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UK inflation rate falls below target to 1.7%

UK inflation slid to its lowest level since April 2021 last month and below the Bank of England’s 2 per cent target, increasing the chances of an imminent cut to interest rates. The rate of price growth in the UK…

China’s central bank conducts reverse repos Wednesday

BEIJING, Oct. 9 (Xinhua) — China’s central bank conducted 61 billion yuan (about 8.64 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.5 percent Wednesday. The move aims to keep liquidity in the banking system reasonable…

Dockworkers strike suspended, the union says

A historic United States port strike has been suspended and a tentative agreement was reached “on wages,” according to the International Longshoremen’s Association and the U.S. Maritime Alliance. “Effective immediately, all current job actions will cease and all work covered…

MDCAT chaos

THE MDCAT has yet again found itself embroiled in controversy. Allegations of paper leaks, cheating, and widespread mismanagement continue to cast doubt on the credibility of the exam, which determines entry into the nation’s top medical and dental schools. In…

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