China’s central bank intends to maintain stable monetary policy China’s central bank chief Yai Zhang has pledged to stabilize the credit supply and boost funds to support smaller companies and the real economy, after both credit and economic growth slowed in July. In its statement after a meeting with banks, the bank stated that it […]
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The Big 4 Audit Firms are stuck between the US and China When liquidation expert Cosimo Borelli set out to dismantle the remains of China Medical Technologies, which collapsed after a suspected $400m fraud, he ran into a snag. KPMG, which has been auditing the company from Beijing since it listed in New York in 2005, refused to hand
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B i t coin crossed the $50,000 level for the first time since mid-May The price of the digital currency Bitcoin rose by 2.5 percent, to set a new record, exceeding $ 50,000 for the first time since May 15. Cryptocurrencies such as B i t coin and others are constantly criticized by institutional
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Disney brings in $125 million in revenue for one of its films online “Black Widow” has earned $125 million in online revenue, and said the movie, which prompted Scarlett Johansson to file a lawsuit against the company, outperformed other Marvel films. The new figures were revealed in documents filed with the court on Friday, in which
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Oil rises 3% after a week of losses thanks to the decline in the dollar Oil prices jumped more than 3%, after a seven-day losing streak driven by a weak dollar, despite demand concerns fueled by an increase in cases of the mutated Delta strain of the Corona virus. Brent crude rose $1.98, or 3.06%,
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German central bank: The economy may grow less than our expectations in 2021 The German Central Bank warned, “Bundesbank,” that “Germany’s economy may grow this year at a slower pace than its expectations, due to the renewed infections of the Corona virus, which are likely to impose pressure on the economy in the fall.” The
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Commodities this week: the Fed is playing with gold, and this commodity is infected with corona The statements of the US Federal Reserve and the expected date of moving interest rates, coinciding with the negative repercussions of the Corona pandemic, are still casting a shadow on the commodity, metals and currencies market. The recent US data
Saudi Arabia files a complaint with the “World Trade” regarding European dumping duties Saudi Arabia has filed a complaint with the World Trade Organization over anti-dumping duties imposed by the European Union on imports of a chemical compound used in the manufacture of synthetic fibers and plastic bottles. In the complaint dated August 17
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The founder of “Tesla” promotes the idea of a basic income globally Elon Musk, CEO and co-founder of the American “T e s l a” for electric cars, stated that the idea of a universal basic income for people is necessary in light of the possible rise of the robot in the coming years. Musk attended
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The US dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound to the third session from its lowest since August 4, when it tested its lowest since May 25 against Japan, following the developments and economic data that followed on the Japanese economy and on the