolution calling for an "immediate" ceasefire in the Israel-Hamas war, as warnings grow of famine in besieged Gaza.
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Switzerland becomes first developed economy to cut interest rate
The Swiss National Bank cut interest rates on Thursday -- the first to do so among the major central banks, saying the battle against inflation was working almost two years after launching its monetary tightening campaign.
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Gordon had 'tunnel-vision' for England dream despite Scotland interest
Anthony Gordon said a switch of international allegiance to Scotland was never an option after realising a childhood dream of being called up to the England squad for the first time.
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