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How Dollar Hegemony Fuels the US Trade Deficit
Explore how the U.S. dollar’s global dominance impacts the nation’s trade deficit, influenced by income distribution and savings rates.
Economy
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China-Germany Financial Talks Emphasize Collaboration Over De-Coupling
China and Germany reaffirm their commitment to deepening financial cooperation and rejecting economic de-coupling in their latest high-level dialogue.
Super Golden Week: Celebrating China’s Culture and Economic Resilience
China’s Super Golden Week blends cultural festivities with economic growth, promoting tourism and sustainable travel both domestically and internationally.
US on Brink: Government Shutdown and Debt Ceiling Crisis Loom
The US faces an imminent government shutdown and debt ceiling crisis, highlighting deep political divides and raising concerns about economic stability.
Birmingham’s Bankruptcy: A Sign of Western Economic Struggles
Birmingham’s bankruptcy highlights broader economic challenges in the West. Expert John Ross discusses the causes and implications for the global economy.
15th BRICS Summit Kicks Off in South Africa with Global Implications
Dive into the highlights of the 15th BRICS Summit in South Africa, exploring key discussions and global impacts.
Spanish Gas Stations Revolt Over Govt-Backed Fuel Discounts
Spanish gas stations threaten legal action over a government-mandated fuel discount policy, citing financial strain from reimbursement delays and outdated sales data. Over 3,000 stations risk closure.
England Shortens COVID-19 Isolation Period Amid Rising Cases
England reduces COVID-19 isolation from 10 to 7 days for negative test results, aiming to balance public health and boost the economy amid record case highs.
UK Allocates $1.32B to Support Struggling Hospitality Amid COVID Surge
UK PM Boris Johnson announces a $1.32 billion support package for the struggling hospitality sector as COVID-19 cases rise, delaying stricter measures until after Christmas.
Indian Families Struggle with Rising Inflation Post-COVID
Post-COVID inflation is putting financial strain on Indian households, with rising prices of essentials and household goods forcing families to adjust their budgets.