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Bank of England’s inflation response ‘risks higher interest rates for longer’

Thinktank Niesr says timid rate rise last week likely to make inflation more persistent feature of UK economy The Bank of England is risking higher interest rates for longer after a hesitant response to rising inflation, according to leading thinktank. In a searing critique of the central bank’s tactics, the National Institute of Economic and Social Research (Niesr) said a timid increase in interest rates last week was likely to mean inflation staying above the Bank’s 2% target until at least 2030. Continue reading...

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Politics

Bank of England’s inflation response ‘risks higher interest rates for longer’

Thinktank Niesr says timid rate rise last week likely to make inflation more persistent feature of UK economy The Bank of England is risking higher interest rates for longer after a hesitant response to rising inflation, according to leading thinktank. In a searing critique of the central bank’s tactics, the National Institute of Economic and Social Research (Niesr) said a timid increase in interest rates last week was likely to mean inflation staying above the Bank’s 2% target until at least 2030. Continue reading...

The Guardian
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AMD Helion ships in November! Hon Hai, Quanta, and Wiwing all increased their sales, and the cooling supply chain was named

AMD's first batch of AMD Helion cabinets for enterprise AI agent layout will begin shipping in November. According to this article from Business Times […] AMD Helion to ship in November! Hon Hai, Quanta, and Wiwynn all increased their sales, and the cooling supply chain was named. The post appeared first on Chain News ABMedia.

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Zelenskiy says first day of trilateral peace talks in Ukraine was "constructive"

High-level talks between Ukraine, Russia, and the United States aimed at ending the war in Ukraine took place on the 10th in Abu Dhabi, the capital of the United Arab Emirates (UAE). This is the first day of the 2 day itinerary. Ukrainian President Volodymyr Zelenskiy did not attend, but said it was "constructive and quite substantive."

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International

Zelenskiy says first day of trilateral peace talks in Ukraine was "constructive"

High-level talks between Ukraine, Russia, and the United States aimed at ending the war in Ukraine took place on the 10th in Abu Dhabi, the capital of the United Arab Emirates (UAE). This is the first day of the 2 day itinerary. Ukrainian President Volodymyr Zelenskiy did not attend, but said it was "constructive and quite substantive."

BBC News
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US Army soldier arrested in UK on suspicion of being a Russian spy

The 41-year-old soldier is currently being investigated in London on suspicion of violating national security laws.

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Tigray displaced families fear renewed war as hopes of returning home fade

Displaced families face renewed uncertainty as fighting returns to Tigray.

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US Army soldier arrested in UK on suspicion of spying for Russia

British anti-terrorism police announced on the 10th that they had arrested a US Army soldier on suspicion of spying for Russia. According to information obtained by the BBC, the soldier was stationed at Imdin Barracks in Innsworth, Gloucestershire. This barracks is the headquarters of the North Atlantic Treaty Organization's (NATO) Allied Rapid Response Command (ARRC) and serves as NATO's strategic operations base.

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International

US Army soldier arrested in UK on suspicion of spying for Russia

British anti-terrorism police announced on the 10th that they had arrested a US Army soldier on suspicion of spying for Russia. According to information obtained by the BBC, the soldier was stationed at Imdin Barracks in Innsworth, Gloucestershire. This barracks is the headquarters of the North Atlantic Treaty Organization's (NATO) Allied Rapid Response Command (ARRC) and serves as NATO's strategic operations base.

BBC News
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Britain willing to discuss paying into EU to join electricity market, says minister

Hamish Falconer says UK has ‘not accepted principle’ of linking electricity trade to ‘cohesion fund’ but two sides will discuss issue Britain is willing to discuss paying towards infrastructure schemes in poorer parts of the EU in return for access to the European electricity market, according to the minister in charge of renegotiating the bilateral relationship. Hamish Falconer, the cabinet minister in charge of EU talks, told the Guardian he was sure the two sides would discuss the issue after this month’s summit, as ministers look to deepen ties with the union over the next few years. Conti

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Politics

Britain willing to discuss paying into EU to join electricity market, says minister

Hamish Falconer says UK has ‘not accepted principle’ of linking electricity trade to ‘cohesion fund’ but two sides will discuss issue Britain is willing to discuss paying towards infrastructure schemes in poorer parts of the EU in return for access to the European electricity market, according to the minister in charge of renegotiating the bilateral relationship. Hamish Falconer, the cabinet minister in charge of EU talks, told the Guardian he was sure the two sides would discuss the issue after this month’s summit, as ministers look to deepen ties with the union over the next few years. Conti

The Guardian
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Call it tough love, with the love removed: it’s Kemi’s war on benefits claimants

The Tory leader outlines her £36bn welfare cuts, again, to an audience of an age and a wealth that they don’t need to work Call it tough love. Only without any of the love bit. Let’s face it. There comes a time in every Conservative politician’s life when you have to say enough is enough. That it’s just not fair on the rest of us. Now, MPs might just have enjoyed a five-day mini-recess, but they deserve every minute’s free time they get. Because they clearly work far harder than everyone else. But on a Tuesday morning it sticks in the throat to think of people lying around at home, being paid

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Politics

Call it tough love, with the love removed: it’s Kemi’s war on benefits claimants

The Tory leader outlines her £36bn welfare cuts, again, to an audience of an age and a wealth that they don’t need to work Call it tough love. Only without any of the love bit. Let’s face it. There comes a time in every Conservative politician’s life when you have to say enough is enough. That it’s just not fair on the rest of us. Now, MPs might just have enjoyed a five-day mini-recess, but they deserve every minute’s free time they get. Because they clearly work far harder than everyone else. But on a Tuesday morning it sticks in the throat to think of people lying around at home, being paid

The Guardian
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Claude chatbot maker set for $1.3tn stock market debut despite 'catastrophic' AI warning

The AI company behind the Claude chatbot will offer its shares at between $70 and $78, which is lower than what was expected.

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US inflation rose 0.4% in October as price increases cooled and gas costs dipped

New data comes after Republicans’ midterms losses – which were largely seen as a rebuke of the party over high prices US inflation rose 0.4% from September to October, slightly above expectations but still a cooldown in price increases as the cost of gas dipped during the month. The Bureau of Labor Statistics did not release the usual year-over-year inflation figure as part of the consumer price index (CPI), which measures the price of a basket of goods and services, as data was not collected in October 2025 during the government shutdown. Continue reading...

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Finance

US inflation rose 0.4% in October as price increases cooled and gas costs dipped

New data comes after Republicans’ midterms losses – which were largely seen as a rebuke of the party over high prices US inflation rose 0.4% from September to October, slightly above expectations but still a cooldown in price increases as the cost of gas dipped during the month. The Bureau of Labor Statistics did not release the usual year-over-year inflation figure as part of the consumer price index (CPI), which measures the price of a basket of goods and services, as data was not collected in October 2025 during the government shutdown. Continue reading...

The Guardian
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