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Trump says Russia abandoned Syria’s Assad, never should have been involved

(Reuters) – U.S. President-elect Donald Trump said on Sunday that Russia’s abandonment of Syrian President Bashar al-Assad led to his downfall, adding Moscow never should have protected him in the first place and then lost interest because of a war in Ukraine that never should have started. “Assad is gone. He has fled his country. …

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China’s inflation weakens as new risks cloud horizon

BEIJING (Reuters) -China’s consumer inflation hit a five-month low in November as fresh food prices pulled back while factory deflation persisted, suggesting Beijing’s recent efforts to shore up faltering economic demand are having only limited impact. The world’s second-largest economy is bracing for likely fresh tariffs from a second Donald Trump White House and still …

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Japan revises Q3 GDP higher, keeps alive BOJ rate-hike expectations

By Satoshi Sugiyama and Leika Kihara TOKYO (Reuters) -Japan’s economy expanded in July-September at a faster pace than initially reported thanks to upward revisions in capital investment and exports, keeping alive market expectations for a near-term interest rate hike by the central bank. But a downward revision on consumption underscores the fragile nature of the …

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Australia’s Woolworths hikes worker wages to resolve strike action, shares gain

By Adwitiya Srivastava (Reuters) -Australia’s top grocer Woolworths said on Monday it has reached an agreement with industrial union workers to increase wages, resolving the strike action that had been affecting store service levels at Woolworths supermarkets across Australia. Hundreds of workers joined forces last month to go on an indefinite strike in retaliation against …

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Soccer-Chelsea stage comeback win at Tottenham to go second, Arsenal drop points

LONDON (Reuters) -Chelsea staged a remarkable comeback to beat Tottenham Hotspur 4-3 and move four points behind Premier League leaders Liverpool but Arsenal dropped points in the title race on Sunday. Enzo Maresca’s Chelsea side were 2-0 down after 11 minutes at their London rivals but hit back in thrilling style with the instrumental Cole …

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