China’s status as the workshop of the world is coming under pressure, with clear signs that foreign trade is shrinking as other countries look to diversify their supply chains and reduce dependence on Chinese goods....
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Inflation is hitting shoppers' wallets hard, and the Federal Reserve's response of raising interest rates may cause a recession, but companies are thriving. In the US, profit margins have hit record levels not seen since shortly after the Second Worl...
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France’s finance minister has said that increasing sanctions against Russia should be considered as the current measures have been “very effective.” “We are in the process of outlining these new sanctions, but, for the time being, I want to say tha...
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In 2022, the five biggest oil companies in the West made profits of almost $200 billion, leading to demands for stringent windfall taxes by governments. TotalEnergies, the French oil giant, posted a full-year profit of $36.2 billion, twice the previ...
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According to sources knowledgeable about the situation, officials from the Chinese government will introduce further measures to ease the financial strain on some of the country's largest real estate developers as the housing market continues to decl...
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