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Russia gradually ditching US dollar in trade with allies: Duma
Mar 12, 2021 11:26A senior Russia lawmaker says his country is gradually reducing the role of the US dollar in financial transactions with allies and commercial partners, a long-pursued measure aimed at using currencies other than the greenback to offset the impacts of American sanctions.
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16 countries forming coalition at UN against unilateral force, sanctions
Mar 12, 2021 07:57A group of 16 countries, including Iran, Russia and China, are pushing to create a coalition at the United Nations to counter the use or threat of force and unilateral sanctions by the West.
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The real deadly global pandemic: Acute food shortages as the world panics over COVID-19
Mar 11, 2021 06:01As the pandemic continues to upend lives across the world, it has impacted the entire food supply chain.
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'Shameful': Millionaire senators vote against popular minimum wage raise that would lift millions out of poverty
Mar 09, 2021 15:42It is despicable and unacceptable that there is not unanimous support among Democrats in Congress for a $15 minimum wage.
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Saudi forces attack protest against economic woes, make arrests: Reports
Feb 02, 2021 16:42Reports coming out of Saudi Arabia say Riyadh’s forces have attacked a group of protesters who were out on the streets of the city of Buraidah in Qassim Region to denounce the regime’s economic policies.
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UK applies to join Asia-Pacific trading bloc on Brexit anniversary
Jan 31, 2021 12:46A year after officially leaving the European Union (EU), the UK is set to apply to join a free trade area with Asia and Pacific nations on Monday (February 01), with negotiations expected in the spring.
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Oil falls on COVID-19-induced demand worries, stronger dollar
Jan 28, 2021 09:30Oil fell on Thursday on fresh fuel demand worries because of travel curbs to prevent new coronavirus outbreaks and delays with vaccines and a stronger US dollar weighed on prices.
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Biden unveils $1.9 trillion plan as US recovery buckles
Jan 15, 2021 09:08President-elect Joe Biden will propose injecting $1.9 trillion into the US economy when he takes office next week, as evidence mounts that the recovery from the sharp downturn caused by COVID-19 is flagging.
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US weekly jobless claims increase more than expected
Jan 14, 2021 12:57The number of Americans filing first-time applications for unemployment benefits surged last week, confirming a weakening in labor market conditions as a worsening COVID-19 pandemic disrupts operations at restaurants and other businesses.
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China extends debt relief to DR Congo amid COVID-19 crisis
Jan 07, 2021 06:59The Democratic Republic of the Congo says China has offered some debt relief in a bid to ease pressure on the central African country ravaged by the COVID-19 crisis.