Economy
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China hikes tariffs on U.S. goods to 125% in escalating trade war with Trump
Beijing increased its tariffs on U.S. imports to 125% on Friday, hitting back against President Donald Trump’s decision to raise…
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Dollar plunges, stocks wobble over trade war turmoil
Investors dumped US government bonds, the dollar tumbled and stocks seesawed Friday, capping a volatile week as President Donald Trump’s…
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US Consumer Inflation Cools to 2.4% in March: Govt
US consumer inflation cooled last month on plunging gas prices, according to government data published Wednesday, as consumers and businesses…
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Canadian PM Calls Trump’s Tariff Pause a ‘Welcome Reprieve’
Canadian Prime Minister Mark Carney hailed US President Donald Trump’s decision to pause sweeping tariffs as a “welcome reprieve” for…
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Precious Metals: Gold Rises to $3,120 per Ounce
Spot gold climbed 1.2% on Thursday, reaching $3,120.01 per ounce as ongoing geopolitical tensions continue to fuel demand for the…
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EU Suspends Counter-Tariffs for 90 Days After US U-turn
EU chief Ursula von der Leyen said Thursday the bloc will put planned tariffs on US goods on hold “to…
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Air Algérie Sets Sights on Becoming Top African Airline
ALGIERS — Air Algérie CEO Hamza Benhamouda affirmed that the national carrier aims to become a leading airline in Africa,…
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China’s 84% Tariffs on US Imports Take Effect as Trade War Deepens
China’s 84% tariffs in retaliation against US President Donald Trump’s steep levy hike on Chinese imports came into effect Thursday,…
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Universal Basic Income Does Not Stop People Working: Study
People paid enough to live on without any conditions attached were no more likely to work fewer hours and reported…
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EU Approves Countermeasures Against US Tariffs, Set to Impact €21 Billion in Imports
In the latest escalation of the trade conflict, EU member states voted on Wednesday in favor of European Commission trade…
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