Author Archives
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Mega Asian Trade Deal To Be Signed During The Weekend
After almost a decade in the making, a mammoth trade deal is to be signed by Asian leaders this weekend. The deal would have in its fold ten member countries of the Association of Southeast Asian Nations (Asean), as well… Read More ›
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US-China Trade Tensions To Remain Even Under Biden, Says Former China Finance Minister
According to former Chinese finance minister Lou Jiwei, even if Joe Biden becomes president of the United States replacing Donald Trump, there would likely be no easing of the trade war between the US and China at least in the… Read More ›
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US Bans American Investment In Chinese Firms With Links To The PLA
All American investment in Chinese companies that the United States government deems to have relationship with the Chinese military will not be prevented under and order issued by the US President Donald Trump. China was accused in the order by… Read More ›
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New Proposal Suggests Imposing A Work From Home Tax For Employees After Pandemic
A new report has suggested that special taxes should be imposed on those employees who continue working from home after the pandemic is over and the amount should be used to help out the lower-paid workers. A proposal of imposing… Read More ›
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China Proposes New Draft Digital Rules Targeted At Chinese Internet Giants
A set of new rules aimed at clamping down on the market power of the country’s biggest internet companies has been proposed by China. According to analysts, the proposed regulations indicate the growing unease of the Chinese regulators with the… Read More ›
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Halt In Summer Recovery Likely To Result In Double-Dip Recession For UK Economy
Most recent economic data from the United Kingdom showed slowing growth for the dominant services sector last month which has made analysts predict a double-dip recession for the British economy this winter. A recovery over the summer stalled in October… Read More ›
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Analysis Firm Claims $1 Billion Worth Of Bitcoin Linked To Silk Road Black Market Is Moving
A London-based blockchain analysis firm Elliptic has claimed that almost $1 billion worth of bitcoin tha have possible links with the Silk Road online black market is on the move. In 2013, the United States authorities closed down Silk Road… Read More ›
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Straight Third Quarterly Loss Reported By Exxon In The Third Quarter
Measures much deeper cuts on spending in the near future were detailed by Exxon Mobil Corp as the company reported a loss for the third quarter – a straight third quarter of loss for the energy giant. The company is… Read More ›
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Global Oil Price Slump Induced By New Coronavirus Lockdowns
Fresh lockdown ion some countries – particularly in Europe, because of a new wave of novel coronavirus infections pushed global oil prices to a five-month low on Monday. With rising rate of infection of Covid-19, many countries including UK, France… Read More ›
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A Double-Dip Recession Could Hit Europe
Despite posting record growth for the third quarter, some analysts and economists feel that Europe still faces the spectre of recession. After the third quarter, there is a looming risk that the region would be pushed straight back into recession… Read More ›
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