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Sauerbrunn, women players protest FIFA deal with Saudi oil giant Aramco

Former U.S. national team captain Becky Sauerbrunn and Netherlands forward Vivianne Miedema are among more than 100 women's football players who have signed an open letter protesting FIFA's sponsorship deal with Saudi Arabian state oil giant Aramco.

The letter calls the deal, which includes sponsorship at the 2027 Women's World Cup in Brazil, "much worse than an own goal," citing Saudi Arabia's record on the rights of women and LGBTQ+ people and the impact of Aramco's oil and gas production on climate change.

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Israel's wars are expensive, paying the bill could force tough choices

On top of the grievous toll in human life and misery, Israel's war against Hamas and Hezbollah has been expensive, and the painfully high financial costs are raising concerns about the long-term effect of the fighting on the country's economy.

Military spending has ballooned, and growth has stalled, especially in dangerous border areas that were evacuated. Economists say the country could face declining investment and higher taxes as the war strains government budgets and forces tough choices between social programs and the military.

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US sanctions 3 people and 4 firms for raising money for Hezbollah

The U.S. has sanctioned three people and four firms involved in a Lebanon-based sanctions evasion network accused of generating millions in revenue for the militant group Hezbollah.

Treasury’s Office of Foreign Assets Control also imposed sanctions on three people involved in trafficking of Captagon, an amphetamine, from Lebanon into Jordan.

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Trump's economic plans would worsen inflation, experts say

With characteristic bravado, Donald Trump has vowed that if voters return him to the White House, "inflation will vanish completely."

It's a message tailored for Americans who are still exasperated by the jump in consumer prices that began 3 1/2 years ago.

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World shares are mixed as tensions escalate in Middle East

World shares were mixed on Wednesday, with European benchmarks mostly higher. Hong Kong's Hang Seng soared more than 6% while other Asian markets retreated as tensions escalated in the Middle East.

Oil prices extended gains after Iran fired dozens of missiles into Israel, potentially raising the risk of disruptions to supplies. That news overshadowed an upbeat report showing U.S. job openings rose unexpectedly in August as the American labor market continued to show resilience.

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Price of gold keeps climbing to unprecedented heights. Here's why

The rush for gold just keeps coming.

Gold hit another all time high this week. Recent gains for the precious metal are largely credited to ongoing economic uncertainty, geopolitical tensions and strong demand from central banks around the world.

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UK inflation is steady at 2.2% ahead of Bank of England's next rate decision

Inflation in the U.K. held steady at an annual rate of 2.2% in August, with higher air fares offset by lower fuel costs and restaurant and hotel bills, official figures showed Wednesday.

The latest reading from the Office of National Statistics means inflation remains just above the Bank of England's target of 2%.

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Japan's trade deficit grows while both imports, exports fall short of forecasts

Japan posted a trade deficit for a second straight month in August, the Finance Ministry said Wednesday, despite signs of sluggish consumer spending that weighed on imports.

Japan's trade deficit totaled 695 billion yen, or $4.9 billion, down 26% from a year earlier, the ministry said.

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Federal Reserve is set to cut interest rates for first time in 4 years

Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn't done in more than four years: Cut its benchmark interest rate, a step that should lead to lower borrowing costs for consumers and businesses just weeks before the presidential election.

And yet an unusual air of uncertainty overhangs this week's meeting: It's unclear just how large the Fed's rate cut will be. Wall Street traders and some economists foresee a growing likelihood that the central bank will announce a larger-than-usual half-point cut. Many analysts foresee a more typical quarter-point rate cut.

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China announces sanctions on US companies selling arms to self-ruled Taiwan

China on Wednesday announced sanctions on American companies selling arms to the self-ruled island of Taiwan, which Beijing claims as its own territory and threatens to annex by force.

Chinese state media made the announcement, citing the Foreign Ministry, but gave no details on the companies involved. Taiwan is awaiting deliveries of F-16 fighter jets, Abrams tanks and a range of missiles from the U.S.

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