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  • China July industrial profits down as COVID curbs, heatwaves hit By Reuters
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    Sri Lanka’s economy contracts 8.4% in Q2 By Reuters

    3/3 © Reuters. FILE PHOTO: A general view of the main business district as rain clouds gather above in Colombo, Sri Lanka, November 17, 2020. REUTERS/Dinuka Liyanawatte 2/3 By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka’s economy contracted 8.4% in the April to June quarter compared with the same period a year ago, data from the […] More

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  • Republican Rubio slams U.S. approval of chip deal involving firm with China ties By Reuters
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    UBS CFO sees increased client caution as global economy slows By Reuters

    © Reuters. FILE PHOTO: The logo of Swiss bank UBS is seen at a branch office in Zurich, Switzerland, January 27, 2017. REUTERS/Arnd Wiegmann ZURICH (Reuters) -UBS is seeing increased caution among its clients as worries about the slowing global economy, rising inflation and energy prices hit investor confidence, Chief Financial Officer Sarah Youngwood said […] More

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  • Engie Says Gazprom to Reduce Gas Deliveries Starting Tuesday By Bloomberg
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    Global economy may avoid recession as inflation risks ease

    © Reuters. FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar (Reuters) – The global economy could avert a recession as data points to a potential soft landing, J.P. Morgan analysts said, while adding that the Federal Reserve might […] More

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  • Bank of Korea's Rhee says rates to rise until inflation defeated By Reuters
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    German economy could contract in H2

    © Reuters. FILE PHOTO: A square in Tuebingen, Germany, March 17, 2021. REUTERS/Kai Pfaffenbach/File Photo BERLIN (Reuters) – Germany’s outlook has “dramatically worsened” and the economy could stagnate or contract in the second half of the year, an economy ministry report said on Tuesday. A rising number of companies are going insolvent but there is […] More

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  • Central banks will fail to tame inflation without better fiscal policy, study says By Reuters
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    China to roll out more measures to stabilise economy

    © Reuters. FILE PHOTO: Chinese Premier Li Keqiang speaks at the opening session of the National People’s Congress (NPC) at the Great Hall of the People in Beijing, China March 5, 2022. REUTERS/Carlos Garcia Rawlins BEIJING (Reuters) – China will continue to roll out phased policies to stabilise its economy with a focus on reviving […] More

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  • Peru government proposes 9% budget increase for 2023
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    Inflation, contraction to plague German economy in 2023 -Ifo By Reuters

    © Reuters. FILE PHOTO: Christmas shoppers wear masks and fill Cologne’s main shopping street Hohe Strasse (High Street) during the coronavirus disease (COVID-19) pandemic in Cologne, Germany, December 12, 2020. REUTERS/Wolfgang Rattay/File Photo BERLIN (Reuters) – Germany’s economy will contract next year as a dramatic rise in energy costs due to the war in Ukraine […] More

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  • U.S. and China reach landmark audit deal in boon for Chinese tech companies By Reuters
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    need aggressive rate hikes now while economy can take it By Reuters

    © Reuters. FILE PHOTO: The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger (Reuters) – If the Federal Reserve is able to keep the unemployment rate below 5%, it can be aggressive on bringing down inflation but after that tradeoffs will appear, […] More

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  • Food, fuel shortages hit Tunisian shops By Reuters
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    Yellen says U.S. economy stronger than before pandemic but inflation a threat By Reuters

    © Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen holds a news conference in the Cash Room at the U.S. Treasury Department in Washington, U.S. July 28, 2022. REUTERS/Jonathan Ernst By David Lawder DETROIT (Reuters) -U.S. Treasury Secretary Janet Yellen declared on Thursday that President Joe Biden’s agenda has made the economy stronger than before […] More

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