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China delays release of economic data during key political meeting
China said Monday it will delay the release of economic growth figures, as the country's leadership gathers for a meeting set to hand President Xi Jinping a historic third term in office.
France braces for nationwide strike amid fuel shortage tensions
France on Monday braced for nationwide transport strike actions as the government and unions remained in deadlock over stoppages at oil depots that have sparked fuel shortages. Leftist unions CGT and FO have called for a nationwide strike Tuesday for higher salaries, and against government requisitions of oil installations, threatening to cripple public transport in particular.
Hungry elephants, Cameroon farmers struggle to coexist
Banana growers on the edge of a giant national park on Cameroon's Atlantic coast say they can take no more crop destruction from hungry elephants as the conflict between man and animal escalates. Most of the crop destruction is recorded near protected wildlife reserves.
Saudi defends oil policy in face of US charges
Saudi Arabia has rejected US accusations of aligning itself with Russia amid the Ukraine war by making oil production cuts to drive up crude prices, insisting it was purely a business decision. The Saudi-led OPEC+ cartel -- which includes Russia -- has angered Washington by deciding to cut production by two million barrels per day from November, adding further pressure on soaring crude prices.
BTS to fulfil military service obligations, agency says
The members of the K-pop supergroup BTS will enlist in the military, their agency said Monday, putting an end to a years-long debate on whether the stars deserved exemptions from mandatory service. Exemptions from military service are granted to some elite athletes, such as Olympic medallists, and to classical musicians -- but pop stars do not qualify.
Credit Suisse to pay $495 mn in US to settle securities case
Credit Suisse said Monday it would pay $495 million to settle a row over mortgage-backed securities dating back to the 2008 financial crisis. Last year, Credit Suisse also paid $600 million to financial guarantee insurer MIBA to settle other long-running litigation connected to the US subprime mortgage crisis.
UK brings forward fiscal measures after budget turmoil
Britain's new finance minister Jeremy Hunt will unveil tax and spending measures later Monday, bringing forward part of his fiscal plan to calm markets after a botched debt-fuelled budget.
Russian 'kamikaze drones' strike Kyiv: Ukraine
Russian-launched "kamikaze drones" attacked Kyiv early Monday, the Ukrainian presidency said, describing the strikes as an act of desperation nearly eight months into a war that has claimed thousands of lives.
Portugal bets all on renewables after abandoning coal
As the UN steps up calls to make the switch to renewable energy to fight the global climate emergency, Portugal is among the first European Union countries to abandon coal. The UN's World Meteorological Organization called Tuesday for the world to double the supply of electricity from renewables by 2030 to prevent climate change from undermining global energy security.
AFP
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