Author Archives
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Advisor To China’s Central Bank Suggests Fundamental Changes To Boost The Economy
According to an adviser of the Chinese central bank, China has little room for more monetary policy easing and should focus on structural changes like supporting businesses rather than relying on macroeconomic measures to boost GDP. Beijing’s ability to ease… Read More ›
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Island Nations Criticize Wealthy Nations For Their Climate Inaction At The UN Assembly
At the UN General Assembly this week, island nations facing the brunt of climate change’s effects challenged wealthy nations, claiming their survival was at peril because industrialised nations were not acting quickly enough. “There are many amongst us, the small… Read More ›
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The Euro Zone’s Economy Probably Shrank This Quarter
A study revealed that the euro zone economy is likely to fall this quarter and won’t soon resume growing as the dampening effect of central banks’ protracted campaign of interest rate increases becomes more apparent. S&P Global’s HCOB Flash Euro… Read More ›
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After Over A Decade Of Employment Growth, The US Fed Is Slashing Employees
About 300 employees of the U.S. Federal Reserve system will lose their jobs this year, a minor but unusual fall in the workforce for a company that has been gradually expanding since 2010 as its influence in the economy and… Read More ›
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Shein Changes His Shipping Tactics To Bring Chinese Products Closer To US Consumers
According to data from global trade intelligence company ImportGenius made available exclusively to Reuters, e-commerce behemoth Shein is sending more inexpensive clothing and household goods to U.S. warehouses from China to shorten shipping times for customers. Shein, famous for its… Read More ›
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China’s Economic Difficulties Fuel Calls For More Extensive Changes
Government advisors in China are divided over the appropriate course of action due to the country’s economic slowdown, with supporters of structural reforms now coming out of the shadows to take on others who want to increase state spending to… Read More ›
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Investors Are Alarmed By The US Fed’s Hawkish Approach, Yet Some Claim Peak Rates Are Imminent
Though some investors are sceptical that the US Federal Reserve will stick to its guns, the central bank’s intentions for a protracted period of high interest rates might continue to pressure equities and bonds in the months to come. In… Read More ›
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China Promises To Swiftly Implement Further Economic Measures
Following the economy’s hesitant stabilisation, state media outlet CCTV claimed on Wednesday that China would expedite the deployment of additional policies to support its economic recovery. The news was based on a cabinet meeting presided over by Premier Li Qiang…. Read More ›
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Despite Criticism From The West, China Pushes For Closer Trade Ties With Russia
China and Russia pledged Tuesday to forge ever-closer economic ties despite opposition from the West following Russia’s invasion of Ukraine last year. China supported expanded cross-border connectivity with Russia as well as stronger mutual trade and investment cooperation. Tuesday’s “in-depth”… Read More ›
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What Impact Can Rising Tensions Have On Trade Between India And Canada?
As tensions build following Prime Minister Justin Trudeau’s statement that police are looking into “credible allegations” linking New Delhi’s operatives to the death of Sikh separatist leader Hardeep Singh Nijjar, trade discussions between India and Canada have been hampered. On… Read More ›
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