Economic News
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Millions in Vietnam to vote for a new legislature in general election
Vietnam hold a nationwide vote to choose a new five-year National Assembly, just two months after the ruling Communist Party confirmed its leadership at its national congress and reelected To Lam as general secretary
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Trump seeks to close $1.6 trillion revenue gap with raft of new tariffs
The Trump administration this week stepped up its ambitious effort to replace about $1.6 trillion in lost tariff revenue that was eliminated by the Supreme Court’s decision to strike down a range of the president’s import taxes
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Greek oil tanker damaged in suspected Black Sea drone attack as wars disrupt global shipping
A Greek oil tanker was damaged in a suspected drone attack in the Black Sea while approaching the Russian port of Novorossiysk
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Cuban president confirms US talks as island's energy and economic crises intensify
Cuban President Miguel Díaz-Canel says his government has held recent talks with the U.S. His comments on Friday mark the first time the Caribbean country has confirmed speculation about active communication with the Trump administration which has been openly hostile toward the communist government
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Congressional Democrats say Trump tariffs will cost US households more than $2,500 this year
The Trump administration is scrambling to replace the revenue the federal government lost when the Supreme Court struck down his biggest and boldest tariffs last month
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US stocks lose ground as war with Iran keeps pressure on oil prices
Wall Street’s losses deepened as the ongoing fallout from the war in Iran keeps pushing oil prices higher, ratcheting up inflationary pressure on the global economy
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Cracks emerged in a resilient US economy before war in Iran sent oil prices rocketing
Newly released data shows the U.S. economy was already showing signs of strain even before the launch of the Iran war, underscoring the risks that rising energy prices could pose
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Key inflation gauge worsened in January, before Iran war lifted gas prices
An inflation gauge closely monitored by the Federal Reserve moved higher in January in the latest sign that prices were persistently elevated even before the Iran war caused spikes in oil and gas costs
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US job openings rise to a better-than-expected 7 million despite sluggish labor market
U.S. job openings rose to nearly 7 million in January, better than expected at a time when the American labor market has looked sluggish
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Key inflation gauge worsened in January, before Iran war lifted gas prices
Key inflation gauge worsened in January, before Iran war lifted gas prices
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