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Germany is introducing a 49 euro monthly transport ticket for this winter as a followup to the 9 euro transport scheme that was used in the summer months. This will enable users to travel at lower cost on short and long distance public transportation. A one-off payment for gas bills will be introduced for households and businesses in December.

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What will China look like in the future depends on Li Qiang as well as Xi Jinping. Li Qiang is a close associate of Xi Jinping, as his chief of staff in the early 2000's in Zhejiang province. At that time he interfaced with Chinese companies on investment and economic policies. This WSJ report looks at Li Qiang and how he could be a moderating influence on Xi and provide another perspective for business and economic policy in China. He is seen as having his own instincts on policy, believing in competition, yet deferring to president Xi on broader policy issues for the CCP and China. He replaces Li Keqiang who was sidelined by Mr. Xi as Xi formed his own team from his early days in the provincial governments in China. Some of these connections date back to the early days under Xi's father, Xi Zhongxun, who was one of the leaders in Yenan in the war against the Japanese and the encirclement efforts of the Nationalists against the Communist party local governments in the north during the 1930's. Xi's father was later one of the leaders in the 80's shaping the opening up of China to a market economy under premier Deng- a role not tackled by hardly any of China's leaders from the 1930's. In this sense both Xi's having taken on difficult roles in shaping China's recent history, with the younger Xi building his own team to chart a new path for China. ...

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Ordinary Americans are better off paying of their credit card debt, delaying mortgages for an house when house prices have surged and mortgage rates once 3% are now about 7%, and not borrowing money for a car, says this report in the WSJ. Savings habits that were popular in the pandemic are needed today because credit card debt is a pre-pandemic levels, and spending habits need restraint for household budgets facing high inflation.

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This report on Tory politics of the past 12 years looks back at how it has failed to bring upward mobility to British working families, widened disparities, and failed to make needed investments for the future for infrastructure and renewable energy. Mr. Sunak is seen as only the last of a series of prime ministers in a tired Tory party with internal divisions, that through its austerity policies has failed Britain and the aspirations of working families for a brighter future.

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US president Biden's plan for building back better, building an economy that works for America's working families is discussed here by Rev. Barber and Karen Dolan.

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Russian defense minister tells the Turkish defense minister that Russia will rejoin the UN arrangement for grain exports from Black Sea ports.

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Ben Gvir's Religious Zionism party sees a surge of support in Israeli elections to come in third place. Mr. Netanyahu's Likud bloc party leads with a majority of seats in parliament in Israeli elections.

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Mette Fredericksen's Social Democrats and her centre-left coalition gets a majority of the seats in parliament in Denmark's elections. She resigns and will now form a new centrist government. She says her party was elected to form a broad centrist government. Her party gained 50 seats. A new party started by Mr. Rasmussen gained 16 seats.

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The Russian economy will suffer a loss of about 7% of GDP in 2022. After 2023 over the next five year period Russia will feel the effects of a drop in energy demand as it tries to find markets to replace European demand. The shift to renewables will accelerate in future years and will affect the demand for Russian fossil fuel supplies.

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The C-295 aircraft manufacturing in Vadodara, Gujarat is part of a broader development of the Indian aircraft industry. Boeing, Lockheed and Airbus all have manufacturing operations in India. Other sites for the aircraft industry are in Bengaluru and Hyderabad. In the next 10 years India will need over 2000 new passenger and cargo aircraft.

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With about $13 billion of debt taken up by Twitter in the deal with Musk there is increasing concern about servicing this debt, and the interest costs of about $1 billion a year far exceeding the $150 million previously borne. Musk says Twitter cannot rely on advertisers and he expects verified users to pay a $8 monthly fee for use of Twitter. "Its the only way to defeat the bots and trolls," says Musk of the subscription fees needed to pay the bills.

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This report confirms in a fact check that 15% of the global greenhouse gas emissions worldwide come from livestock farming. This includes dairy and meat.

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A look at plant based foods from India, good for the environment and one's health, on World Vegan Day.