The US Federal Reserve’s decision to cut rates by a big margin seven weeks before the vote has it fielding criticism from both political parties. It is in the Fed’s best interest to keep its distance from politics. However, the Fed’s daring move to boost the economy in the weeks leading up to a high-stakes…
With a 24 billion Dollar decline in his fortune, Bernard Arnault came into Thursday with the most wealth loss of any billionaire this year. This week, China’s top leaders enhanced a massive monetary stimulus blitz with a pledge of fiscal stimulus. That has breathed fresh life into the fortune of the French tycoon. #china #louisvuitton…
Former contestants on Donald Trump’s TV show The Apprentice who co-founded his media venture lost no time dumping millions of shares as soon as the restrictions were lifted. #donaldtrump #truth #theapprentice About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day….
Have you looked at the recent rich lists and wondered why none of the Chinese tycoons feature on it? Turns out most of them want to devalue their stocks deliberately to keep the government’s target off their back. #china #rich #wion About Channel: WION The World is One News examines global issues with in-depth analysis….
India’s steel industry is urging the government to take immediate action as cheaper steel imports from China flood the market. According to a letter from the Indian steel association, steel imports from China reached a seven-year high between April and August this year. #india #china #steel About Channel: WION The World is One News examines…
Is China facing a Japan-style deflation? Those betting on the theory that China faces a "Japanification" of its economy look set to enjoy a symbolic milestone in the bond market. Watch in for more details! #china #japanification #bondmarket About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much…
India has emerged as the world’s growth engine. As slowdown sweeps through the major economies, India’s rise comes as an exception. But how sustainable is this growth? #india #economy #wion About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our…
The US markets regulator charges advisory firm GQG Partners with violating whistleblower protection rule. The Securities and Exchange Commission (SEC) said GQG partners’ "agreements with potential hires and a former employee raised barriers to reporting information" to government agencies, including the regulator. #gqg #us #wion About Channel: WION The World is One News examines global…
As Japan’s Sushi bars brim with eager tourists, a looming rice shortage threatens to disrupt the culinary harmony of this gastronomic paradise. With demand skyrocketing and harvests faltering, the nation faces its most significant rice crisis in decades. Discover the unfolding story of food and Japan’s economy in this report. #japan #economy #sushi About Channel:…
A few years ago, biomedical scientist Jonathan Tsui flew to Florida with unique baggage. He toted compact chambers—smaller than a cell phone—containing 48 bits of human heart tissue. Tsui brought the samples to NASA’s Kennedy Space Center, where in March 2020 they were loaded onto a SpaceX craft and sent to the International Space Station…