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Global headline inflation is projected to rise notably to 4.7% in 2026

World trade volume growth is projected to slow in 2026 and stabilize in 2027, reflecting the drag from tariffs, adjustment in production chains, and continued strength in technology-related trade. Global imbalances are expected to decline only modestly over the medium term, as large fiscal deficits, limited domestic rebalancing, technology-driven capital flows, and differing demand compositions…

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Nat’l football team star Lee Kang-in threatens legal action against ‘groundless’ rumors

Lee Kang-in of Korea dribbles the ball against Uzbekistan during the teams’ football friendly match at Yongin Mireu Stadium in Yongin, Gyeonggi Province, Oct. 6. Yonhap The agency for Korean football star Lee Kang-in warned of legal action Tuesday against “groundless” rumors accusing the midfielder of causing strife within the men’s national team. “We have…

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Process begins to select Lee administration’s 1st prosecutor general

Officials enter the Public Prosecution Service headquarters in Seoul’s Seocho District, Oct. 2. Yonhap The Lee Jae Myung administration on Tuesday began the process of selecting its first prosecutor general, a post that has remained vacant for one year and three months. The justice ministry announced the formation of a nine-member committee, including a chairperson,…

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Hackers heat French supermarket fridges, sparking fires and spoiling food

A woman walks past empty fresh-food refrigerators at an Intermarché supermarket in Névez, western France, Oct. 12, following a cyberattack affecting the French supermarket chains Intermarché and Coopérative U that caused their refrigerators to defrost. AFP-Yonhap PARIS — Hackers raised the temperature of refrigerators and freezers at hundreds of French supermarkets to as high as…

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