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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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Police Detain Evergrande Wealth Management Staff in Latest Blow to Embattled Property Developer
Several employees of Evergrande’s financial subsidiary, Evergrande Wealth Management, have been detained...
US Officials Highlight Depth of China’s Economic Crisis
Following meetings with their counterparts from the People's Republic of China (PRC), officials of the...
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As Biden Touts Economic Successes, Experts Recommend Caution
While recession fears are waning and consumer spending saw a respectable uptick in July, experts are...
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NYS: Proposed New York-only Work Visas for Migrants Met With Mixed Reactions
On Sept. 12, Democratic New York Assemblywoman Jenifer Rajkumar proposed that if the Federal government...
From Evergrande to Country Garden: How China’s Property Titans Mirror Broader Economic Woes
As the world's second-largest economy continues to brace against significant stress in its property sector...
Cattle Prices Rising as Livestock Shortage Hits the Market
An anticipated spike in cattle prices is beginning to materialize following a sharp decline in the number...
China Plans 1.5 Trillion in Financing to Prop Up Debt-Swamped Local Governments
Beijing is planning a move to alleviate some of the pressure on debt-laden local governments involving...
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As US Economy Stagnates, 30-year Mortgage Rate Soars
According to S&P Global’s U.S. Composite PMI Index which was released on August 23 and tracks manufacturing...
Workers are seen on a crane above containers at the Yangshan Deep Water Port in Shanghai, China January 13, 2022. (Image: Screenshot / REUTERS)
Data Shows Massive Decline in US-China Trade
News analysis The economies of the United States and China are rapidly decoupling from each other,...