WASHINGTON—The U.S. imposed new export restrictions on advanced semiconductors and chip-manufacturing equipment Friday in an effort to prevent American technology from advancing China’s military power. The rules will require U.S.…

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EU Likely to Approve G-7 Cap on Russian Oil Price in Two Steps

October 5, 2022

BERLIN—The European Union is advancing work on a price cap for Russian oil under an approach that keeps the U.S.-led effort on track, but holds off on final approval. EU…

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U.K. Seeks to Calm Investors Over Clash Between Inflation Fight and Truss Tax Cuts

September 28, 2022

The U.K. government, after a punishing week for the pound and bond market in London, tried Tuesday to reassure investors that it is working to better coordinate with the Bank…

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U.K.’s Sweeping Tax Cuts Send Pound Tumbling, Bond Yields Higher

September 23, 2022

LONDON—The British government Friday unveiled the country’s biggest tax cuts since the early 1970s, a bold move aimed at kick-starting growth at a time of global economic turmoil but one…

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Bank of England Is Latest Central Bank to Raise Rates Following Fed Increase

September 22, 2022

LONDON—Central banks and governments around the world moved to increase interest rates or support their currencies after the Federal Reserve raised rates and signaled that they would remain high for…

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Russia’s Vladimir Putin Says China’s Xi Jinping Has Raised Concerns on Ukraine War

September 15, 2022

Russian President Vladimir Putin said he sought to address Beijing’s concerns Thursday about the Ukraine war in his first meeting with Chinese leader Xi Jinping since the start of the…

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Households a Wild Card as Europe Moves to End Russian Gas Dependence

September 15, 2022

COLOGNE, Germany—A painful push by businesses to cut their natural-gas use is bringing Europe closer to its goal of weaning itself off Russian energy. Getting consumers to follow suit might…

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China’s Xi and Russia’s Putin Seek to Counter West in First In-Person Meeting Since Ukraine War Began

September 13, 2022

The first in-person meeting between Xi Jinping and Vladimir Putin since the start of the Ukraine war is expected to include discussions between the two leaders on how to deepen…

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France, Germany and Other EU Countries Pledge to Advance Minimum Tax

September 9, 2022

France, Germany and three other European Union countries said they would press ahead with the implementation of a 15% minimum tax on large companies as soon as next year, despite…

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U.K. Prime Minister to Announce Energy Bailout Funded by Borrowing

September 7, 2022

During her first appearance as prime minister in the House of Commons on Wednesday, Ms. Truss promised her government would help British households and businesses struggling with high inflation and…

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U.S. Restricts Semiconductor Exports in Bid to Slow China’s Military Advance

EU Likely to Approve G-7 Cap on Russian Oil Price in Two Steps

U.K. Seeks to Calm Investors Over Clash Between Inflation Fight and Truss Tax Cuts

U.K.’s Sweeping Tax Cuts Send Pound Tumbling, Bond Yields Higher

Bank of England Is Latest Central Bank to Raise Rates Following Fed Increase

Russia’s Vladimir Putin Says China’s Xi Jinping Has Raised Concerns on Ukraine War

Households a Wild Card as Europe Moves to End Russian Gas Dependence

China’s Xi and Russia’s Putin Seek to Counter West in First In-Person Meeting Since Ukraine War Began

France, Germany and Other EU Countries Pledge to Advance Minimum Tax

U.K. Prime Minister to Announce Energy Bailout Funded by Borrowing

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