Category: World
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Sri Lanka banks on China
Sri Lanka has announced that it will be borrowing a $1 billion eight-year syndicated loan from China Development Bank. Chinese investments in Sri Lanka have raised..
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US may lose primacy as No: 1 currency
The US has the largest debt in world history and the dollar might lose its status as the No: 1 currency in the world. This was an opinion articulated by Jim Rogers at…
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Ebola outbreak in DRC deepens
The World Health Organization has sounded an alarm that the Democratic Republic of Congo is on an “epidemiological knife’s edge,” with regards to the recent outbreak..
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Musk takes shots at media
Tech entrepreneur Elon Musk has criticized news reports and accused the media of being dishonest. He has also revealed that he might start a new website that will rate..
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Allegations against Cohen
Recent reports have claimed that attorney Michael Cohen may have accepted $400,000 from Ukrainian agents in return for arranging talks between President Petro..
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Trump can’t block
A US judge has ruled that President Donald Trump cannot block people on his Twitter account. The judge stated that as he is the leader of the nation, blocking US citizens..
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OBOR impacts Western Balkan Nations
Western Balkan nations are facing a growing debt risk partly due to the China-led infrastructure development project. The International Monetary Fund has said..
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Argentina, IMF in talks
Argentina is currently in talks with the IMF to avoid a financial crisis and rescue its currency from depreciating further. The Peso has fallen 25% against the dollar since..
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Rolling back Dodd Frank rules
In May 2018, Washington lawmakers voted to pass a bill to roll back on majority of the Dodd Frank banking rules that had been instated post the financial crisis of 2008..
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European lawmakers scrutinize Facebook
On May 22nd, 2018, Facebook CEO Mark Zuckerberg met with members of the European Parliament to discuss data mining and the controversy surrounding Cambridge..