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April 26, 2018 - 8:43:20 AM

The wind industry added more than 52 gigawatts of power in 2017, and China led the way

The wind industry added over 52 gigawatts (GW) of wind power last year, according to a report from the Global Wind Energy Council (GWEC).

April 26, 2018 - 8:41:08 AM

A $7 Trillion Debt Pile Looms Large Over Chinese Households

The next front in China’s crackdown on debt is the one closest to home.

April 26, 2018 - 8:38:32 AM

China urges ditching dollar & euro trade with Russia in favor of national currencies

There is no need for Russian and Chinese businesses to pay each other in dollars and euros, when they can settle in rubles and yuan, according to Zhou Liqun, chairman of the Union of Chinese Entrepreneurs in Russia.

April 26, 2018 - 8:31:45 AM

Markets Better Prepare for Stagflation

By all metrics, inflation is heating up. But it’s not clear the same can said for underlying economic activity.

April 26, 2018 - 8:28:47 AM

Russia makes billions after US sanctions turn ruble to rubble

The latest US sanctions, which sent the Russian currency to its steepest drop in the past three years, surprisingly helped to boost the country’s budget with an extra 232 billion rubles ($3.8 billion).

April 19, 2018 - 7:06:06 AM

Bitcoin whales dump $100 million of digital currency in 24 hours

The price of bitcoin took a dive , falling by more than $200 in under 20 minutes.

April 19, 2018 - 7:04:45 AM

Fund managers cut stock holdings as many see market peaking: Bank of America survey

Fund managers' allocation to stocks is at an 18-month low, and many believe the market has peaked or will peak this year.

April 19, 2018 - 7:03:45 AM

ECB fears for withdrawal of €1.1TRILLION Deutsche Bank and impact on the global economy

THE EUROPEAN Central Bank has moved first to protect global financial markets from the potential chaos caused by Deutsche Bank winding down the trading of $1.1 trillion assets on its balance sheet.

April 19, 2018 - 7:02:10 AM

Trade spat to dull expected tax cut boost to U.S. economy: Reuters poll

The ongoing trade spat between the world’s two largest economies will restrain the roaring U.S. economy, dulling an expected boost to growth from massive tax cuts passed through Congress just a few months ago, a Reuters poll found.

April 19, 2018 - 7:01:01 AM

Gold bullion to rally on weaker dollar, rising US inflation & deficit

The second quarter expects to see another gold rally pushed by strong physical demand and the weaker US dollar, according to Boris Mikanikrezai, precious and base metals strategist at Metal Bulletin.

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