And the US economy performs better than expected from robust business investment. Donald Trump faces pressure over 2020 election fallout. TGIF! We made it to the end of another working week. Here's your morning dose of what's happening around the world. First up, the European Central Bank has hiked interest rates to the highest level in more than two decades, in a repeated fight against inflation . The bank raised the deposit rate Want to read more? It's easy. Choose your best value subscription option Get two weeks free access to NBR's Premium Online Subscription, which includes full access to all of NBR's great content on any device.

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