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Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. U.S. stocks were lower Friday as markets digested fourth-quarter earnings results and a fresh batch of economic data. The producer price index , a gauge of wholesale prices, declined
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Zambia is dealing with one of its worst cholera outbreaks in recent years as nearly 10,000 active cases have been registered. Climate change has fuelled heavy rains which have contaminated drinking water in overpopulated and impoverished urban areas, mostly in the capital Lusaka. Health workers are scrambling to contain a crisis that has the potential
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The Post Office could be facing a £100m bill and insolvency after claiming tax relief for its compensation payments to sub-postmasters, a tax expert has claimed. Dan Neidle, the head of non-profit organisation Tax Policy Associates, said the Post Office claimed £934m tax relief for its compensation payments, and suggested it could be “unlawful”. The
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The US has launched a new strike against a Houthi target in Yemen. A statement from US Central Command said: “This strike was conducted by the USS Carney using Tomahawk Land Attack Missiles and was a follow-on action on a specific military target associated with strikes taken on 12 January designed to degrade the Houthi’s
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Ministers are “failing to act” on the lessons from the Post Office scandal by refusing to change laws around public contracts, union leaders have said. The TUC said the Procurement Act, passed last October, was a “huge missed opportunity” to tighten up rules governing the awarding of taxpayer-funded contracts to private companies. The legislation was
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