Tag: economic
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Rupee expected to trade near record lows despite economic growth: Experts
[ad_1] The Indian rupee will trade near record lows against the dollar over the coming months, according to a Reuters poll of FX strategists who also said the Reserve Bank of India would likely intervene less in the coming year to support the currency. India’s economy is expected to expand 6.3% this fiscal…
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Turkmenistan to explore economic cooperation expansion with ECO countries
[ad_1] BAKU, Azerbaijan, November 7. Turkmenistan to discuss prospects for expanding economic cooperation with Economic Cooperation Organization (ECO) countries, Trend reports. These concerns will be tackled during Turkmen President Serdar Berdimuhamedov’s travel to Tashkent (Uzbekistan) to participate in the 16th ECO Summit, which will take place from November 8 to November 9, this year. Issues…
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Alberta, Saskatchewan and N.L best in economic downturn
[ad_1] Breadcrumb Trail Links News Once again, commodities are key Published Nov 01, 2023 • Last updated 1 day ago • 4 minute read Alberta, Saskatchewan and Newfoundland and Labrador are best positioned to weather the downturn, said Desjardins. Photo by Paul Chiasson /THE CANADIAN PRESS Article content Article content GDP data out yesterday confirmed that…
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Politics poses the biggest threat to economic growth in China
[ad_1] Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. Three recent columns asked whether China’s rapid rise in relative gross domestic product and GDP per head was coming to an end, as many believe (or hope). The first argued that China had the…
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How China-Israel Economic Ties Factor Into Beijing’s Approach to the Gaza War – The Diplomat
[ad_1] Advertisement The Israel-Gaza conflict provides a valuable chance for understanding how China manages economic and political considerations amid escalating geopolitical tensions. This dynamic presents a challenge as China navigates the delicate balance between economic interests and political alignments in an increasingly fractured global order. The relationship between China and Israel is often described as…
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Development as a Tool of Economic Statecraft: A Net Assessment of U.S. and Chinese Approaches
[ad_1] Over the past decade, China has upended the world of development assistance, rapidly becoming the world’s largest bilateral lender by channeling large sums of money into the developing world. As China’s economic engagement in the developing world has grown, so too have U.S. and allied concerns that China is leveraging development assistance to assert…
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Powell Says Strong Economic Data ‘Could Warrant’ Higher Rates
[ad_1] Jerome H. Powell, the chair of the Federal Reserve, reiterated the central bank’s commitment to moving forward “carefully” with further rate moves in a speech on Thursday. But he also said that the central bank might need to raise interest rates more if economic data continued to come in hot. Mr. Powell tried to…
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Economic Resilience in India: The Public’s Perspective
[ad_1] In recent years, India has showcased remarkable economic resilience, surmounting various challenges on both domestic and global fronts. With a GDP of $3,740 billion, India is the 5th largest economy in the world. Amidst a complex geopolitical scenario, exacerbated by the post-COVID impact and the Ukraine-Russia conflict, India has stood out as a robust…
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Mohammed bin Rashid, Georgian Prime Minister witness signing of UAE-Georgia Comprehensive Economic Partnership Agreement – Business – Economy and Finance
[ad_1] His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and Irakli Garibashvili, Prime Minister of Georgia, today witnessed the signing of a Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Georgia. The CEPA aims to double non-oil trade from $481 million to…
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Israel, Hamas conflict casts shadow on ambitious economic initiatives: official
[ad_1] Palestinian citizens inspect the damage to the Al-Sussi Mosque and their homes following Israeli air strikes in the Al-Shati Palestinian refugee camp on October 9, 2023 in Gaza City, Gaza. Almost 500 people have died in Gaza after Israel launched sustained retaliatory air strikes after Saturday’s attack by Hamas. | Photo Credit: Getty Images…