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North Korea v US Faceoff: Trump sanctions CUT OFF money for Kim Jong-un’s weapons

North Korea v US Faceoff: Trump sanctions CUT OFF money for Kim Jong-un’s weapons

THE TRUMP administration has imposed sanctions on a Chinese bank in a bid to ‘cut off’ funding for North Korea’s nuclear weapons development. Here are live updates and breaking news. The US accused the Chinese bank of laundering money for Pyongyang and also imposed sanction on two Chinese citizens and a shipping company helping North […]

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The IMF nudges up its forecast for global growth

The IMF nudges up its forecast for global growth

In recent years the fund’s forecasts have proved over-optimistic APRIL is the cruellest month, breeding lilacs out of the dead land, and, in Washington, chirpy forecasts from the IMF that often prove a bit too chirpy. On April 18th the fund released its semi-annual World Economic Outlook (WEO), raising its forecast for global growth in […]

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Snapchat Debut in Stock market saw Shares Jump to 40%

Snapchat Debut in Stock market saw Shares Jump to 40%

The company behind the popular messaging app Snapchat saw its shares spike on its first day of trading, after an initial public offering that itself earned more than anticipated. Snap Inc. passed its first major test on Wall Street on Wednesday as it priced its initial public offering of 200 million shares at $17 US each. […]

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UK interest rate at a Record Low of 0.25%

UK interest rate at a Record Low of 0.25%

The Bank of England has voted unanimously to keep the UK’s main interest rate at a record low of 0.25%. It said that the next rate move could be in either direction. The last change was a rate cut in August, in the wake of the UK’s vote to leave the EU. The Bank said […]

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Trump Election Win was a Stunning Upset

Trump Election Win was a Stunning Upset

Like a dream that seem unrealisable, a task daunting, so much comments from party members and Americans who just did not see anything Presidential about the New York business mogul – Donald J. Trump. It was with utmost dismay, when the election results for the 2016 presidential election resonate the various media houses on Trump’s […]

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10 Valid Reasons Why Hillary Clinton is The Next United States President

10 Valid Reasons Why Hillary Clinton is The Next United States President

The race to the white house for the contending candidates has no doubt been a tough one. This year (2016) presidential campaign has been an unprecedented one with two out of the four candidates keenly campaigning to become the 45th President of the United States, talking about Donald Trump for the Republican Party and Secretary […]

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AT&T And Time Warner – The Deal of the Year

AT&T And Time Warner – The Deal of the Year

In the world of media, bigger remains better. So in the wake of Comcast’s $30 billion takeover of NBCUniversal and Verizon Communications’ serial acquisitions of the Huffington Post and Yahoo, AT&T has bought one of the remaining crown jewels of the entertainment industry. The telecommunications giant agreed on Saturday to buy Time Warner, the home […]

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Deutsche Bank, A Game of Strength in the Midst of Tumult

Deutsche Bank, A Game of Strength in the Midst of Tumult

Like most of the world’s leading banks, Deutsche Bank has been embroiled in the major banking scandals of recent years, including rigging interest rates.The chief executive of troubled Deutsche Bank has emailed the 100,000 staff to reassure them that the German giant’s finances are strong. Deutsche Bank made a net loss of €6.8bn last year […]

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Venezuela protests: A Fight for Venezuela’s Economic Crisis

Venezuela protests: A Fight for Venezuela’s Economic Crisis

Hundreds of thousands of people have marched through the Venezuelan capital, Caracas, to protest against President Nicolas Maduro. Opposition supporters, staging their largest rally for two years, called for Mr Maduro’s removal. They blame him for Venezuela’s economic crisis and accuse the electoral commission of delaying a referendum that could shorten his stay in power. […]

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Rio 2016 Olympics: Impact to the Brazilian Economy

Rio 2016 Olympics: Impact to the Brazilian Economy

BRAZIL Goldman Sachs named Brazil one of the four fastest growing economies in 2001 as part of their BRIC fund Brazil has experienced significant growth and development in the last decade. The country was affected by the latest global economic downturn, but it was one of the last countries to experience recession and the first […]

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