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Economy

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Economy

Continued Impact of China Tariffs on American Tech Industry

Thomas Greenwood

U.S. tech companies are facing mounting economic challenges due to tariffs on Chinese imports, a policy initiated during Trump's tenure and continued under Biden's leadership. These tariffs, which are part…

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Economy

Trump increases pressure with EU wine tariff threat

Thomas Greenwood

The previous U.S. President Donald Trump has once again emphasized his firm approach to trade, now proposing substantial tariffs on imports of wine and champagne from Europe. This development could…

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Economy

How Bank of Korea’s rate cut affects domestic growth

Thomas Greenwood

The central bank of South Korea, known as the Bank of Korea, has declared a cut in its primary interest rate, representing a notable step to tackle economic issues and…

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Economy

Understanding Ofgem’s latest energy price cap

Thomas Greenwood

Millions of families throughout the UK are preparing for yet another increase in their energy bills, as the energy regulator Ofgem is set to reveal its new price cap. This…

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Economy

Inflation in the UK accelerates with rising food prices

Thomas Greenwood

In January, inflation in the UK rose more than expected, with significant hikes in food prices, airfares, and private education costs. Government data showed that the inflation rate rose to…

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Economy

UK’s inflation climb to 10-month high intensifies economic pressures

Thomas Greenwood

Inflación en el Reino Unido ha alcanzado su nivel más alto en 10 meses, generando nuevos desafíos para el Banco de Inglaterra en su intento de equilibrar los objetivos de…

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Economy

Central bank remains cautious on policy easing due to inflation

Thomas Greenwood

The recent minutes from the Federal Reserve meeting indicate that concerns over inflation continue to pose a major challenge to possible cuts in interest rates. Officials at the central bank…

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Economy

Possible exemptions for UK from new US steel tariffs

Thomas Greenwood

The United Kingdom has signaled its plans to seek an exemption from the 25% tariffs on steel imports that were recently declared by the United States. These tariffs, introduced by…

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Economy

Americans face difficulties with mounting payments

Thomas Greenwood

The economic pressure on families in the United States has escalated considerably, as numerous people struggle to cope with their increasing financial obligations. Recent statistics provided by the Federal Reserve…

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Economy

Anticipated Price Hikes from Tariffs on Canadian and Mexican Goods

Thomas Greenwood

The United States is preparing for increased costs as fresh tariffs on goods from Mexico, Canada, and China, introduced by former President Donald Trump, are about to be implemented. This…