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China’s gold imports from Russia rising – media

Imports of Russian gold into China in October amounted to 2.16 tons, marking a seven-year high, business daily RBK reported this week, citing data from China’s General Administration of Customs. In monetary terms, Russian exports of gold in raw and semi-manufactured forms to China reportedly doubled, having totaled $124.6 million.

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EU country faces drastic food inflation

Swedish households are struggling with rising costs for basic goods and energy, the latest report shows Food prices in Sweden have jumped by 20% this year, while electricity bills have more than doubled, data released by the country’s Consumer Agency shows.

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Inflation drives up US household spending – CNBC

Americans now pay over $400 more each month for the same goods and services, the news outlet reports, citing analysts Soaring inflation has driven up American household spending, CNBC reported this week, citing a Moody’s analysis of October inflation data. According to the report, households are forced to pay $433 more per month for the…

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