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Tag Archives: economy

China economy under pressure

Special Desk While the world thought otherwise, statistics say China’s GDP is growing at the slowest pace in a year. Reason(s), massive energy crunch, shipping disruptions and a deepening property crisis in the world’s second largest economy. Figures show, the economy expanded by just 4.9% in the third quarter, compared …

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Consumer confidence in India dips

Jubilee News Desk As India continues to report a rise in the number of coronavirus cases, the consumer confidence in August has slipped further, suggest analysis. If the job situation is not handled immediately, the same will be a further deterrent to consumer sentiment which reflects consumer expectations on the …

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Talks on virus stimulus fail

Special Desk Negotiations at the US Congress on another stimulus package for the coronavirus-ravaged economy have collapsed. Democrats and Republicans remain in stalemate over everything – from unemployment benefits to financial aid for schools to cash injections for states. US unemployment rate stands at 10.2%, above any level during the …

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