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Florida Woman Who Alleged Baby Powder From J&J Triggered Her Cancer Loses Lawsuit 04/19/2024

According To S&P, China's Fiscal Stimulus Is Becoming Less Effective 04/19/2024

S&P downgrades Israel's ratings to 'A+' from 'AA-' due to rising geopolitical risks 04/22/2024

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Canada legalizes cannabis; tax profits expected to increase

A federal law on the legalization of cannabis for recreational purposes entered into force on Wednesday in Canada. In fact, Canada became the first state from the G7 and the second country in the world after Uruguay (legalized in 2013), which transferred this light drug to the legal field, allowing...

Chinese regions debts are going off-balance

Off-balance sheet debt of the Chinese regions in 2017 reached 37 trillion yuan ($ 5.5 trillion), or 45% of GDP, and this figure is significantly higher than the official debts of these issuers (16.5 trillion yuan), Standard & Poor's calculated. Such debt was issued through special financial...

Top 10 countries with the most expensive brands

Brand Finance Nation Brands 100 is a global study accompanied by a rating of countries in terms of the value of national brands according to the British consulting company Brand Finance. The study’s authors believe that condition of a country's brand affects its reputation, self-identification and...

IEA: Global market is getting accustomed to expensive oil

Weak global growth, trade disputes and high oil prices will limit growth in demand for fuel raw materials to 1.3 million barrels per day in 2018 and 1.4 million bpd in the year 2019. In both cases, this is 110,000 bpd less than expected in September, a new report of the International Energy Agency...

US Dollar collapses along with indices and bonds yield

On Thursday, the US dollar fell against the major currencies of developed countries and most developing currencies, with the exception of the Russian ruble, following the decline in stock indices and yields on US treasury bonds the day before. President Donald Trump accused the Federal Reserve of...

World Bank’s New Index Of Investment In 'Human Capital' Dominated By Asian Countries

A new measure coined by the World Bank called the “human capital index” which measures youth mortality, schooling and health was dominated by Asian countries. It is possible that lifetime earnings could be doubled by more than half the children born this year because of increasing investment in...

New Stricter EU Climate Targets Criticised By German Auto Industry

The decision of the national governments in the European Union (EU) to agree to impose stricter targets of carbon dioxide (CO2) reduction in the region has been criticised by the German automotive industry. "I think it is regrettable that a majority of member states could not bring...

Trump’s trade war benefits Brazil

The trade war between the United States and China is changing the farming business around the world, supporting Brazilian soybean producers and worsening the position of American farmers, reports Reuters. Last year alone, US producers sold $ 12 billion worth of soybeans to China. However, in July...

Study Shows Historic Low Unemployment In Germany Making Hiring Difficult

A recent study conducted by the Institute for Employment Research (IAB), which is the research institute of Germany's Federal Employment Agency, claimed that the historically low rates of unemployment in the country has made it very difficult for companies an firms there to find the right candidate...

Italy Warned By IMF To Conform To EU Rules On Spending In Its Next Budget

The opposition of the European Union against the plans of the Italian government to borrow more money for an already heavily indebted economy in its next budget was supported by the International Monetary Fund. A warning was issued to Italy by the Washington-based lender that the...