World News: 25 November 2022

Adani to raise $2.45 billion in India's biggest follow-on share sale
The proposed fund raise comes as the group led by Gautam Adani, the world’s third richest person, aggressively expands into an slew of sectors including cement and healthcare, amid some concerns about its elevated debt levels and large promoter shareholding.
The share offering would increase the company’s public float from the current 27.4% level. Rival Reliance Industries’ public float stands at around 49%.

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Kanye West announces 2024 presidential bid, takes swipes at Trump in first campaign video
In the video posted to Twitter, Ye shared that he previously offered Trump a position to be his vice presidential candidate, a comment Ye said confused and frustrated Trump.
“I think the thing Trump was most perturbed about [was] me asking him to be my vice president,” Ye said in the video. “I think that was lower on the list of things that caught him off guard.”
The comments were made during a “debrief” session about Ye’s visit to the White House and meeting with then-President Trump in Oct. 2018.

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Vatican court hears cardinal's secretly taped phone call with Pope
The recording was made, unbeknownst to the pope, by someone in a room with Becciu in July 2021, just before the trial began and while the pope was still recovering from major bowel surgery, the court was told.
Reporters were asked to leave the room while the tape was playing, but lawyers who heard it said Becciu asked the pope to confirm that the pope had approved a payment to help in the release of a nun kidnapped in Africa to help.
Lawyers said that when the pope called, he appeared perplexed and confused as to why Becciu was calling and that the pope repeatedly asked the cardinal to send him a written note of what he wanted.

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Avian flu outbreak wipes out 50.54 mln U.S. birds, a record
The deaths of chickens, turkeys and other birds represent the worst U.S. animal-health disaster to date, topping the previous record of 50.5 million birds that died in an avian flu outbreak in 2015.
Birds often die after becoming infected. Entire flocks, which can top a million birds at egg-laying chicken farms, are also culled to control the spread of the disease after a bird tests positive.

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Ghana plans to buy oil with gold instead of U.S. dollars
Mahamudu disclosed this via Facebook on Thursday, noting that the decision is intended to address Ghana’s declining foreign exchange reserves and the demand for dollars from oil importers, a situation that has drastically weakened the local cedi and driven up living expenses.
The West African country has been facing one of its worst economic crises.
The Vice President said that since domestic vendors would no longer require foreign currency to import oil products, using gold would prevent the exchange rate from directly impacting the cost of fuel or utilities.

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Cost-of-living crisis casts shadow over Europe's Black Friday
Retailers across Europe fear the overall Christmas trading season could be the worst in at least a decade as shoppers cut back, while the costs of doing business show no sign of abating, squeezing profit margins.
Double-digit inflation has dented consumers' purchasing power and their confidence is also at or close to the gloomiest on record as soaring energy bills add to the spiralling cost of living.
But to help budget their finances, consumers have begun their Christmas shopping early this year and many still look set to shop on Black Friday.
Some consumers may, however, have other priorities, with Wales, England, the Netherlands and Poland all in action on Friday at the World Cup.

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