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China’s Floundering Economy Triggers Plunge in Global Stocks and Oil Prices
ByMichael Armstrong June 20, 2023

Stocks and futures dropped across Asia, Europe, and the United States on Tuesday due to growing anxiety about the Chinese economy and the Communist regime’s refusal to deal honestly with its systemic problems. The trigger for Tuesday’s stock slide was China announcing a much smaller interest rate reduction than anticipated. Reuters quoted economists who found…

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European Union | News

Turkey’s Currency Crisis: What Happened, What’s Next, Why It Matters
ByMichael Armstrong August 10, 2018August 12, 2018

Turkey’s political and economic crisis has sent its currency tumbling to a record low against the U.S. dollar Friday and unsettled investors amid fears that the contagion may spread from the small southern European economy into financial markets around the world. So what’s going on in Turkey, and why are its problems triggering such a significant reaction from…

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