The US dollar’s dominance has been repeatedly threatened. While BRICS nations have been trying to roll out a currency of their own, ASEAN countries have also been seen ditching the dollar. The countries that make up the Association of Southeast Asian Nations or ASEAN want to encourage commerce in local currencies rather than the dollar. […]
What’s going on here? The US economy is feeling cozy after a strong payroll report calmed ‘hard landing’ worries, while Asian stocks, led by Japan’s Nikkei index, are enjoying a boost from a weaker yen. What does this mean? The US market outlook is brightening as August’s payroll data points to a resilient labor market, […]
European consumers are saving at higher rates than before COVID as their American counterparts spend. As the Financial Times (FT) noted in a report Sunday (Oct. 6), savings in both Europe and the U.S. jumped during the pandemic when people were confined to their homes. However, Americans have since upped their spending, while Russia’s invasion […]
DALLAS — Earlier this week, at Thai Airways International’s (TG) “FLY FOR THE NEW PRIDE” event, CEO Mr Chai Eamsiri announced that TG will introduce a new premium economy cabin offering, debuting on its Boeing 777-300ER fleet. This move comes after a rise in popularity for slightly more comfort without the business class price tag. Competitor […]
(Bloomberg) — Vietnam’s economic growth unexpectedly accelerated last quarter, buoyed by manufacturing and exports before a super typhoon in September caused widespread damage and prompted warnings of a challenging end to the year. Most Read from Bloomberg Gross domestic product rose 7.4% in the three months ended September from a year earlier, the General Statistics […]
Which Dollar Bills Will Stores Stop Accepting Starting October 2024 Our website uses cookies to improve your experience. Learn more about: cookie… Read the full article…
The US Presidential election is only mere weeks away with Vice President Kamala Harris and former president Donald Trump entangled in a close race, as multiple polls have shown. The election promises to be a suspenseful culmination of many such polls and predictions. Notably, one recent poll highlighted another interesting twist in the lead up […]
Open this photo in gallery: Members of the Politburo Standing Committee attend the third plenary session of the 20th Communist Party of China (CPC) Central Committee held from July 15 to 18 in Beijing.Yue Yuewei/The Associated Press John Rapley is an author and academic who divides his time among London, Johannesburg and Ottawa. His books […]
It’s pretty clear the battle lines have been drawn in Minnesota’s most competitive congressional race. The two candidates running for the Second District seat, incumbent Democrat Angie Craig and Republican challenger Joe Teirab, staked out positions on the economy, abortion and immigration. “I have a bill that would create a federal group, a federal task […]
The Kremlin’s recently announced budget parameters for 2025 dash any hopes that Russian spending on the war with Ukraine had already peaked. Contrary to expectations – and even previous forecasts by the Russian authorities – military spending is now planned to increase by 22.6% compared to this year and by as much as 54.5% compared […]
