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Goldman Sachs obliges its employees to get permission to travel to Paris during the Olympic Games 2024 04/30/2024

Russia Paid Middlemen For Half Of Its Payments To China: Report 04/27/2024

Quarterly growth of US GDP turns out to be worse than forecasts 04/26/2024

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Economics

Capital Economics: Asia keeps low inflation and stable supplies

Capital Economics: Independent macro researchhttps://www.Asia is still the only area that hasn't witnessed a significant increase in inflation. According to Capital Economics specialists, because these nations haven't imposed long-term limitations, there hasn't been a jump in demand when the limits...

WTO The First Major Diplomatic Casualty Of New Breakout Of New Coronavirus Variant Outbreak

The new coronavirus strain that was very recently identified in South Africa has force the World Trade Organization (WTO) to postpone its meeting of its ministerial committee for the first time in the last four years due to the degrading Covid-19 situation being caused by the new virus. The WHO...

Global Investors Continue To Favour China Over “Overvalued” India

In a shift in the two largest emerging markets, investors with billions of dollars in their portfolios are gradually beginning to favour China over India and reverse the trend of the past year that has pushed markets in opposite direction. BlackRock Inc. has upgraded Chinese stocks as the...

New Coronavirus Variant Rattles Investors, Global Share Take A Hit

Global stock markets have plummeted following the discovery of a new Covid strain prompted concerns about the economy's recovery. The FTSE 100 index in London fell over 3%, while markets in Germany and France also fell as a result of Asian market declines. Airlines and travel...

Cryptocurrencies Are Set To Be Banned In India

In a long-anticipated law, India is prepared to move through with its aim to prohibit most cryptocurrencies in the nation. In recent months, there has been growing speculation that the government will change its stance on digital currencies. The prohibition would apply to all...

Chinese Regulator Working With US Counterparts To Avoid Delisting Of Chinese Firms Form US Browsers

Even as a long going dispute over maintaining similar audit standards for Chinese companies continues between the United States and China, reports quoting a Chinese regulatory official claim that authorities in Beijing are currently working with their counterparts from Washington to avoid Chinese...

US and Canada may be left without grain due to fertilizer shortages

A global shortage of nitrogen fertilizers and record-high prices are forcing US corn, canola and wheat farmers to delay purchases. This threatens to reduce harvests for North American countries. Canadian company Nutrien (the largest supplier of fertilizers in the U.S. and the world market leader in...

Europe's Economic Recovery Under Cloud By Threat Of Covid-19 Surge

A return of coronavirus infections in Europe is raising concerns that the region's successful economic recovery from the epidemic might be threatened by another harsh winter. So far, the new Covid-19 wave has had just a minor influence on corporate activity in the eurozone's 19 member...

Wall Street Banks Evaluate Risks And Opportunities Of Rising US Inflation At 31-Yr High

Wall Street banks are preparing for a prolonged period of higher inflation by conducting internal health checks, checking whether clients in vulnerable industries can repay loans, developing hedging measures, and advising prudence when it comes to transactions. Consumer prices in the...

US Convinces Other Oil Importers To Release Oil Reserves To Challenge OPEC+

After OPEC+ producers repeatedly disregarded demands for extra petroleum, US President Joe Biden's administration stated on Tuesday that it will release millions of barrels of oil from strategic reserves in collaboration with China, India, South Korea, Japan, and the United Kingdom to attempt to...