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ECB's Lagarde slams 'coercive trade policies' in Beijing visit
ECB's Lagarde slams 'coercive trade policies' in Beijing visit
Economy
by  AFP

European Central Bank chief Christine Lagarde warned Wednesday that "coercive trade policies" risked harming supply chains and the global economy, and called for a de-escalation of a tariff standoff that has wiped billions off markets. She warned that protectionism risked "eroding the foundations of global prosperity".

UK expected to boost defence, health in major spending review
UK expected to boost defence, health in major spending review
Economy
by  AFP

Britain's Labour government will unveil its day-to-day spending and investment plans for the coming years on Wednesday, with big funding increases to defence and healthcare expected, along with cuts elsewhere. But the increased spending leaves other government departments facing funding squeezes.