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Illustration photo of a Japan Yen note

Japan confirms record interventions to support yen

Japan confirmed on Tuesday that it made record interventions in the foreign exchange market in October, selling the dollar worth 6.35 trillion yen ($48 billion) to support the yen currency, Ministry of Finance (MOF) data showed.
Ukrainian prisoners of war are seen during a swap in an unknown location in Ukraine

The changing world order: the actions of several countries have the potential to affect the global order

The actions and potential implications of several countries, including Russia, North Korea, China, and Iran indicates that change is occurring in these countries and their actions have the potential to affect the global order. The US has the power and capability to assist and influence events in these countries, but should do so in a way that avoids being perceived as meddling. The US should work to deter expansionist behavior by China in the Indo-Pacific region and to calm tensions with North Korea.
A huge electric stock quotation board is seen inside a building in Tokyo

Stocks bouyed by cheery data after BOJ damp squib

World stocks rose and Japan's yen tumbled on Wednesday, after the Bank of Japan poured cold water on monetary tightening expectations and economic and earnings data proved cheery for European markets.
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