Ukraine war briefing: Zelenskyy says war will ‘end sooner’ once Trump
enters White House
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US president-elect says the war has ‘got to stop’ as German chancellor
urges Putin to start talks with Kyiv in rare phone call. What we know on
day 997
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Policymakers in China, the world’s third largest economy behind the U.S. and EU, face their own set of tough choices. Rapid growth rate has fueled inflation that is running at a double-digit rate, according to analysts -- much higher than official targets. To contain inflation, Beijing has raised interest rates five times and lifted banks' reserve requirements nine times since October. If it clamps down too hard, though, a deeper economic slowdown could reverse China's efforts to lift hundreds of millions of people out of poverty.
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