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Australia Faces The Threat Of Unemployment


The graph of the unemployment rate in Australia has taken a step higher, which has affected the labor market adversely.  This mounting unemployment has boosted the chances of an interest-rate cut. As per the statistics bureau reports, the unemployment rate, which stayed at 5.1% in March,...

Automobile Stocks in the US Show Mixed Signs as Trade Concerns Hit


When Donald Trump became the President of the United States, one of the most important policy initiatives that the administration had pushed was that of reducing the country’s trade deficit with a range of nations. The administration had decided to raise tariffs as a way of bringing nations to...

Crypto Spring Brings Strong Profits to Next-Generation and Older Mining Rigs


Over the last few weeks, cryptocurrency markets have been on a tear accumulating considerable gains following the notorious ‘crypto winter.’ Since the recent price hike this spring, mining digital assets with next-generation miners has allowed participants to secure significant gains...

Trade War With China Is Good For GSP Countries As Per Report


The Generalized System Of Preferences is an initiative of the US trade preference program, which gives the third world countries a chance to grow their economy and move out of poverty.  As per reports, in the ongoing trade war with China, the GSP countries seem to have an advantage. Some of...

Asian Stocks Show Upward Trend as Trade War Worries Ease


The US President Donald Trump seems to have softened his stand and is looking for a compromise from China that resulted in the Asian stocks rising from a 14 week low. The Asian stocks also rode high on the optimism that the Beijing government will inject more stimulus to the Chinese economy as they...

The US Starts Legal Process To Impose Taxes On New Chinese Imports


The US-China trade war which seemed to be end soon after both countries said that the talks were going in the right direction took a turn for the worse on Sunday as US President Trump in a tweet said that the talks were going ‘too slowly’ and that he would impose tariffs on $250 billion … The...

Global Markets Recover As Investors Become Optimistic Of A Deal


There has been a slight turnaround in the global stock market after a fall on Monday due to the escalating trade war between the US and China. The Chinese retaliated with a tax imposition of $60 billion worth of American goods. The US and the European futures rose, and the Asian stocks fell by...

US Objects to Huawei Lawyer’s Conflict of Interest


The trouble between the United States and Chinese tech giant Huawei Technologies Limited has been one of the biggest stories of the year. The US authorities accused that the products supplied by the world’s leading telecom equipment maker are used for spying purposed by the Chinese state...

China Can Retaliate Tariff Hikes With Its Market Weapons


The US-China trade war has impacted not only the world’s two largest economies but also the global economy. The situation which till last week was looking towards an amicable resolution has taken a turn for the worse with Trump administration imposing tariff hikes on $250 billion of Chinese goods....

Will China Ban Crypto Mining?


China shares new plans to curb mining industry, continuing the general crackdown on crypto. How could it affect the global market?

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