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NISSAN EXPECTS $1.8 BLN ANNUAL OPERATING LOSS, CONCERNED ABOUT SUPPLY CHAIN RISKS
Nissan Motor said on Thursday it expects to book a 275 billion yen ($1.82 billion) in annual operating losses due to the impact of U.S. tariffs and warned that supply chain risks would be the biggest headwind in its fiscal second half. The automaker expected the hit from tariffs would be 25 billion yen smaller in the second half of the fiscal year to March 2026, as Japan reached a trade deal with the U.S. that has lowered levies on Japanese cars to 15%. Learn More
Oct 311 min read


MOLDOVA APPOINTS PRO-EU MUNTEANU AS PRIME MINISTER
Moldova's parliament picked a new prime minister on Friday to lead the small nation's efforts to join the European Union and break free of Russia's political orbit. The appointment of Alexandru Munteanu, a 61-year-old economist, follows a parliamentary election in September in which President Maia Sandu's ruling Party of Action and Solidarity (PAS) resoundingly defeated a Russia-leaning rival and won a fresh mandate to pursue Moldova's EU drive. Learn More
Oct 311 min read


TRUMP CALLS FOR US SENATE TO SCRAP FILIBUSTER RULE
Republican U.S. President Donald Trump called on Thursday for the removal of the Senate's filibuster rule, to bypass a Democratic roadblock during a government shutdown now in its 30th day. The filibuster is the Senate rule for agreement by 60 of its 100 members to pass most legislation. Republicans hold a 53-47 majority in the Senate and a 219-213 majority in the House of Representatives. Learn More
Oct 311 min read
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