United States

Joe Biden Signs New Executive Order Targeting Financial Facilitators of Russia's Defense Industry

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.

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China, Russia Boast Bilateral Trade at 'All-Time High' Despite Sanctions From the US and Its Allies

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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US-CHINA-DIPLOMACY-APEC-SUMMIT

China Interfered in 2022 US Midterm Elections Because It Believed Joe Biden Wouldn't Retaliate, Intel Report Says

A newly declassified US intelligence report revealed that China escalated its interference efforts in the 2022 US midterm elections because Beijing believed that President Joe Biden's administration would not retaliate.

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Goldman Sachs Says 'The Great Disinflation' Is Under Way, Setting the Stage for 5 Eventual Fed Rate Cuts

Goldman Sachs Says 'The Great Disinflation' Is Under Way, Setting the Stage for 5 Eventual Fed Rate Cuts

The chief economist of Goldman Sachs is anticipating the end of the pandemic-era inflation soon, as the world economy has now entered a period of "The Great Disinflation."

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Japan's Nippon Steel to Buy US Steel in a Deal Valued at $14.9 Billion

Japan's Nippon Steel to Buy US Steel in a Deal Valued at $14.9 Billion

Japan's Nippon Steel has secured a deal to buy US Steel for $14.9 billion.

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IMF Approves $900 Million for Ukraine as Volodymyr Zelenskyy Makes Plea for US Aid Ahead of Joe Biden Meeting

IMF Approves $900 Million for Ukraine as Volodymyr Zelenskyy Makes Plea for US Aid Ahead of Joe Biden Meeting

The International Monetary Fund (IMF) has approved a $900 million disbursement for Ukraine.

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US, China Risk a 'New Cold War' as Economic and Trade Conflicts Escalate, IMF Official Warns

US, China Risk a 'New Cold War' as Economic and Trade Conflicts Escalate, IMF Official Warns

The US and China risk a "new Cold War" as economic and trade conflicts escalate, according to an IMF official.

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Biden Under Scrutiny for Supplying Tank Shells to Israel Without Congress' Approval

Biden Under Scrutiny for Supplying Tank Shells to Israel Without Congress' Approval

The Biden administration is facing heightened scrutiny for supplying tank shells to Israel without obtaining congressional approval.

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US Economy Is Still Robust With Labor Market Adding 199,000 Jobs in November

US Economy Is Still Robust With Labor Market Adding 199,000 Jobs in November

The US workforce added 199,000 jobs in November, and the unemployment rate fell to 3.7% as the world's largest economy continues to struggle with higher interest rates.

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Vladimir Putin: Russia Becoming 'New Global Growth Center' Despite Western Isolation

Vladimir Putin: Russia Becoming 'New Global Growth Center' Despite Western Isolation

Russian President Vladimir Putin has asserted that the economic isolation Russia faces due to international sanctions is even helping the country to transform into a "growth center" in a "new global economy."

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US to Prevent China From Supplying Battery Materials for EVs Set to Receive Billions in Tax Credits

US to Prevent China From Supplying Battery Materials for EVs Set to Receive Billions in Tax Credits

The United States (US) has issued long-awaited guidance that will limit China's role in electric vehicles (EVs).

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Federal Reserve Poised to Cut Interest Rates 6 Times in 2024 as US Economy Slows Down: ING

Federal Reserve Poised to Cut Interest Rates 6 Times in 2024 as US Economy Slows Down: ING

Amid signs of an economic slowdown, ING Economics predicts that the US Federal Reserve will cut interest rates six times in 2024.

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JPMorgan Chase Ready to Leave China if Ordered by US Government, Bank CEO Jamie Dimon Says

JPMorgan Chase Is Ready to Leave China if Ordered by US Government, Bank CEO Jamie Dimon Says

JPMorgan Chase CEO Jamie Dimon said Wednesday that the bank would leave China if directed by the US government.

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Shein Files for US IPO as Chinese-Founded Fashion Giant Seeks to Expand Global Reach

Shein Files for US IPO as Chinese-Founded Fashion Giant Seeks to Expand Global Reach

Chinese-founded fast-fashion giant Shein has confidentially filed for an initial public offering (IPO) in the United States (US).

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CHINA-TECHNOLOGY-AI-CONFERENCE

US Chip Export Ban Is Taking a Toll on Chinese AI Startups

Amid the escalating trade tensions between the United States and China, the impact of the US chip export ban is reportedly taking a toll on Chinese artificial intelligence (AI) startups.

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