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Minneapolis police department to stay as replacement proposal rejected

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The troubled Minneapolis police station won’t be replaced, after voters rejected a proposal to replace it with a new department of public safety

Voters in Minneapolis rejected a proposal to replace the city’s police with a new department of public safety, with the decision coming six months after a white Minneapolis officer was convicted of murder for killing George Floyd.

The filming of the murder of George Floyd led to several days of riots in the city and calls by many to “defund the police”.

Under the proposal, unlike the police, who report to the mayor – the department of public safety would have been jointly overseen by the mayor and the 13-member city council.

Mental health professionals would have been dispatched for most non-violent crimes, but police officers would have still been available should it be required that an arrest be made.

Minneapolis is currently seeing a severe rise in crime, with violent offenses on track to outrank last year’s record high. It comes as part of a national crime surge.

An investigation conducted by Reuters in September found that officer interactions with residents plummeted in the year after Floyd’s death in May 2020.

Critics say that the data suggested officers in Minneapolis had abandoned their duty to keep the peace among the city.

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Markets brace for pivotal week following renewed US-China trade talks

Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.

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Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.


Global markets prepare for a critical week as US–China trade talks, major earnings, and inflation data could shift investor sentiment and central bank expectations.

Kyle Rodda from Capital.com breaks down the key risks and opportunities.

#GlobalMarkets #USChinaTrade #Inflation #EarningsSeason #Investing #FederalReserve #AUD #Tesla #Netflix #MarketUpdate


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Global markets steady ahead of CPI

Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.

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Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.


Global equities remain resilient, with Wall Street, Europe, and Asia near record highs as investors eye Friday’s US CPI data to gauge central bank moves.

Market watchers note cautious optimism amid ongoing volatility.

#GlobalMarkets #CPI #WallStreet #Equities #Investing #CentralBanks #RBA #Fed #USMarkets #MarketUpdate


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US sanctions Russia’s top oil giants

US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.

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US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.


The US has imposed new sanctions on Rosneft and Lukoil, aligning with Europe to pressure Moscow amid rising oil prices and global market tensions.

Analysts warn the real impact will hinge on enforcement and international response.

#Russia #USSanctions #Rosneft #Lukoil #OilMarkets #Geopolitics #EnergyCrisis #DonaldTrump #EU #GlobalTrade #Moscow


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