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China rate cut, European stimulus hints lift markets
World stock markets and oil prices rallied on Friday, fueled by hopes for global growth after China rolled out a surprise interest rate cut and the European Central Bank indicated it would step up asset purchases to boost the euro zone economy.
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Prospects rise for a 2015 U.N. climate deal, but likely to be weak
A global deal to combat climate change in 2015 looks more likely after promises for action by China, the United States and the European Union, but any agreement will probably be too weak to halt rising temperatures.
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U.S. Biden voices support for Ukraine, denounces Russia's Putin
U.S. Vice President Joe Biden on Friday condemned Russia's behavior in Ukraine as "unacceptable" and urged Moscow to abide by a September peace deal and pull military forces out of the country.
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China rate cut, ECB stimulus hopes boost world markets
World stock markets and oil prices rallied Friday, fueled by hopes for global growth following a surprise rate cut by China and as the European Central Bank indicated it would step up its asset purchases to boost the euro zone economy.
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China commits $45.6 billion for economic corridor with Pakistan
The Chinese government and banks will finance Chinese companies to build $45.6 billion worth of energy and infrastructure projects in Pakistan over the next six years, according to new details of the deal seen by Reuters on Friday. The Chinese companies will be able to operate the projects as profit-making entities, according to the deal signed by Prime Minister Nawaz Sharif during a visit to China earlier this month
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Russia warns U.S. against arms to Ukraine as Biden due in Kiev
Russia warned the United States on Thursday against supplying arms to Ukrainian forces fighting pro-Russian separatists in eastern Ukraine, hours before U.S. Vice-President Joe Biden was due to arrive in Kiev.
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NATO scrambles jets 400 times in 2014 as Russian air activity jumps
NATO warplanes have had to scramble 400 times this year in response to an increase in Russian air activity around Europe not seen since the Cold War, the alliance's chief said on Thursday.
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Ukraine peace outlook is bleak: OSCE official
Prospects for peace in eastern Ukraine are "bleak", underscoring the need to uphold a shaky ceasefire between government forces and pro-Russian separatist rebels, a senior official from the OSCE security watchdog said on Thursday
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