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Nato, Poland see no intentional Russian strike as crisis eases

Bloomberg Nato and Poland’s leaders said there is no indication that a missile that struck Polish territory late Tuesday was an intentional Russian attack as governments in the military alliance moved to defuse the incident. “Our preliminary analysis suggests that the incident was likely caused by a Ukrainian air defense missile fired to defend Ukrainian territory against Russian cruise missile ...

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Thai central bank signals it will stick to slow tightening

  Bloomberg Thailand will persist with its gradual approach to monetary policy tightening, a top central banker signalled, citing that the economy was better off compared to others on most parameters. “You could expect not to be surprised,” Bank of Thailand’s Assistant Governor Piti Disyatat said at the Bloomberg Business Summit in Bangkok on Wednesday, when asked what to look ...

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ECB warns of increasing stability risks for banks

  Bloomberg The European Central Bank (ECB) warned of rising stability risks for everyone from lenders to governments and households as the economic outlook darkens and officials battle record inflation. The cost-of-living squeeze is hurting people’s ability to service debts, while Europe’s worsening growth prospects threaten corporate profits, the ECB said on Wednesday in its Financial Stability Review. It also ...

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