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Wall Street stocks fall as oil climbs
Mar 24, 2022 00:08US stock indexes fell on Wednesday as oil prices climbed and Adobe shares tumbled on a disappointing forecast, while investors assessed the outlook for US interest rates following calls from Federal Reserve policymakers for bigger increases.
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West’s Russia sanctions expose global oil supply to biggest crisis: IEA
Mar 16, 2022 15:42The International Energy Agency (IEA) says the West’s crippling sanctions on Russia threaten the world with the biggest global oil supply shock in decades.
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Putin: Western ‘economic blitzkrieg’ doomed to failure
Mar 16, 2022 15:37President Vladimir Putin says the sanctions imposed against Russia over its offensive in Ukraine are doomed to failure.
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Health costs during pandemic pushed over half a billion people into poverty: WHO
Dec 12, 2021 10:43More than half a billion people globally were pushed into extreme poverty last year as they paid for health costs out of their own pockets during the height of the COVID-19 pandemic, the World Health Organization and the World Bank said on Sunday.
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High inflation ‘devastating’ to everyday Americans, expert says
Dec 09, 2021 05:24The high rate of inflation in the United States is devastating to everyday Americans, an expert has warned, calling for the rising prices to be curbed.
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Rich nations' COP26 failures are modern colonialism at its worst
Dec 03, 2021 15:29Every day that goes by in which wealthy nations fail to hold themselves accountable for achieving net zero reductions is a declaration that they don't care if developing nations drown or dry up.
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Half of Americans experiencing financial hardships: Poll
Dec 02, 2021 14:30About half of Americans have said that their families have been experiencing financial hardship due to recent price increases, with 10 percent describing the hardship as severe, according to a new poll.
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ECO ought to materialize its powerful potentials
Nov 30, 2021 16:46ECO has all the potential to become one of the powerful economic and political blocs of the world, if heads of member state strive to remove distrust by adopting independent and progressive policies without any dependence on the exploitative West.
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Shipping rate surge threatens global economy recovery: UNCTAD
Nov 18, 2021 13:56A surge in container shipping rates poses a threat to the global economic recovery, with small countries dependent on deliveries by sea expected to be hardest hit by a spike in import prices, UN agency UNCTAD said on Thursday.
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Cyber budgets of UK enterprises shrank during COVID-19 pandemic: Report
Nov 14, 2021 14:13The unexpected onset of the COVID-19 pandemic and the shift of workspace have led to a rapid increase in cyber-attacks across the world. According to Check Point research, the number of ransomware assaults worldwide increased by 102% in 2021.