Rescuers and volunteers in STILFONTEIN, South Africa, have recovered 78 dead miners and over 160 survivors from an abandoned gold mine, where they were trapped for over two months due to illegal mining activities. Criticism has been directed at the government for cutting off supplies to the miners, leading to starvation and dehydration, prompting a slow rescue operation. Despite efforts to rescue the remaining miners, the death toll is expected to rise as authorities face backlash for their handling of the situation.
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Surprise fall in inflation boosts interest rate cut hopes
UK inflation unexpectedly fell in December, leading to expectations of an interest rate cut next month as prices rose 2.5% in the year, down from 2.6% the previous month. The drop was driven by lower hotel prices and smaller airfare increases, with investors now backing a second cut by the end of the year. Government borrowing costs have eased, and Chancellor Rachel Reeves faces pressure to address the market turmoil caused by her Budget policies....
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