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Japan households amass record financial assets as COVID-19 crimps spending By Reuters

Japan households amass record financial assets as COVID-19 crimps spending By Reuters

© Reuters. FILE PHOTO: Coronavirus disease (COVID-19) outbreak in Tokyo TOKYO (Reuters) – Japanese households’ financial assets hit a fresh record near 2 quadrillion yen last year, half of which was in cash and bank…

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Oil dips on demand worries despite surprise drop in U.S. crude stocks By Reuters

Oil dips on demand worries despite surprise drop in U.S. crude stocks By Reuters

© Reuters. FILE PHOTO: A sticker reads crude oil on the side of a storage tank in the Permian Basin By Sonali Paul MELBOURNE (Reuters) – Oil prices slipped for a fourth day on Wednesday…

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IMF WEO Global Growth Forecast

IMF WEO Global Growth Forecast

The International Monetary Fund forecasts a slow and uncertain recovery from the Covid-19 crisis in its latest update to the World Economic Outlook forecast, the Fund’s chief economist Gita Gopinath said Tuesday (October 13) in…

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Patent system often stifles the innovation it was designed to encourage

Patent system often stifles the innovation it was designed to encourage

Over his career Thomas Edison garnered more U.S. patents than anyone in his time. Edison profited from his patents, but he was also exposed to the dark side of the patent system. He had to…

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Social media has huge problems with free speech and moderation. Could decentralised platforms fix this?

Social media has huge problems with free speech and moderation. Could decentralised platforms fix this?

Over the past few months, Twitter took down the account of the then-President of the United States and Facebook temporarily stopped users from sharing Australian media content. This begs the question: do social media platforms…

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En rachetant Yuppiechef, le détaillant sud-africain Mr Price réalise sa deuxième acquisition en quatre mois 

En rachetant Yuppiechef, le détaillant sud-africain Mr Price réalise sa deuxième acquisition en quatre mois 

(Agence Ecofin) – Dans le cadre de sa stratégie visant à cibler des opportunités de croissance sur des segments bien précis de marché, le commerçant d’articles diversifiés Mr Price Group réalise une nouvelle acquisition, afin…

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la 5G ne figure pas dans les projets immédiats du ministère des Télécoms

la 5G ne figure pas dans les projets immédiats du ministère des Télécoms

(Agence Ecofin) – Il y a quatre ans, les Algériens accédaient à la 4G. Malgré cette relative ancienneté du pays dans le haut débit, la qualité de service demeure mauvaise. Pour les autorités, la priorité…

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Biggest Banks Plan to Distribute Stimulus Payments on Wednesday By Bloomberg

Biggest Banks Plan to Distribute Stimulus Payments on Wednesday By Bloomberg

© Bloomberg. Building are seen reflected on the exterior of a Bank of America Corp. branch in New York, U.S., on Monday, Jan. 15, 2018. Bank of America Corp. is scheduled to release earnings figures…

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Oil demand drag takes toll on tankers, U.S. refiners By Reuters

Oil demand drag takes toll on tankers, U.S. refiners By Reuters

2/2 © Reuters. FILE PHOTO: An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport 2/2 By Jonathan Saul…

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Joe Biden’s US$1.9 trillion stimulus won’t be enough to reignite world economy on its own

Joe Biden’s US$1.9 trillion stimulus won’t be enough to reignite world economy on its own

The economic orthodoxy has long been that governments should try to balance their books and leave all the heavy lifting in managing their economies to central banks. We saw this writ large in the years…

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