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ECONOMICS

Japan Reverses Course, Increases Interest Rates for First Time in 17 Years

Unlike most major economies, Japan has spent much of the 21st century adhering to a doctrine of extremely low interest rates — so low that since 2016, they were actually
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Argentinian Austerity Measures Show Mixed Results as Inflation Remains High

Many Argentinians are struggling to make ends meet as the South American country's currency continues to lose value despite the spending reforms of newly elected libertarian President Javier Milei. Milei
China Sets Ambitious Growth Target of 5% in Desperate Bid to Salvage Economy
$3.8-Billion JetBlue-Spirit Merger Blocked Over Antitrust Concerns
Massive Data Breach Unveils Espionage, Cyber Vulnerabilities Within China’s Security Systems
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Chinese Companies Retreat From IPO Plans Amid Increased Regulatory Scrutiny, Economic Uncertainty
Where Do Unemployed Chinese Go? The Answer Is in the Library
Deeper Into Deflation: China’s January Economic Data Shows Worsening ‘Balance Sheet Recession’
Biden Promises ‘whatever needed’ for US Bank System as SVB Shock Hammers Stocks
By Trevor Hunnicutt, Alun John and Rae Wee, Reuters Bank stocks around the world plunged on Monday...
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Scope on Canada: Grocery Store CEOs Questioned by MPs on High Food Prices, Profits
On March 8, the House of Commons committee on agriculture and agri-food held a hearing on whether the...
MPs have spoken out after constituents had their bank accounts frozen over as little as a $20 tshirt purchase and $50 donation in support of Freedom Convoy
Bank of Canada Leaves Key Rate Unchanged At 4.5 Percent
On March 8, the Bank of Canada announced that it would maintain its benchmark interest rateat 4.5 percent...
Impact of China’s Demographic Collapse Revealed in Official Numbers
On Feb. 15, the State Council Information Office held a press conference to share the results of the...
Yellen Plans IMF Financing Program for War-torn Ukraine
WASHINGTON, D.C. — U.S. Treasury Secretary Janet Yellen on Monday (Feb. 27) backed completion of a "fully...
WEF Members Consider Rising Cost of Living Greatest Risk to World
The "cost of living crisis" has replaced "weather extremes" as the most urgent issue the world will have...
As China’s Population Growth Stalls, So Will the Global Economy
The world’s most populous country and second largest economy is facing a major demographic challenge:...
Economists Say Japan May Unwind Easy Monetary Policy in 2023: Reuters Poll
By Kantaro Komiya. TOKYO — The Bank of Japan (BOJ) could unwind its ultra-loose monetary policy between...
A woman chooses products at a drug store in Tokyo, Japan October 21, 2022. (Image: Screenshot / Reuters)
Japan Nov Consumer Inflation Likely to Hit Fresh 4-Decade High: Reuters Poll
TOKYO - Japan's nationwide consumer price inflation likely hit a fresh 40-year high in November, as...