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news-10092024-063228

China’s August Trade Surplus Hits ¥649.34 Billion

China's August Trade Surplus Hits ¥649.34 BillionChina's trade surplus in August reached a staggering ¥649.34 billion, showcasing the country's strong position in global trade. This surplus, calculated as the difference between the country's exports...
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The Impact of Presidential Candidates on America’s Deficit: Who Will Make It Worse?

Presidential Candidates and America's Deficit: A Deep DiveAs the November presidential election draws near, the looming question on many Americans' minds is: Who will make the deficit worse, Kamala Harris or Donald Trump? The...
news-10092024-063137

Revolving Debt Surges to $1.36T in July, Exceeds Pre-Pandemic Levels by 25%

Revolving debt in the United States has soared to $1.36 trillion in July, exceeding pre-pandemic levels by a significant 25%. This surge in consumer debt reflects a complex interplay of factors, including rising inflation...
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GBP/USD Pullback Ahead of UK Employment Report – Action Forex

The GBP/USD pair faced resistance near the 1.3250 level against the US Dollar and initiated a downside correction below 1.3200. This correction came after struggling near the 1.3260 mark, indicating a short-term top formation...
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Rebuilding Trust: Addressing China’s Crisis of Confidence

China's leaders have set forth ambitious plans to propel the country's economy forward over the next decade and beyond. With visions that span one, five, and even 15 years, the need for vast amounts...
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Regional Disparities Persist Despite Progress in EV Infrastructure Development

Regional Disparities in EV Infrastructure Development Persist Despite ProgressThe landscape of electric vehicle (EV) infrastructure in the United States is evolving, with advancements being made in the development and accessibility of EV charging stations....
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Bitcoin Price Surges Above $57,000 After Worst Week

Bitcoin Price Surges Above $57,000 After Worst WeekBitcoin's price surged above $57,000 on Monday evening following a rebound on Wall Street after its worst week of the year. The flagship cryptocurrency jumped by 5.6%...
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ECB to Consider Rate Cut at September 12 Meeting amid Weakening Outlook | Forexlive

The European Central Bank (ECB) is set to convene on Thursday, September 12, amidst growing concerns over the weakening economic outlook in the eurozone. Market analysts widely anticipate that the ECB will consider implementing...
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Rising Office Delinquencies in America: Causes and Solutions

American offices have long been a symbol of progress and innovation, with tech firms pushing the boundaries of design and skyscrapers in Manhattan reaching new heights. However, in recent times, a concerning trend has...
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EU Faces Competitive Challenge for Tech Investment: Draghi Report

The European Union is facing a critical challenge in maintaining its competitiveness in the global tech investment landscape, according to a recent report led by former European Central Bank President Mario Draghi. The report,...