Tag: economics
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Yellen’s Diplomatic Mission to Beijing: A Strategic Step Towards Cooling US-China Tensions
On July 6, U.S. Treasury Secretary, Janet Yellen, embarked on a four-day diplomatic journey to Beijing...
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Canadian Banking System Remains ‘Stable and Resilient’ Amid SVB Shutdown
Canada assures that its financial institutions are “stable and resilient” following the collapse of California-based...
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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...
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Nasdaq Wanes Amid Weak Big Tech Earnings
(Reuters) — The Nasdaq index fell on Wednesday, Oct. 26 as disappointing results and warnings from Microsoft...
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Rishi Sunak Selected as New UK PM: What You Need to Know
LONDON (Reuters) — Rishi Sunak became England's first prime minister of color on Tuesday, Oct. 25 after...
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US Fiscal Budget Deficit Halves to $1.375 Trillion Despite Student Loan Costs
WASHINGTON (Reuters) — The U.S. government revealed on Friday, Oct. 21 that its fiscal 2022 budget deficit...
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South Africa’s Transnet Agrees to Three-Year Wage Deal With Majority Labor Union
(Reuters) — South African state-owned logistics firm Transnet said on Monday, Oct. 17 that it had agreed...
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Saudi Wealth Fund Raises $3 Billion in Debut Green Bonds
DUBAI (Reuters) — Saudi Arabia's Public Investment Fund was set to raise $3 billion on Wednesday, Oct...
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Beijing Renews Plans for Private Sector Reform as Economy Sinks
The Chinese leadership aims to create a new mechanism that would open up more of the economy to the private...