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Reuters World News: China Covid surge, Peru chaos, Ukraine slams Russian troops, Puerto Rico vote, World Cup: Argentina-France final

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A screen on the trading floor of the New York Stock Exchange shows Federal Reserve Chairman Jerome Powell during a news conference on December 14, 2022.REUTERS/Andrew Kelly

Global Shares slipped for the second day As major central banks make their final policy decisions for the year, the fed Indicated that it expects interest rates to remain elevated for longer.

European Central Bank will raise interest rates Today marks the fourth consecutive meeting, albeit fewer than the previous two, while Ninth rate hike in a row A rate cut by the Bank of England appears to be a foregone conclusion.

Germany is bleeding to stay afloat. Nearly $500 billion and counting, since the war in Ukraine pushed it into an energy crisis nine months ago. That is the cumulative size of bailouts and programs the Berlin government has rolled out to shore up the country’s energy system since prices soared and the loss of gas supplies from top supplier Russia, according to Reuters calculations.

The SEC votes to propose some of the largest Changes in the structure of the U.S. stock market For nearly two decades, the aim was to increase transparency and fairness while increasing competition for individual investor stock orders.

U.S. senators put pressure on Congress Regulate cryptocurrencies Lawmakers scramble after prosecutors to rein in struggling industry under existing financial rules initiate criminal proceedings Against FTX founder Samuel Bankman-Fried.

Tesla boss Elon Musk Another $3.6 billion in stock sales disclosedwhose total fortune is approaching $40 billion this year, has frustrated investors as the company’s shares have fallen to two-year lows.

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