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Original headline: Why has inflation risen and what does it mean for me ?
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- What factors helped lift inflation in September – and where did prices fall?
- What factors helped lift inflation in September – and where did prices fall ?
- What factors helped lift inflation in September – and where did prices fall ?
- What factors helped lift inflation in September – and where did prices fall ?
- What factors helped lift inflation in September – and where did prices fall ?
- What factors helped lift inflation in September – and where did prices fall ?
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- Ethereum delays Glamsterdam Hoodi testnet launch over security risks
Ethereum has postponed the Glamsterdam upgrade on the Hoodi testnet, originally scheduled for Oct. 26, so developers can examine how EIP-8037 and EIP-8038 interact with deployed smart contracts. ChainSecurity warned that the two proposals could weaken safeguards against insufficient gas griefing, potentially letting contracts permanently record failed operations and blocking otherwise valid user actions. The firm said it identified 13 real-world examples of potentially affected contracts and is coordinating responsible disclosure with the projects involved, without naming them. Security researcher pcaversaccio called the risks “serious” in an Oct. 21 GitHub comment and urged a reassessment of the hard fork. The mainnet timeline, which developers had been considering for early December, is now uncertain.
- Proposed 0.2% tax on idle land and land left unused or slow to be put to use
On the morning of October 23, the National Assembly heard the government's proposal and the review report on draft amendments to several tax laws, including the Law on Non-Agricultural Land Use Tax. The government proposes a 0.2% tax rate, with no area limit, for idle land and land that is not or is slowly being put to use, to institutionalize Resolution 21-NQ/TW. The Economic and Financial Committee agrees in principle but says the proposal conflicts with the current law, which applies 0.15% to unused land, and with the draft amended Land Law. It warns of possible double financial obligations for investment projects that leave land unused or slow to use it, and asks the drafting agency to clarify the basis, timeline and relationship with land use fees and land rental payments.
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Pony.ai said it will work with Nvidia and inDrive to explore autonomous ride-hailing services, with Kazakhstan as the first test market. The three companies plan to launch robotaxis in Astana using Pony.ai's seventh-generation vehicles, following an agreement with the Kazakh government; Kazakhstan was chosen for its regulatory readiness after creating its first structured legal framework for driverless transport. Pony.ai will provide the Gen-7 robotaxis, inDrive will provide the ride-hailing platform and run the service, and Nvidia will support the project with AI infrastructure. The partners will assess the technical, operational, regulatory and commercial feasibility of offering level 4-ready autonomous vehicles to riders through the inDrive app. Pony.ai's shares rose 2.8% in Hong Kong trade after the announcement.
- Ethereum delays Glamsterdam test after security devs flag risk to existing contracts
Ethereum developers postponed the Glamsterdam upgrade on the Hoodi test network, which had been due to activate on Oct. 26, after researchers warned that proposed gas rules could let existing smart contracts permanently record failed operations. ChainSecurity said EIP-8037 and EIP-8038 could leave some contracts with more or less gas than expected, potentially making errors permanent or causing otherwise valid operations to fail; for example, creating a new storage slot could require 110,020 gas when a separate allowance is exhausted, versus 22,100 under the old rules. No replacement date has been announced for the Hoodi test or its planned 200 million gas limit, and Ethereum's mainnet upgrade date remains unconfirmed. The findings describe how existing software would behave under the proposed rules and do not indicate that existing contracts are currently being exploited.
- Europe set to ban Russian gas imports; energy giant says it still has the whole world to sell to, gives Brussels 71 days to reconsider
Novatek CEO Leonid Mikhelson said on October 22, on the sidelines of the Verona Eurasian Economic Forum in Istanbul, that Russia cannot be isolated from the global LNG market. He said that if the EU's ban on Russian LNG imports takes effect on January 1, 2027, the company can redirect its cargoes to other markets. Mikhelson added that the EU still has 71 days to make any decision, and that Brussels is paying more attention to industrial production and energy security. He also said European companies with long-term contracts with Russia can keep cooperating to supply gas to markets outside Europe. On a US proposal for Europe to resume buying Russian oil and gas, he said it shows Washington is also concerned about industrial decline and job losses in Europe.
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