EUROPE SHUTS DOWN RUSSIAN GAS PIPELINE THROUGH UKRAINE




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Turkey's central bank implemented its first interest rate cut in almost two years on Thursday, lowering the key rate from 50% to 47.5% amidst ongoing double-digit inflation. The monetary policy committee cited improved "inflation expectations and pricing behavior" as reasons for the reduction, which is the first since February 2023.

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Following the devastation caused by Cyclone Chido in Mayotte earlier this month, France observed a national day of mourning on Monday. President Emmanuel Macron led the nation in a minute of silence to honor the storm's victims.




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Japanese auto giants Honda Motor and Nissan Motor are set to begin talks on a potential merger. This move aims to enhance their competitiveness against Tesla and other electric vehicle manufacturers, as reported by the newspaper Nikkei early Wednesday.
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