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US stocks fall, dollar gains as Fed unveils latest big rate hike

US stocks fall, dollar gains as Fed unveils latest big rate hike

Wall Street stocks tumbled and the dollar rallied Wednesday after the Federal Reserve announced another large interest rate increase and signaled it expects more monetary tightening ahead to fight inflation.

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Missing Ecuadoran lawyer found murdered, husband wanted

Missing Ecuadoran lawyer found murdered, husband wanted

A young woman lawyer was found murdered in Ecuador 10 days after going missing, the government said Wednesday, in the latest femicide in a country plagued by violence against women.

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Matsuyama-Scott face Schauffele-Cantlay to open Presidents Cup

Matsuyama-Scott face Schauffele-Cantlay to open Presidents Cup

Americans Xander Schauffele and Patrick Cantlay, both ranked in the world's top five, will face Masters winners Hideki Matsuyama and Adam Scott when the Presidents Cup tees off Thursday.

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UN raises funds to salvage stricken oil tanker off Yemen

UN raises funds to salvage stricken oil tanker off Yemen

The United Nations said Wednesday it has raised the $75 million necessary to salvage a stricken tanker off Yemen, an emergency operation aimed at averting a disastrous Red Sea oil spill -- and a potential $20 billion cleanup.

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New 007 to 'serve King and country' as producers vow to keep Bond 'fresh'

New 007 to 'serve King and country' as producers vow to keep Bond 'fresh'

The next James Bond will serve King and country -- but discussions with new 007 studio owner Amazon over the spy film franchise's future direction haven't really started, long-standing producer Barbara Broccoli said Wednesday.

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Fed hikes rates again, warns inflation fight can't be 'painless'

Fed hikes rates again, warns inflation fight can't be 'painless'

The Federal Reserve rolled out another steep increase in the key US interest rate Wednesday and said more hikes are coming as part of the battle to rein in soaring prices -- an aggressive stance that has raised fears of a recession.

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Biden lashes Putin as he backs UN reform

Biden lashes Putin as he backs UN reform

US President Joe Biden on Wednesday accused Russia of "shamelessly" violating the international order by invading Ukraine, as he pledged billions in food aid and backed an expansion of UN Security Council seats for the developing world.

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Scotland beat Ukraine to boost Nations League push

Scotland beat Ukraine to boost Nations League push

Scotland boosted their bid for Nations League promotion and gained a measure of revenge over Ukraine with a 3-0 win in Glasgow on Wednesday.

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As tiny Tuvalu sinks, PM fights to save the archipelago's identity

As tiny Tuvalu sinks, PM fights to save the archipelago's identity

The flag of Tuvalu contains nine yellow stars -- one for each of the islands that make up the tiny Pacific archipelago, home to some 11,000 people.

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US leads new pledges to fight child malnutrition

US leads new pledges to fight child malnutrition

The United States on Wednesday led pledges for $280 million to fight childhood malnutrition through the supply of ready-to-eat packets in nations suffering from acute food shortages.

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