Britain’s Chancellor of the Exchequer Rachel Reeves faces disappointment as the UK economy shrinks by 0.1% in October, following a similar decline in September. Labour’s focus on economic growth is emphasized, with Reeves stressing the importance of delivering higher living standards through long-term growth policies. The opposition criticizes the government’s decisions, attributing the economic downturn to the Chancellor’s actions and negative rhetoric, warning of potential negative impacts on families.
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Why Iran closing this 103-mile stretch of ocean could be catastrophic for the world
As tensions escalate between Israel and Iran, Tehran has been left shrouded in smoke following an Israeli airstrike on June 15, 2025. With Iran's parliament considering closing the critical Strait of Hormuz, which transits about a fifth of the world's oil, experts warn that such an action could trigger significant market turmoil, potentially raising oil prices from $71.77 to $120 per barrel. Need More Context? 🔎
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