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China’s GDP grows 6.7% in first 3 quarters

China’s GDP grows 6.7% in first 3 quarters

Beijing : China’s gross domestic product (GDP) grew 6.7 per cent year on year in the first three quarters of 2018 to about 65.09 trillion yuan ($9 trillion), data from the National Bureau of Statistics (NBS) showed on Friday. The ...

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US sanctions financial network supporting IRGC wing

US sanctions financial network supporting IRGC wing

By Michael Hernandez, Washington: The U.S. on Tuesday sanctioned a wide network businesses it says support a branch of Iran’s Islamic Revolutionary Guards Corps (IRGC) that recruits Iranian and Afghan child soldiers for combat in Syria. The Treasury Department said ...

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Chinese loans may trap Africa into debt – experts

Chinese loans may trap Africa into debt – experts

By Hassan Isilow, Johannesburg: Some leading African analysts have said China may be trapping African countries into debt by offering them heavy loans they may not be able to repay. “In the end, China will ask defaulting countries for other ...

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Unemployment lowest in US since 1969

Unemployment lowest in US since 1969

New York : The unemployment rate in the US fell to 3.7 per cent in September, the lowest since December 1969, when hundreds of thousands of working-age Americans were serving in Vietnam, according to a new report by the Labour ...

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