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Three months since Kabul fell to the Taliban; the Afghan economy is on the brink of collapse. An acute cash shortage has hamstrung economic activity and sent prices soaring, triggering a food crisis that leaves millions of Afghans at risk. Desperate families have taken to selling their possessions at the street-side to buy food; migrants...
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NEWYou can now listen to Fox News articles! Former President Donald Trump’s super PAC is hosting its largest fundraiser to date this week. The Make America Great Again, Again super PAC event on Thursday, Dec. 2, will be held at the former president’s Mar-a-Lago resort in Palm Beach, Florida. Sources in Trump world tell Fox...
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The U.S. House of Representatives passed the Build Back Better Act last week. The $1.7 trillion social spending plan has been a centerpiece of President Joe Biden’s domestic agenda. The bill includes $380 billion for child care and education, $555 billion for climate change and clean energy investments, $205 billion to provide all workers with...
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Inflation is soaring, businesses are struggling to hire and President Joe Biden’s poll numbers have been in free-fall. The White House sees a common culprit for it all: COVID-19. Biden’s team views the pandemic as the root cause of both the nation’s malaise and his own political woes. Finally controlling COVID-19, the White House believes,...
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Tax Tips (and other stuff) Kelly Bullis By Kelly J. Bullis Saturday, November 27, 2021 Here is an interesting statistic that I came across recently. According to recent data from the Federal Reserve, nearly one out of every three Americans is involved in the gig economy. Wow! 1/3 of Americans. That’s a LOT!Gig workers are...
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Welcome back.  On this week’s cover we’ve got Boris Johnson as the Fat Controller of Britain’s railways – and HS2 in particular – as the always-in-doubt high-speed link to Leeds gets binned and replaced with empty promises of “levelling up” rail in the north. Simon Wilson looks at the controversial project and asks if cancelling a big...
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Stocks, oil prices and government-bond yields slumped after South Africa raised the alarm over a fast-spreading strain of the coronavirus, triggering concern that travel restrictions and other curbs will spoil the global economy’s recovery. The Dow Jones Industrial Average fell 905.04 points, or 2.5%, to 34899.34. It was the Dow’s biggest one-day percentage drop since...
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By now it is clear that the economy should be closing out the year on a high note, with Americans spending money over the holidays and reengaging in many of the activities that they missed out on during last year’s damped-down festivities, even with the emergence of a new virus variant. But then what? Read...
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Growth between July and September, before the recent surge in coronavirus cases, decelerated from the 1.8% increase during the second quarter, and was below the 2.0% estimate in a Refinitiv forecast. [S8N2NQ00T] A worsening situation at home, increased restrictions abroad and the difficulty for companies to get parts and raw materials because of jammed supply...
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MOSCOW, Nov 26 (Reuters) – The Russian rouble lost more than 1% against the dollar on Friday, sinking to a more than seven-month low as oil prices dived and as geopolitical concerns that have buffeted Russian assets all week remained on investors’ minds. A global increase in risk aversion related to the detection of a...
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