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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’
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As Fuel Prices Soar, Experts Warn Americans to Brace for Further Increases
Fuel prices across the United States continue to soar as experts warn that prices have not yet peaked...
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Amazon Limits Paid COVID Leave to Employees Vaccinated Against COVID
Amazon denies its vaccine-free employees enjoying paid leave after receiving a positive PCR-test result...
Global food prices are reaching record highs, statistics show. Causes such as inflated fuel prices and record labor shortages are attributable.
Global Food Prices Nearing Record High
Due to supply chain delays, the labor shortage, and pandemic-related disruptions, prices of foods such...
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China: Canon’s Large Severance Packages Make Chinese Think Again
Recently, Canon Zhuhai Co., Ltd., a subsidiary of Canon located in Zhuhai, China, announced its closure...
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87% of Countries Struggling With Inflation Levels Above the Norm
According to Trading Economics, a website that provides users with information on 196 countries and regions...
China’s ‘Belt and Road Initiative’ Falters as Beijing Runs Out of Funding
What started out as an ambitious plan to globalize itself is now slipping further out of reach for the...
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In 2022, Expect China’s Economy to Worsen Further
A major factor — among many others — is China Evergrande’s debt crisis and mounting debt problems for...
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China’s Most-Favored-Nation Status Is Ending, What Are the Implications?
China is now roughly back to the trade status that it was before its accession to the World Trade Organization...
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US Wholesale Price Index Hits Record High
The Producer Price Index (PPI), which measures prices paid by manufacturers of goods, services, and construction...