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Fed's rate freeze intensifies uncertainty over U.S. monetary policy amid renewed Mideast tensions: BOK

SEOUL, July 30 (Yonhap) -- The U.S. Federal Reserve's decision to leave interest rates unchanged in a split vote has heightened uncertainty over the future path of U.S. monetary policy, while persistent Middle East tensions continue to pose risks to financial markets, the Bank of Korea (BOK) said Thursday.

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BMW to cut 8,000 jobs – media

German auto giant BMW is planning to slash some 8,000 jobs globally by the end of 2027, according to several news media outlets, including Reuters and Bloomberg. German workers are expected to be particularly affected as the manufacturer is dealing with high production costs in Europe, as well as plunging sales in C…

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Amnesty: India sent 2,596 arms shipments to Israel during genocide in Gaza

Indian state-owned and private companies shipped at least 2,596 consignments comprising hundreds of thousands of arms, ammunition and military components to Israel during the genocide in Gaza, a new Amnesty International report has revealed. The shipments, sent between 7 October 2023 and 30 November 2025, included m…

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