Economy
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US economic activity rises but growth seen slowing, Fed Beige Book shows
The US economy showed an overall increase in activity since late May, though most regions expect the pace of expansion to weaken,…
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Russia’s flagship crude oil surpasses G-7 price cap for first time
Russia’s flagship Urals crude oil has, for the first time, surpassed the price cap set by Group of Seven nations in an…
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Pakistan’s $3 billion bailout program approved by IMF board
The International Monetary Fund (IMF) said Wednesday that it has approved a $3 billion loan agreement for Pakistan, unlocking crucial funding…
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China exports tumble more than expected in June
Chinese exports tumbled more than expected in June, official data showed Thursday, putting fresh pressure on Beijing to unveil more stimulus…
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Chinese women economists called ‘traitors’ online for lunch meeting with Yellen
A group of Chinese female economists who met with US Treasury Secretary Janet Yellen over the weekend have been lambasted…
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Egypt’s annual urban consumer inflation rises to all-time high of 35.7 pct in June
Egypt’s annual urban consumer price inflation in June rose to a record 35.7 percent year-on-year from 32.7 percent in May,…
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China inflation flat in June as domestic demand slows, economy struggles
Chinese inflation was flat last month while producer prices sank more than expected, official data showed Monday, in the latest…
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Pakistan foreign workers’ remittances down to $2.2 bln in June: Central bank
Foreign workers’ remittances in Pakistan fell to $2.2 billion during the month of June from $2.8 billion a year earlier,…
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The rush for nickel: ‘They are destroying our future’
Two men are carrying torches and homemade arrows as they slip into the ocean at night on an Indonesian island.…
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Repatriation of gold reserves on the rise amid rising geopolitical tensions: Study
An increasing number of countries are repatriating gold reserves as protection against the sort of sanctions imposed by the West on Russia, according…
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