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What the World Bank needs to do now
The institution must work with the private sector if we are to meet the challenges
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Italian central banker criticises hawkish ECB colleagues as rates rift widens
Ignazio Visco fears swift tightening to control inflation will damage ‘fragile economy’
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Fed’s dilemma over rate rises complicated by strong inflation
US central bank must thread needle between taming price pressures and stabilising financial system
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ECB increases rates by 0.5 percentage points
Eurozone’s rate-setters lift benchmark rate to 3%, but remove reference to further rises in borrowing
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US releases footage from drone intercepted by Russia over Black Sea
Moscow denies downing surveillance aircraft despite video showing fighter jet spraying it with fuel
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UK government offers lump sum and 5% pay rise to NHS workers
Unions consult members to decide whether to call off next week’s strike action
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‘It is not cut-throat like Goldman Sachs’: SVB’s culture in focus
Insiders say collapsed bank more closely resembled the start-ups it served than Wall Street rivals
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