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Redmond Carolipio

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  • The U.K. could be about to have its first British Asian prime minister.
    Hollie Adams/Getty Images

    From the BBC World Service: Britain’s former finance minister, Rishi Sunak, is now the firm favorite to become leader of the U.K. after former prime minister Boris Johnson pulled out of the race. Plus, sharp declines in Chinese stocks after weaker economic data and changes in China’s political leadership. And, life in Ukraine under power restrictions.

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  • Battle against inflation plays out in the housing market
    Spencer Platt via Getty Images

    First, the Biden student loan forgiveness plan passes a couple of legal tests. Then, Chris Low of FHN Financial offers up market insight. The BBC looks at how inflation has affected preparations for Diwali.

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  • Biden’s student loan forgiveness plan secures legal wins
    Photo by Stefani Reynolds / AFP via Getty Images

    One of those wins involved the Supreme Court. Community college students returning to campus are encountering a host of transportation issues. Missing snow crabs near Alaska have local industries concerned.

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  • The sun shines over a high voltage line in Cordemais, western France, on October 21, 2022. (Photo by LOIC VENANCE / AFP) (Photo by LOIC VENANCE/AFP via Getty Images)

    From the BBC World Service: E.U. leaders have agreed to a “road map” aimed at putting in place measures within weeks to shield European consumers from soaring energy prices. But after hours of wrangling, there’s been no decision on whether to declare a cap on the price that the E.U. is prepared to pay for gas. Meanwhile, the U.K. looks ahead to the appointment of a new Prime Minister within days after the resignation of Liz Truss, but what’s the view from business? And, how is inflation affecting preparations for Diwali?

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  • Prime Minister Liz Truss announced her resignation on Oct. 20 in London.
    Leon Neal/Getty Images

    Liz Truss, the U.K. prime minister, announced her resignation today. The BBC checks in. Diane Swonk, who has stuck with us for much longer, discusses market activity. Then, in France, biogas plants are turning waste into energy.

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  • Government agency’s funding ruled as unconstitutional
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    A New Orleans appeals court panel takes issue with funding for the Consumer Financial Protection Bureau. We unpack the situation, starting with a reminder of what that bureau actually is. Also, we hear about the fun stuff people are doing now that they don’t have a time-consuming, soul-injuring commute to work every day. Then, we check beyond the numbers on the employment outlook for Latinos.

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  • An employee of an energy company inspects an electrical transformer substation destroyed by Russian missiles strike outskirts of Khark?v, on October 4, 2022, amid the Russian invasion of Ukraine. (Photo by SERGEY BOBOK / AFP) (Photo by SERGEY BOBOK/AFP via Getty Images)

    From the BBC World Service: After suffering a series of defeats on the battlefield, Moscow is now targeting electricity and water networks in Ukraine – President Zelensky says 30% of his country’s power stations have been destroyed so far. Citizens now face national energy restrictions for the first time since the invasion. Plus, Turkey’s unusual approach to interest rates at a time of soaring inflation. And, why the traditional South Korean dish of Kimchi is under threat.

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  • Some tax relief from the IRS, courtesy of inflation
    Chip Somodevilla/Getty Images

    Because of the size of inflation these days, the IRS has had to make bigger adjustments than usual – which could be helpful. We talk bank runs with Philip Dybvig, one of the winners of the Nobel Prize in Economic Sciences.

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  • A lesson in tribal sovereignty … from Tesla
    Joe Raedle/Getty Images

    Tesla’s entries into tribal lands also means entry into a different legal sphere as well. A reporter from The Markup helps shed some light on inequitable pricing on broadband internet around the country. We talk Miami real estate with Amy Scott as the second season of “How We Survive” debuts.

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  • Hong Kong tackles a brain drain
    Anthony Kwan/Getty Images

    From the BBC World Service: Hong Kong’s new leader John Lee says he wants to rebuild the economy and attract potential new employees from around the globe. The economy has been undermined by an ongoing political crackdown following the national security law introduced in 2020 and coronavirus restrictions. Plus, while many countries have severed ties with Russia, India is pinning its defense export hopes on a joint venture. And, how can South Africa make its energy system more robust after years of blackouts?

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