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December 29,2020
Bitcoin is on track for its longest monthly winning streak in more than a year after touching a record of more than $28,000 over the weekend.
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December 25,2020
Britain clinched a narrow Brexit trade deal with the European Union on Thursday, just seven days before it exits one of the world’s biggest trading blocs in its most significant global shift since...
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December 15,2020
The European Central Bank made a stark admission last week as it announced a fresh round of policy measures; even three years from now, it’ll still be well short of its inflation goal of just under...
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December 12,2020
Cuba will end its decades-old dual currency system and have a single unified exchange rate of 24 pesos per dollar from January, Cuban President Miguel Diaz-Canel said.
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December 09,2020
The renewed outbreak of Covid-19 infections in some parts of the world has dampened the global economic outlook in the short run, said Philippine Central Bank Governor Benjamin Diokno.
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December 06,2020
The European Central Bank is set to unleash more stimulus for the eurozone at its last meeting of the year on Thursday, as the region's battered economy grapples with a second wave of Covid-19.
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December 05,2020
India's economy is projected to shrink 7.5% in the current fiscal year through March, its central bank governor said on Friday, upwardly revising an October forecast for a 9.5% contraction.
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December 02,2020
The UN said on Tuesday $35 billion would be needed for aid in 2021, as the pandemic leaves tens of millions more people in crisis, and with the risk of multiple famines looming.
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November 30,2020
The coronavirus-delayed Tokyo Olympics could cost $1.9 billion more than its original budget of $13 billion, marking a 15% increase, a report said on Sunday.
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November 24,2020
Rebalancing flows may lead to an exodus of around $300 billion from global stocks by the end of the year, according to JPMorgan Chase & Co.
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November 11,2020
The announcement earlier this week that an effective coronavirus vaccine has been developed was given a rapturous welcome by global markets, but UBS Chairman Axel Weber cautioned that even with a...
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November 09,2020
Berat Albayrak, the son-in-law of Turkish President Recep Tayyip Erdogan, unexpectedly resigned as the country’s economy czar a day after the central bank governor was fired, igniting fresh...
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November 08,2020
Warren Buffett has gone from a stock-buyback skeptic to one of the world’s biggest repurchasers as his own firm becomes his favorite investment in the pandemic.
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November 07,2020
Joe Biden will become the 46th president of the United States, CNN projects, after a victory in the state where he was born put him over the 270 electoral votes needed to win.
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November 06,2020
The EU has called on Israel to cease demolishing Palestinian homes in the occupied West Bank and lift a threat to demolish Palestinian schools, calling them "an impediment towards the two-state...
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October 26,2020
Japan will achieve zero carbon emissions by 2050, Prime Minister Yoshihide Suga declared on Monday, outlining an ambitious agenda as the country struggles to balance economic and pandemic concerns...
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October 25,2020
Lee Kun-hee, the ailing Samsung Electronics chairman who transformed the small television maker into a global giant of consumer electronics but whose leadership was also marred by corruption...
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October 20,2020
Japan’s central bank is expected to cut its growth and price forecasts for the current fiscal year at next week’s rate review, sources familiar with its thinking said, as the coronavirus pandemic...
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October 14,2020
Azerbaijani President Ilham Aliyev said Wednesday that Armenia was trying to attack gas pipelines in Azerbaijan and that the outcome will be severe if Armenians try to take control of them.
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October 04,2020
The outlook for the aviation industry has deteriorated again due to rising coronavirus infections and renewed travel restrictions, Airbus chief operating officer, Michael Schoellhorn, was quoted as...
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October 02,2020
The European Central Bank must prepare to issue a digital euro to complement banknotes “if and when” it becomes necessary, ECB board member Fabio Panetta said on Friday.
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September 30,2020
The Emir of Kuwait, Sabah Al-Ahmad Al-Jaber Al-Sabah, who ruled the oil-rich Persian Gulf state for 14 years, has died at the age of 91, state television reported on Tuesday.
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September 25,2020
North Korean leader Kim Jong Un wrote to South Korean President Moon Jae-in to apologize for the shooting of a South Korean fisheries official in its waters on Tuesday.
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September 16,2020
Palestinian leader Mahmoud Abbas says only an Israeli withdrawal from occupied territories can bring peace to the Middle East, as the UAE and Bahrain signed normalization accords with the Israel.
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September 14,2020
Yoshihide Suga was elected as the new head of Japan’s ruling party on Monday, virtually guaranteeing him parliamentary election as the country’s next prime minister.