Shockwaves from the collapse of Silicon Valley Bank further pounded global bank stocks on Tuesday as assurances from President Joe Biden and other policymakers did little to calm markets and prompted a rethink on the interest rate outlook.
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Ukraine's future hinges on the outcome of battles in the east, including in and around Bakhmut, President Volodymyr Zelenskiy said, with both sides describing brutal fighting in the small city as Russia intensifies a winter campaign to capture it.
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The United States, Australia and Britain unveiled details of a plan to provide Australia with nuclear-powered attack submarines from the early 2030s to counter China's ambitions in the Indo-Pacific.