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ECONOMICS

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Yuan Stabilizes as China Continues to Relax ‘Zero-COVID’ Restrictions
China's yuan firmed at a nearly 7:1 ratio versus the American dollar as the communist regime announced...
Wall Street Dragged by Recession Fears, S&P Poised For 4th Decline
NEW YORK — Wall Street benchmarks tumbled again on Tuesday, Dec. 6 — with the S&P 500 on course for...
Bank of Mexico Issues Optimistic Forecasts to Counteract Inflation, Ends Rate Hikes
MEXICO CITY, Mexico — The Bank of Mexico on Wednesday, Nov. 30 issued more upbeat forecasts for inflation...
Sri Lankan Central Bank Threatens Administrative Measures to Bring Down Market Rates
COLOMBO, Sri Lanka — On Thursday, Nov. 24 Sri Lanka's central bank threatened administrative intervention...
New Zealand to Deliver Record-High Interest Hike Amid Persisting Inflation
WELLINGTON, New Zealand — New Zealand's central bank said on Tuesday, Nov. 22 that it expects to deliver...
COVID Cases Spike as China Loosens Stringent Regulations in Bid to Salvage Economy
After nearly two years of unrelenting “zero-COVID” pandemic measures that saw millions of people confined...
Trade Gap Persists in Japan as Weak Yen Squeezes Purchasing Power
TOKYO — Japan's imports surged by more than half in October from a year earlier, dwarfing exports and...
Is China Losing Its Hold on the World’s Rare Earths Market?
For years, China has dominated the global market for rare earth metals. These vital materials are used...
Argentina Strikes $5 Billion Deal With China to Expand Currency Swap
BUENOS AIRES — Argentina has agreed to expand its currency swap deal with China by $5 billion — the Latin...