Last Sunday, Israel announced plans to double the population of the Golan Heights area over the next several years. The area is highly contested and the decision drew criticism from the Syrian …
China hoards over half the world’s grain, pushing up global prices
According to data from the US Department of Agriculture, China is expected to have 69% of the world's maize reserved by the first half of the crop year 2022. The country is also projected to have 60% …
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U.S. Accuses El Salvador’s Government of Cutting a Deal With Gangs
The US has accused El Salvador's government of cutting a deal with the imprisoned leaders of the country's top criminal gangs after learning that the administration of El Salvador's President Nayib …
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U.K. Inflation Hits 10-Year High, Stirring Expectations of Rate Rise
For the first time in a decade, annual inflation in the UK has accelerated to its fastest, strengthening expectations that the Bank of England (BOE) will be the first major bank to lift interest rates …
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Tanzania secures nearly $600M from IMF for COVID relief
The International Monetary Fund (IMF) has agreed to provide Tanzania with $567 million in emergency support to help the country finance a Covid-19 vaccination campaign and deal with the health and …
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Covid-19 Delta Variant Pummels China’s Services Sector
China's services sector has taken an unexpected hit in August due to a wave of coronavirus infections sparking new lockdowns across the country. This resulted in an official gauge of nonmanufacturing …
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Lebanon’s water system on brink of total collapse, says UN
According to the United Nations Children's Fund (UNICEF), Lebanon's water supply system is on the verge of collapse. The announcement marks the latest development in Lebanon's recent struggles that …
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Fresh Covid-19 Outbreaks in Asia Disrupt Global Shipping, Chip Supply Chain
A fresh wave of Covid-19 outbreak clusters in Asia has created bottlenecks in the supply chain, which threaten to increase prices and impact post-pandemic recovery across the globe. Vaccination …
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EU Suspends Plans to Raise Tariffs on U.S. Whiskey, Other Goods
On Monday, the EU agreed to postpone plans to raise tariffs on American goods, including whiskeys, motorcycles, boats, and other items. The plan was set to take effect on June 1 but has now been …
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China’s Economic Recovery Slowed in April
In April, China's economic recovery in the aftermath of Covid-19 grew at a slower pace as retail sales did not meet expectations. This has complicated the idea that China is recovering steadily and at …
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