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Local authorities in the capital have asked the government for extra funding, ahead of the Autumn Statement, to help them stay afloat. The housing crisis is having a “devastating” impact on Londoner’s lives, leading to homelessness and a growing financial squeeze on local authorities, London Councils has warned. The cross-party body, which represents all 33 councils in London, has called on

KARACHI, Sept 10 (Reuters) - Pakistan's central bank is expected to cut its key interest rate further during its policy meeting on Thursday, analysts said, after inflation dropped to single digits in August for the first time in nearly three years. That would follow two consecutive cuts - of 150 basis points in June and 100 bps in July - that have taken rates from an all-time high of 22% to

The “crime crisis” narrative Fox News concocted for Donald Trump was exposed at Tuesday night’s debate when moderator David Muir pointed out that FBI data shows violent crime has actually fallen dramatically in recent years. The network’s stars are responding by lashing out at Muir, falsely claiming violent crime is actually up, and arguing that even if data show violent crime is plummeting, “

After many years of holding Bank of America stock and praising its leadership, Warren Buffett’s Berkshire Hathaway has started offloading shares worth billions. Bank of America CEO Brian Moynihan says he doesn’t know why—and he may never find out. Buffett’s support of BofA goes back more than a decade, starting when he purchased $5 billion worth of stock in 2011. At the time, the purchase was