China cuts interest rates to boost economy
China’s Central Bank has confirmed it will cut its key lending rate for the first time in 20 months, amid continued supply-chain shortages and concerns surrounding global demand. We take a look at how markets are reacting. And energy prices are soaring in Europe, as temperatures continue to drop. We’ll discuss the latest on the fate of the Nord Stream 2 pipeline, and whether it could face new sanctions from the US. Plus, the United Kingdom has inked a post-Brexit trade deal with Australia as it looks to build stronger ties with the nation – we’ll bring you the latest.
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