Biden Administration To Add 8 Chinese Firms To Investment Blacklist
In another move amid the escalating US-China tensions, the Biden administration is reportedly adding eight more Chinese companies to its
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United States
White House Announces Release Of 50 Million Barrels of Oil From Reserve In Parallel With China, Japan, India, Others
The White House announced today that the country’s Department of Energy is making available releases of 50 million barrels of
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U.S.-EU Agree to Remove Trump Imposed Tariffs on EU Steel and Aluminum Manufacturers
On October 30, the U.S. and European Union (EU) reached an agreement to remove tariffs on more than US$10 billion
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US Payrolls Miss Threatens to Derail Fed’s ‘Substantial Further Progress’ Benchmark for Employment
The US labour market slowed down considerably in September, as businesses continued struggling to fill vacant positions. The latest nonfarm
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US Trade Deficit Soars to Record $73.3B Amid Ongoing Disputes With China
America’s trade deficit widened by another 4.2% in August, as a minuscule gain in exports failed to offset a much
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Is Stagflation Here? US Nonfarm Payrolls Unexpectedly Plummet Sharply in August
US job growth was sent into a sharp decline in August, enormously missing even the most pessimistic of estimates, and
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White House Wants OPEC to Boost Oil Production in Effort to Contain Fuel Prices
The White House has asked the Organization of the Petroleum Exporting Countries (OPEC) to boost crude oil output, in an
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America’s Unemployment Rate Falls to 5.4% as Labour Market Growth Exceed Forecasts
America’s labour market rebounded strongly in July, significantly surpassing expectations as hiring rose by the sharpest pace in almost a
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Biden Administration Takes Aim at Tax Loopholes Used by the Country’s Wealthiest 0.1%
Some of America’s wealthiest were in for a surprise last month, after a 114-page document published by the US Treasury
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Russia Dumps $5 Billion From Oil Fund, Embraces Euro, Yuan Instead
Russia has dumped a significant portion of the greenback from its oil fund last month, in favour of other currencies
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