American paradox: Deficit widens even as economy grows

Credit to Author: jespinosa| Date: Sun, 16 Jun 2019 03:10:20 +0000

American paradox: Deficit widens even as economy grows

President Donald Trump likes to take credit for the US economy, with historic low unemployment and few signs of rising prices, but his promises that surging growth would pay for massive tax cuts are falling flat.

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Tempers flare as oil-rich Venezuela starts to ration gas at the pumps

Credit to Author: mfrialde| Date: Thu, 06 Jun 2019 00:02:33 +0000

Tempers flare as oil-rich Venezuela starts to ration gas at the pumps

BARQUISIMETO, Venezuela — Maria Lopez complains about gasoline rationing that Venezuela — home to the world’s largest oil reserves

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Iran president seeks wartime executive powers

Credit to Author: kadraneda| Date: Tue, 21 May 2019 07:55:50 +0000

Iran president seeks wartime executive powers

Iran’s president has told a group of clerics that he is seeking expanded, wartime executive powers to better deal with an “economic war” triggered by the Trump administration’s pullout from the nuclear deal and escalating U.S. sanctions.

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China’s economic activity weakens amid tariff war

Credit to Author: ggaviola| Date: Wed, 15 May 2019 11:48:57 +0000

China's economic activity weakens amid tariff war

BEIJING – China’s factory output and consumer spending weakened in April as a tariff war with Washington intensified, adding pressure on Beijing to shore up shaky economic growth.

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Trade dispute with US a political challenge for China’s Xi

Credit to Author: ggaviola| Date: Thu, 09 May 2019 14:19:13 +0000

Trade dispute with US a political challenge for China's Xi

BEIJING – The tariff war between Washington and Beijing poses one of the biggest challenges yet for Chinese President Xi Jinping, potentially exposing his political vulnerabilities at a time when the Chinese economy is already slowing.

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Palace touts Duterte reforms for highest PH credit rating

Credit to Author: cbibe| Date: Thu, 02 May 2019 01:26:48 +0000

Palace touts Duterte reforms for highest PH credit rating

Malacañang attributed the country’s higher credit rating to economic reforms attained under the administration of President Rodrigo Duterte.

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Mnuchin hopes for ‘substantial progress’ in China talks

Credit to Author: ggaviola| Date: Tue, 30 Apr 2019 10:04:43 +0000

Mnuchin hopes for 'substantial progress' in China talks

BEIJING – U.S. Treasury Secretary Steven Mnuchin said Tuesday he hopes for “substantial progress” in talks with Chinese officials aimed at ending a tariff war over Beijing’s technology ambitions.

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Economists expect 3.3% inflation for 2019 – BSP

Credit to Author: The Manila Times| Date: Sun, 28 Apr 2019 09:31:17 +0000

ECONOMISTS see inflation settling at 3.3 percent this year, the Bangko Sentral ng Pilipinas (BSP) said in a report, higher than its 3-percent full-year forecast but still within the 2-4…READ

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