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US has tons of leftover food. Upcycling seeks to turn would-be trash into ice cream, pizza

At Tyler Malek's ice cream parlors, one cook's trash is another chef's frosty treat.

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Hollywood writers at rally say they'll win as strike reaches 50 days

Fifty days into a strike with no end in sight, about 1,000 Hollywood writers and their supporters marched and rallied in Los Angeles for a new contract with studios that includes payment guarantees and job security.

Speakers at the Writers Guild of America's WGA Strong March and Rally for a Fair Contract on Wednesday emphasized the broad support for their cause shown by other Hollywood unions — including actors in their own contract negotiations — and labor at large.

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Macron calls for massive investment to respond to climate emergency, poverty

French President Emmanuel Macron called Thursday for concrete solutions and massive investment for developing countries at the start of a two-day summit aimed at seeking better responses to tackle poverty and climate change issues by reshaping the global financial system.

Speaking in Paris, Macron said no country should have to choose between "reducing poverty or protecting the planet."

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Bank of England set to hike rates to battle inflation

The Bank of England is poised to raise borrowing costs again on Thursday to combat stubbornly high inflation, which has failed to come down from its peak as quickly as expected.

Though the consensus among analysts is that the central bank will raise its main interest rate by a quarter-percentage point — hitting a new 15-year high of 4.75% — there are concerns, certainly among borrowers, that it may opt for a bigger half-point increase.

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Turkey faces key test on economic turnaround after Erdogan's reelection

The Turkish central bank faces a key test Thursday on turning to more conventional economic policies to counter sky-high inflation after newly reelected President Recep Tayyip Erdogan gave mixed signals about an approach that many blame for worsening a cost-of-living crisis.

It is the bank's closely watched first interest rate-setting meeting since the longtime leader named internationally respected officials to head the bank and the finance ministry. While a sharp rate hike is expected, it's not clear if it will be enough to ease market concerns.

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Paris summit aims to shake up financial system, test leaders' resolve on climate

Heads of state, finance leaders and activists from around the world will converge in Paris this week to seek ways to overhaul the world's development banks — like the International Monetary Fund and World Bank — and help them weather a warmer and stormier world.

While restructuring debt and reducing poverty will be part of the summit Thursday and Friday, climate will be the main driver, with representatives from developing nations in Africa, Asia and elsewhere having a prominent seat at the table.

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Foreign companies shifting investment out of China as confidence wanes

Foreign companies are shifting investments and their Asian headquarters out of China as confidence plunges following the expansion of an anti-spying law and other challenges, a business group said Wednesday.

The report by the European Union Chamber of Commerce in China adds is one of many signs of growing pessimism despite the ruling Communist Party's efforts to revive interest in the world's No. 2 economy following the end of anti-virus controls.

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Lebanon among countries with highest debt

The world's poorest countries are bearing the brunt of the world's debt crisis, at a time when they need more cash than ever to fight climate change.

As top officials gather in Paris for the Summit for a New Global Financing Pact, AFP takes a look at the problem.

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China imports of Russian oil highest since Ukraine invasion

Chinese imports of Russian oil last month hit their highest level since Moscow's February 2022 invasion of Ukraine, customs data showed Tuesday, as Beijing offers an economic lifeline to an increasingly isolated Kremlin.

China is Russia's largest economic partner, with trade between them reaching a record $190 billion last year.

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China urges closer ties as Germany looks beyond Beijing

China's premier on Tuesday urged closer cooperation with Germany to shore up a struggling global economy, at a time when the European export powerhouse is seeking to reduce its reliance on the Asian giant.

Li Qiang, on his first trip abroad since he was named China's prime minister, also underlined the emphasis Beijing places on improving relations with the European Union as criticisms from the bloc grow louder.

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