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US public debt at record high above $22 trillion

US public debt at record high above $22 trillion

Washington : America’s public debt has reached a record high of more than $22 trillion, according to data released by the US Treasury Department. The amount of the debt as of February 11 was quoted in a daily statement by ...

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World leaders urge push to improve food safety

World leaders urge push to improve food safety

Addis Ababa : Nations must work together more closely to eliminate unsafe foods which cause ill health and death, cost developing countries nearly $100 billion dollars a year and hamper sustainable development, global leaders said, according to a United Nations ...

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Australia signs contract to build 12 submarines

Australia signs contract to build 12 submarines

Canberra : The Australian government on Monday announced the signing of a A$50 billion ($35 billion) agreement with the French Naval Group for the construction of its new fleet of 12 Attack class submarines. In a “defining moment for the ...

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China’s yuan trades lower against US dollar

China’s yuan trades lower against US dollar

Beijing : The central parity rate of the Chinese currency renminbi, or the yuan, weakened 414 basis points to 6.7495 against the US dollar on Monday, according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, ...

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Nigel Farage hints at joining new pro-Brexit party

Nigel Farage hints at joining new pro-Brexit party

  London : Nigel Farage, former leader of the UK Independence Party (UKIP) and the most prominent campaigner for Britain to leave the European Union (EU), has announced that if the country’s exit from the EU was delayed, he would ...

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Wall Street ends mixed amid trade worries

Wall Street ends mixed amid trade worries

New York : US stocks ended mixed as concerns over trade uncertainties and global economic slowdown lingered, capping market gains. The Dow Jones Industrial Average was down 63.20 points, or 0.25 percent, to 25,106.33 on Friday. The S&P 500 was ...

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