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Tag: Economy

Argentine’s central bank hikes rates to 97% to battle inflation
Economy

Argentine’s central bank hikes rates to 97% to battle inflation

May 16, 2023May 16, 2023

Argentina’s central financial institution on Monday hiked its benchmark rate of interest by 600 foundation factors to 97%, in response to an official announcement. Argentina

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Argentine’s central bank hikes rates to 97% to battle inflation
Economy

Argentine Cenbank hikes rates to 97% to battle soaring inflation

May 15, 2023May 15, 2023

Argentina’s central financial institution on Monday hiked its benchmark rate of interest by 600 foundation factors to 97%, in accordance with an official announcement. Argentina

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US debt default would have ‘very serious repercussions’: IMF
Business

US debt default would have ‘very serious repercussions’: IMF

May 11, 2023May 11, 2023

A possible debt default prompted by failure to boost the U.S.’ debt ceiling would have “very serious repercussions” for the nation’s economic system in addition

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US inflation report spurs volatility for Asian shares
Business

US inflation report spurs volatility for Asian shares

May 11, 2023

Asian shares Thursday skilled a blended efficiency throughout risky buying and selling after a report indicated that inflation within the U.S. was moderating, regardless of

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Outlook darkens as China’s imports shrink, exports growth eases
Economy

Outlook darkens as China’s imports shrink, exports growth eases

May 9, 2023May 9, 2023

China’s imports contracted sharply in April, whereas exports rose at a slower tempo, reinforcing indicators of feeble home demand regardless of the lifting of COVID

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US Federal Reserve lifts interest rates by 25 basis points
Economy

US Federal Reserve lifts interest rates by 25 basis points

May 3, 2023May 3, 2023

The U.S. Federal Reserve hiked its benchmark lending fee by 1 / 4 level for the tenth consecutive time on Wednesday. The newest quarter-point improve

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Turkish factory activity gathers pace, Europe’s downturn deepens
Economy

Turkish factory activity gathers pace, Europe’s downturn deepens

May 2, 2023May 2, 2023

Türkiye’s manufacturing unit exercise expanded at a sooner tempo in April, a survey confirmed Tuesday, propelled by progress in new orders and output, because the

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China’s economy gathers speed but global risks cloud outlook
Economy

China’s economy gathers speed but global risks cloud outlook

April 18, 2023April 18, 2023

China’s financial system grew at a sooner tempo than anticipated within the first quarter of the 12 months after the abrupt finish of anti-COVID-19 curbs

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India’s migrants: Caught between jobless villages and city hazards
Economy

India’s migrants: Caught between jobless villages and city hazards

April 18, 2023April 18, 2023

As he crosses the mud homes and wheat fields round his village to catch a prepare to distant Mumbai, Sujeet Kumar says he is considering

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Global economy mired in weak growth, sticky inflation: IMF chief
Economy

Global economy mired in weak growth, sticky inflation: IMF chief

April 13, 2023April 13, 2023

The world financial system has confirmed remarkably resilient to a number of shocks, however has but to beat a mix of weak progress and sticky

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