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In Bulgaria, villagers fret about euro introduction
In Bulgaria, villagers fret about euro introduction
by  AFP

In Bilyana Nikolova's grocery store in Chuprene, a village in northwestern Bulgaria, prices are now displayed in levs and euros on hundreds of food products and other items. But in small villages across Bulgaria concerns are running high that the euro will mean higher prices.

Delayed US data expected to show solid growth in 3rd quarter
Delayed US data expected to show solid growth in 3rd quarter
by  AFP

The US economy is expected to post another solid economic growth reading Tuesday, but the much-delayed figures likely will not settle debate on the labor market, AI and other variables. Forecasters expect Tuesday's third-quarter gross domestic product (GDP) report to show 3.2 percent growth, according to consensus estimates from MarketWatch and Trading Economics.

Asian markets rally again as rate cut hopes bring Christmas cheer
Asian markets rally again as rate cut hopes bring Christmas cheer
by  AFP

Equities extended a global rally Tuesday, while gold and silver hit fresh records as optimism for more US interest rate cuts and an easing of AI fears helped investors prepare for the festive break on a positive note. Precious metals were also pushing ever higher on the back of expectations for more US rate cuts, which makes them more attractive to investors.

Right wing urges boycott of iconic Brazilian flip-flops
Right wing urges boycott of iconic Brazilian flip-flops
by  AFP

Prominent figures on Brazil's right wing are calling for a boycott of Havaianas, the iconic Brazilian flip-flop sandals, over an ad seen as taking sides ahead of next year's presidential elections. I've seen many foreigners wearing this Brazilian flag on their feet... but I'm sorry, I'm going to throw these flip-flops in the trash," says the US-based, former Brazilian lawmaker.

Outcry follows CBS pulling program on prison key to Trump deportations
Outcry follows CBS pulling program on prison key to Trump deportations
by  AFP

The leadership of CBS News was facing accusations of political meddling on Monday over a last-minute decision to not air a report on the notorious Salvadoran prison where US President Donald Trump has sent deported migrants. CBS, which was purchased by the Trump-linked Ellison family earlier this year, said that the prison report needed "additional reporting."

Billionaire Ellison offers personal guarantee for son's bid for Warner Bros
Billionaire Ellison offers personal guarantee for son's bid for Warner Bros
by  AFP

Oracle tech tycoon Larry Ellison is offering a $40.4 billion personal guarantee to back Paramount's hostile bid for Warner Bros. But Warner Bros last week described the Paramount offer as risky, saying it was backed by "an unknown and opaque revocable trust" and involved "no Ellison family commitment of any kind."

EU slams China dairy duties as 'unjustified'
EU slams China dairy duties as 'unjustified'
by  AFP

Brussels hit back Monday at China slapping duties of up to 42.7 percent on some dairy products from the European Union, calling the move "unjustified". The "duty deposits", which range from 21.9 percent to 42.7 percent, come into effect on Tuesday.