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World’s youngest leader electrifies UN assembly

  Bloomberg The world’s youngest leader, Chile’s President Gabriel Boric, sounded the alarm on the risk of social unrest, reminding his more experienced colleagues gathered at the United Nations that discontent that exploded locally can be repeated around the world. Boric said at the UN General Assembly that outrage over inequality and poor basic services can lead to uprisings in ...

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Japan, South Korea seek resolution on wartime labor

  Bloomberg Top diplomats from Japan and South Korea agreed in New York to continue to seek a resolution on the issue of Korean labor conscripted to work in Japanese factories and mines during World War II. Japanese Foreign Minister Yoshimasa Hayashi and South Korean counterpart Park Jin also agreed to cooperate on the security threat posed by North Korea ...

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China banks keep lending rates unchanged after PBOC pauses

Bloomberg Chinese banks kept their main lending rates unchanged after the central bank paused its monetary easing and defended a weakening yuan, though a cut is still expected by economists in the coming months to counter headwinds to growth. The one-year loan prime rate (LPR) was left at 3.65%, according to a statement by the People’s Bank of China (PBOC). ...

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