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Economy

Economy

60% tariff on Chinese goods could slash GDP growth by 2.4%, Citi warns

Investing.com — As per analysts at Citi Research, if a 60% universal tariff were imposed on Chinese goods entering the U.S., the…
Economy

Washington Post reports Elon Musk briefly worked illegally in US in 1990s

WASHINGTON (Reuters) – The Washington Post reported on Saturday that South African-born billionaire businessman Elon Musk worked illegally in the United States…
Economy

Taiwan reports Chinese ‘combat patrol’ after Beijing slams US arms deal

By Ben Blanchard and Ryan Woo TAIPEI/BEIJING (Reuters) -Taiwan’s defence ministry said on Sunday that Chinese warplanes and warships had carried out…
Economy

G7 leaders agree to deliver $50 billion in loans to Ukraine as soon as December

By Angelo Amante and David Lawder ROME/WASHINGTON (Reuters) – Leaders of the Group of Seven wealthy democracies on Friday reached consensus on…
Economy

US approves $2 billion arms sale to Taiwan including Ukraine tested missile system

By Mike Stone and Ben Blanchard WASHINGTON/TAIPEI (Reuters) -The United States has approved a potential $2 billion arms sale package to Taiwan,…
Economy

China expresses concern over tariffs, sanctions in US meeting

HONG KONG (Reuters) – China expressed concern over U.S. tariffs and Russia-related sanctions during a meeting of the two countries’ Economic Working…
Economy

Citi quantifies the impact of a unilateral tariff increase by the US

Investing.com — Citi Research has quantified the impact of a unilateral tariff increase by the United States, offering a comprehensive understanding of…
Economy

Italy police arrest four over alleged illegal database access, source says

MILAN (Reuters) – Italian police have placed four people under house arrest as part of a probe into alleged illegal access to…
Economy

US money market funds see large inflows as election nears

(Reuters) – U.S. money market funds attracted substantial inflows in the week to Oct. 23 as uncertainty over the U.S. presidential election…
Economy

Romanian firms wary of post-election shock therapy to cut budget deficit

By Luiza Ilie BUCHAREST (Reuters) – Romania’s largest employer association says a widening budget deficit is siphoning money away from the real…
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