Caution Advised for Volatile Dollar/Yen Pair in Foreign Exchange Market Next Week
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Turbulent Times Ahead for Dollar/Yen Pair in Foreign Exchange Market By Financial Markets Correspondent As investors gear up for the week ahead, caution is being advised due to the anticipated rapid fluctuations in the dollar/yen pair in the foreign exchange market. The upcoming week is expected to be marked by a series of major events, […]
International Olympic Committee Allows Russian and Belarusian Athletes to Compete as “Neutral” in 2024 Olympics
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The International Olympic Committee (IOC) Allows Russian and Belarusian Athletes to Compete as “Neutral” in 2024 Olympics In a controversial decision, the International Olympic Committee (IOC) announced that athletes from Russia, currently embroiled in a conflict with Ukraine, and its ally Belarus will be permitted to compete in the 2024 Summer Olympics in Paris as […]
Kremlin Spokesman Says Russia Will Not Participate in Peace Talks Based on Ukraine’s Terms in 2024
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Kremlin Spokesman Dismisses Possibility of Russia Participating in Peace Talks Based on Ukraine’s 2024 Terms Moscow, Russia – In a statement on the 8th, Kremlin spokesman Peter Peskov labeled as unrealistic the idea that Russia would participate in peace talks based on the terms offered by Ukraine in 2024. Peskov’s remarks came in response to […]
New Charges Filed Against Hunter Biden for Tax Evasion
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Hunter Biden Indicted on New Tax Evasion Charges Los Angeles, Reuters – The US Department of Justice filed new charges against Hunter Biden, the son of President Biden, on December 7. The charges include $1.4 million in tax evasion. According to the indictment filed in the United States District Court for the Central District of […]
Bank of Japan Shifts Focus to Timing of Raising Negative Interest Rates
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Bank of Japan Facing Decisions on Policy Flexibility On 8 December, the Bank of Japan made an announcement regarding a series of policy flexibilities, sparking a shift in focus to the timing of raising negative interest rates. This move comes amidst a backdrop of marked weakness in domestic demand and a reversal of the previously […]
Italian Prime Minister Meloni Expresses Interest in Strengthening Trade Ties with China
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Italian Prime Minister Meloni Discusses Improved Trade and Economic Ties with China On December 7, Italian Prime Minister Meloni (pictured) addressed reporters about the potential for enhancing trade and economic relations with China, despite Italy’s decision to withdraw from the Belt and Road Initiative. Photo taken on March 3 in Belgrade, Serbia (2023 Reuters / […]
Japan’s Current Account Reports Highest Surplus Since 1985
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Japan Reports Surplus in Current Account Balance According to the Ministry of Finance’s preliminary balance of payments report released on December 8, Japan’s current account balance for October showed a surplus of 2,582.8 billion yen. This surplus marks the ninth consecutive month of being in the black, exceeding expectations and reaching the largest surplus since […]
Iranian President Accuses Western Countries of Supporting Israel’s “Genocide” in Moscow Visit with Putin
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Iranian President Raisi Accuses Western Countries of Supporting Israel’s Actions in Gaza On the 7th, Iranian President Raisi visited Moscow where he met with Russian President Putin and made a bold accusation against Western countries. He accused them of supporting Israel’s actions in the Palestinian autonomous region of Gaza, calling it a “genocide” of Palestinians. […]
Ukraine Requests Advanced US Weapons in Fight Against Russia
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Ukraine Requests Advanced US Weapons in Fight Against Russia By: Professional Journalist It was revealed on December 7 that Ukraine has requested a range of advanced weapons from the United States in its ongoing fight against Russia. The list of requested weapons includes advanced air defense systems and F-18 fighter jets, according to a document […]
US Department of Labor Announces Increase in Unemployment Insurance Claims
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US Unemployment Insurance Claims Increase by 1,000 to 220,000 Overview The US Department of Labor reported that the number of new unemployment insurance claims (seasonally adjusted) for the week ending on the 2nd of this month has risen by 1,000 to 220,000. The labor market continues to exhibit a gradual deceleration trend, in line with […]
