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Bosnia must get on EU accession path or risk split, says int’l envoy

Bloomberg Bosnia-Herzegovina must revive its bid to join the European Union to avert the possibility of the ethnically divided country being torn apart, the country’s top international envoy said. Among six EU hopefuls in the Western Balkans region, the country of 3.3 million is among the furthest from accession. The process has stalled since 2016 as its politicians bicker on ...

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Investors bet $64 billion on US homes in record buying spree

Bloomberg Real estate investors acquired a record 18% of US homes sold in the third quarter of 2021, wagering $64 billion that home prices and rents will continue to surge. Investors bought more than 90,000 homes in three months through September, up 10% from the prior quarter and 80% from a year earlier, according to a report by Redfin Corp. ...

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UK inflation surges to highest in a decade

Bloomberg UK inflation climbed faster than expected to the highest in a decade, heaping pressure on the Bank of England (BOE) to raise interest rates and tightening a squeeze on living standards for households. Consumer prices rise 4.2% from a year ago in October, driven by energy prices and the impact of broad-based supply shortages across the economy. That was the ...

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