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Economy
Brussels Hopes the House of Lords will Resume Negotiations
Brussels Hopes that the House of Lords will Resume Negotiations
Boris Johnson, the British Prime Minister, declared the negotiations with the EU broken last Friday.…
Erdogan Accuses Russia, the US, and France of Arming Armenia
Erdogan Accuses Russia, the US, and France of Supplying Weapons to Armenia
Recep Tayyip Erdogan, the President of Turkey, accused Russia, the United States, and…
Ikea will start ‘Green Friday’ from November
Ikea will start 'Green Friday' from November
From November 23 to 29, Ikea will launch 'Green Friday.' In the context of the traditional 'Back Friday,' it is a…
EU Challenged the US Subsidies to Boeing
EU Challenged the US Subsidies to Boeing
The World Trade Organization resolution on US subsidies to Boeing this week is posited as an essential catalyst for…
VAT Reduction in Germany Reduces Inflation to the Lowest
VAT Reduction in Germany Reduces Inflation to the Lowest
The inflation index in Germany reached its lowest level in the last five years in September. Thus,…
Most Young Adults in the US Return Home to their Parents
Most Young Adults in the US Return Home to their Parents
The coronavirus pandemic has accelerated a major cultural and economic shift in the United States. Thus,…
White House Turns its Back Again on Stimulus Negotiations
White House Turns its Back Again on Stimulus Negotiations
Once again, the White House changed its strategy to stimulus talks on Sunday. The president's aides drove…
Is the DeFi Industry Still the Future of Finance?
Is the DeFi Industry Dead, or is it Still the Future of Finance?
As most DeFi-related tokens continue to retreat from their peaks this year, industry experts have…
The UK and EU will Head for a Brexit Deal
The UK and EU will Head for a Brexit Deal
Just as trade negotiations between the UK and the European Union appear to be collapsing, there is reason to suspect that…
Pelosi denies aid to airlines without broader stimulus
Pelosi denies aid to airlines without broader stimulus
House Speaker Nancy Pelosi said Thursday there could be no action on a separate bill to help airlines or any…
Anxiety as the US Economy Is Left to Sink or Swim
The US households and businesses have gone for two months without the enhanced unemployment benefits, low-interest loans, and other programs to boost the economy.
Two women advance to the final round for WTO leadership
Two women advance to the final round for WTO leadership
Members of the World Trade Organization selected two final candidates. Nigeria's Ngozi Okonjo-Iweala and…
Trump Cancels Negotiations for more Fiscal Stimulus
Trump Cancels Negotiations for more Fiscal Stimulus
US President Donald Trump, still recovering from his COVID-19 infection, participated in a conference call…
Trump: The Era of Foreign Abuse of the US Economy is Over
Trump: The Era of Foreign Abuse of the US Economy is Over
The White House issued a statement that President Trump is designating October 5, 2020, as the Made in…
U.S. Service Sector and Employment Grows, ISM Finds
The US service sector expanded in September for the fourth month in a row. Employment also grew for the first time since the COVID-19 pandemic began. The ISM index…
What the US Exiting from the WHO Means for Global Health
What the US Exiting from the WHO Means for Global Health
Maria Neira, the director of the Department of Public Health and Environment of the World Health…
Brussels Begins the Legal Procedure to Sanction the UK
Brussels Begins the Legal Procedure to Sanction the UK
The European Commission this Thursday started an infringement procedure against the United Kingdom for…
The Unemployment Rate Climbs to 8.1% in the Eurozone
The Unemployment Rate Climbs to 8.1% in the Eurozone
The unemployment rate in Europe increased one-tenth in August compared to July, to stand at 8.1%. Meanwhile, in…
US Economy Plunges 31.4% in Q2 but a Big Rebound is Expected
The Commerce Department reported the US’s GDP, its economy’s total output of goods and services, dropped at a 31.4% rate in the April-June quarter. It slightly…
US GDP Fell 31.4% YoY in the Q2, Better than Expected
US GDP Fell 31.4% YoY in the Q2, Better than Expected
USD GDP fell 31.4% year-on-year in the second quarter, better than expected. The figure improves slightly…