Russian President Putin said Russian companies contribute to Africa’s development rather than engage in colonial exploitation or predatory practices.

German consumer confidence slipped in November as energy cost rises tied to the Iran war continued to pressure household finances, Nuremberg-based Institute for Market Decisions (NIM) and GfK said on Wednesday. GfK’s November consumer confidence index fell to -30.8 from -30.6 in October. NIM consumer sentiment head Rolf Buerkl said rising inflation concerns and a weak income outlook are keeping consumers doubtful about their personal finances and curbing willingness to make big-ticket purchases, even as optimism about the broader economy has increased.

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