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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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Chinese Military Deploys Troops as Xi’an Outbreak Worsens
Authorities report only a handful of COVID cases, but locals suspect the real concern is rodent-spread...
Women shop for bread at a market in Ankara on December 20, 2021 as Turkey's troubled lira took a nosedive after Turkish President cited Muslim teachings to justify not raising interest rates to stabilise the currency.
Food and Rent Unaffordable as 20 Percent Inflation Hits Turkey
Turkish citizens are reeling under the pressure of inflation and what many believe is President Recep...
3 Key Factors Behind the Solomon Islands Anti-China Riots
The Solomon Islands, a country in the southwestern Pacific Ocean home to roughly 680,000 people, has...
China Mass Testing
China Fights New COVID-19 Waves in Zhejiang and Xi’an, Quarantining Thousands
Recently, the epidemic situation in the cities of Ningbo, Shaoxing and Hangzhou in southeastern China...
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US-listed Chinese Companies Lost $600 Billion This Year
According to the U.S.-China Economic and Security Review Commission, there were 248 Chinese companies...
chinese clothing factory in jiangsu province
Layoffs Increase in China as Multiple Industries Get Hit By Tougher Regulations
Over the past year, Beijing has imposed a plethora of regulations on industries ranging from tech, finance...
One hundred Chinese yuan banknotes.
Chinese Central Bank Slashes Main Interest Rate Amidst Economic Pressure
On Dec. 20, the People’s Bank Of China (PBOC) announced a five-basis point cut in its one-year Loan Prime...
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American Families Struggling Under Weight of Inflation
Last month, the rate of inflation rose by 6.8 percent, the highest jump in around four decades. Families...
Florida Governor Ron DeSantis recently signed Senate Bill 7072 to combat Big Tech censorship practices. He spoke at a campaign rally for the US president at Pensacola International Airport in Pensacola, Florida on October 23, 2020.
‘A Big Failure for the United States’: Florida’s DeSantis on Investing in China
Florida Gov. Ron DeSantis and his administration announced on Dec. 20 that they would move to take control...