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ECONOMICS

Why China’s Gold Buying Spree May Create a Hidden Financial Vulnerability

By Mixer, Vision Times, Analysis China's central bank has now increased its gold holdings for 19 consecutive months, the longest uninterrupted buying streak in years. Since November 2024, the People's
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Cuba’s Reform Agenda Faces New US Pressure After Latest Sanctions

The United States on June 23 imposed sanctions on five Cuban state entities, less than a week after Cuban lawmakers approved sweeping market-oriented reforms for the first time since the
China Audit Finds 56 Counties Diverted $3.9 Billion in Rural Funds to Repay Debt
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Honduras Faces Economic Challenges After Diplomatic Shift From Taiwan to Communist China
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Argentina’s $10 Billion Paraná Waterway Bid Draws Scrutiny Over Chinese, US Influence
SpaceX IPO Pushes Elon Musk Closer to $1 Trillion Net Worth
Jones Act Waiver Extension Belies Trump’s Effort to Rebuild American Shipping
container ship sits anchored in New York Harbor as it waits for the Port of Newark on October 2 2024
EU Fears China’s Growing EV Sector Infrastructure in Morocco Could Circumvent Trade Restrictions
Curtains Drawing on Runaway Rise in Global Housing Prices: Poll
A runaway surge in global house prices is drawing to a close as interest rates rise along with the cost...
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German Economy Likely Already in a Recession, Will Last Three Quarters: Reuters Poll
The German economy is on track to contract for three consecutive quarters starting from this one, according...
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Fed’s Powell: ‘Pain’ of tight policy, slow growth needed ‘for some time’ to beat inflation
The U.S. economy will need tight monetary policy "for some time" before inflation is under control, a...
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California Board Votes to Phase Out Gasoline-only Cars in State by 2035
The California Air Resources Board (CARB) voted Thursday (August 25) to adopt sweeping regulations to...
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Comment: ‘Deglobalization’ Is Coming. Here’s What We Should Expect
Note: This piece is translated from a Chinese social media post for the benefit of our readers, and does...
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New IRS Revenue Will Come From Businesses Earning Less Than $200K: Tax Experts
According to the Joint Committee on Taxation, a nonpartisan tax watchdog, a key provision in the recently...
Asia’s Wealthiest Woman Loses $12 Billion in China’s Real Estate Crisis
Yang Huiyan, known as the richest woman in Asia, has lost more than half of her $24 billion fortune as...
3 Evergrande Real Estate Executives Asked to Resign Over Unstable Loans
Evergrande Group, the embattled Chinese real estate giant, has once again become the focus of international...
With Both Small and Large Banks in Trouble, Will China’s Debt Crisis Blow Up?
A banking crisis in China’s Henan Province has seen hundreds of thousands of people unable to access...