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Economy
Australia’s Economy Tops GDP Expectation with 3.1% Increase
Australia's economy has beaten expectations with a 3.1 % recorded increase in its annual GDP.
US Economy Holds Risk on Trade Dispute with Allies
Trump economic adviser warned that the trade disputes could put risk the US economy.
China’s Economy Faces Battle On Moderate Decline without a Fight
Bloomberg Economics showed indicators that China's economy is resisting slowdown without a fight.
Trump Withdraws US from Iran Deal, Upsets European Allies
President Donald Trump announced on Tuesday that he will withdraw the United States from the Iran deal, upsetting its European allies on the process.
Euro Zone Inflation Surprisingly Falls to 1.2 percent
Euro zone inflation unexpectedly fell to 1.2% for the month of April.
Japan and China Resume Economic Talks after 8 Years
After a hiatus of nearly 8 year, Japan and China resumed economic talks on Monday.
Xi Renews Vows to Open China Economy amid US Trade Dispute
Chinese President Xi Jinping renewed his vow to further open China economy.
China Announces New Tariffs on $50 billion worth US Products
China announced new tariffs on US products that are worth $50 billion; trade war fears heightened.
China Retaliates with New Tariffs on 128 US Imports
China retaliated with new tariffs on 128 US imports, including pork and fruit.
US Economy Grew Faster than expected in 4th Quarter 2017
The US economy grew at a faster pace in the 4th quarter of 2017.