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G7 moves closer to seizing Russian assets for Ukraine
US discussion paper argues confiscating some of Moscow’s $300bn ‘consistent with international law’
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MPs flag ‘serious reservations’ over new BBC chair
Report expresses concerns about Samir Shah’s ‘ability to provide robust challenge’ the corporation’s leadership requires
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Jay Powell’s festive giveaway to investors
Fed chair has ‘out-doved’ the market and raised expectations of rate cuts
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UK investors load up on gilts and passive funds in 2023
Surge in buying of government bonds as inflation rose
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US stocks head for longest weekly winning streak in six years
Rally since late October follows strong earnings and a dovish message from the Federal Reserve
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Top Fed official says talk of March interest rate cut is ‘premature’
John Williams, an ally of US bank chair Jay Powell, says policy could still be tightened if progress on inflation stalls
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The EU still has an Orbán problem
But defeat for the Hungarian premier on Ukraine’s future membership shows his ability to disrupt could be waning
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Leading tanker company warns it may divert from Red Sea trade route
Maersk Tankers seeks option to sail around Africa instead to avoid spate of attacks on merchant ships
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