A last-minute commitment to phase down the use of coal at Cop 26 in Glasgow has been undermined by China and India, both of whom say the use of fossil fuels is key to economic growth. Unexpectedly strong retail numbers in China boost October consumer data, while industrial output for the month was also higher. U.S. President Joe Biden and Chinese President Xi Jinping are set to hold their first meeting, albeit virtually, with Taiwan expected to be central to talks. Meanwhile, violence broke out in the Netherlands where a three-week partial lockdown has been implemented while in Austria, unvaccinated residents have been ordered to stay home.   

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