Tags: US

China’s Yuan Beats US Dollar as the Top Currency Traded in Russia

China’s Yuan Beats US Dollar as the Top Currency Traded in Russia

China's yuan has ousted the US dollar as the most traded currency in Russia in 2023. China's yuan has ousted the US dollar as the most traded currency in Russia in 2023.


US Designates Houthis as Terrorists, Launches Fresh Strikes in Yemen After Rebels Hit Another US-Operated Ship

The US has put Houthi rebels back on a list of terrorist organizations following the Yemen-based group's attack on another US-operated vessel in the Red Sea region.

Joe Biden Administration Takes Credit for December’s Strong Retail Sales Numbers, Says 'That's Bidenomics at Work'

The administration of President Joe Biden has claimed credit for the strong retail sales numbers in December, saying, "That's Bidenomics at work."

Congress Unveils Bipartisan Deal to Enhance Child Tax Credit, Revive Tax Breaks for Businesses

The chairmen of Congress' top tax policy committees announced on Tuesday a bipartisan initiative to enhance the child tax credit and reintroduce various tax breaks for businesses.


Latest News

US Leads Public Distrust in Innovation, New Survey Shows
A new survey conducted ahead of the World Economic Forum's annual meeting this week revealed that businesses and governments are poorly managing and regulating new technologies.
Jeffrey Epstein Accuser Sues JPMorgan Chase
JPMorgan Chase has concluded the year 2023 with the largest annual profit in the history of US banking.
Oil Prices Surge After US, Britain Strike Back at Houthi Rebels in Yemen
Oil prices jumped 2% on Friday as the United States (US) and Britain launched air and sea strikes in Yemen against the Houthi militants.
Healthy US-China Ties No Longer Optional But 'Imperative,' Chinese Foreign Minister Says
Chinese Foreign Minister Wang Yi has emphasized the importance of establishing a correct understanding and cooperation between the United States (US) and China, saying that it is "no longer an option but an imperative" for the world.
Nvidia to Launch a New Slower Gaming Chip in China to Comply With US Export Controls
US semiconductor giant Nvidia plans to introduce a slower version of its gaming processor in China to comply with US export restrictions.
Russia Warns Japan, South Korea Over Moves to Help Ukraine as US Unveils New Military Aid Package for Kyiv
Russia has expressed anger over Japan's move to help Ukraine and South Korea's economic sanctions against Moscow.
US Buys 3 Million Barrels of Oil to Replenish Strategic Reserve
The United States has successfully finalized contracts to buy three million barrels of oil to help replenish the Strategic Petroleum Reserve (SPR) following last year's record-setting sale, the US Department of Energy disclosed.
Joe Biden Celebrates 'Significant Milestone' in the Battle to Bring Down Inflation
The United States hits a "significant milestone" in the fight to bring down inflation, and President Joe Biden acknowledged this positive development in a statement.
Joe Biden Signs New Executive Order Targeting Financial Facilitators of Russia's Defense Industry
President Joe Biden has signed an executive order providing the US Treasury Department the authority to sanction financial institutions facilitating Russia's efforts to strengthen its military capabilities.
China, Russia Boast Bilateral Trade at 'All-Time High' Despite Sanctions From the US and Its Allies
China and Russia have vowed ever closer economic ties despite disapproval from the West that promised to support Ukraine in its war with Russia.
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