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British furniture chain Dunelm raises prices

  Bloomberg Dunelm Group Plc, a UK home-furnishings company, is raising prices to protect profits from higher shipping and raw-material costs, adding to the string of bad inflation news for British shoppers. Consumers are already bracing for faster inflation after the Bank of England warned that it could top 7% this year. Tesco Plc Chairman John Allan said this week ...

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Russia starts military drills in Belarus as Nato watches

  Bloomberg Russia and Belarus began their largest joint military drills in years Thursday, watched closely by the US and Europe amid tensions over neighboring Ukraine. Thousands of troops backed by tanks, fighter aircraft and advanced S-400 missile-defense systems are involved in the “Allied Resolve 2022” exercises in Belarus that run to February 20. They include drills near the border ...

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Squeezed Lithuania urges world to stand up against China, Russia

  Bloomberg Lithuania’s top diplomat called on the world to stand up to China and Russia’s alleged human rights violations during a visit to Australia, while acknowledging there would be a “cost” to taking such actions. Foreign Minister Gabrielius Landsbergis told the National Press Club in Canberra that countries need to cut their trade and energy dependency on what he ...

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