UK banking giant axing staff before Christmas – union

British banking giant Barclays will cut 900 jobs across its domestic business, trade union Unite revealed on Tuesday, calling the bank’s move “disgraceful” in the run-up to Christmas. According to Unite, the cuts would mostly target the bank’s back-office divisions such as compliance, finance, legal, policy, IT and risk.

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Russian national debt rises 

Russia’s state debt grew by 11.6% in the first nine months of the year as the government borrowed funds to plug a budget gap, RIA Novosti reported on Wednesday.   State borrowing between January and September soared, with debt reaching 17% of Russia’s GDP, data showed.

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Israel and Hamas agree to prolong ceasefire

Qatari mediators said the two sides had approved a one-day extension minutes before the previous truce was set to expire Israel and Hamas have agreed to extend the current ceasefire in Gaza by another day, following the exchange of dozens more captives on Wednesday, the Qatari Foreign Ministry has announced. The extension was reportedly finalized…

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