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2024-05-02 10:49:43
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President Biden Blames Xenophobia for Economic Woes in China, India, Japan, and Russia
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#99e2f5f5 ver:0.22

President Biden blames xenophobia for economic woes in China, India, Japan, and Russia, stating that their reluctance to welcome immigrants is hindering their growth. He made these remarks during a fundraising event for his 2024 re-election campaign, highlighting the importance of immigration for the US economy. Biden's comments align with his efforts to counter China and Russia and emphasize the growing significance of immigration in the upcoming presidential campaign. #Biden #xenophobia #immigration #economicgrowth...

#newstr #PresidentBiden #Xenophobia #China #India #Japan #Russia #Immigration #EconomicGrowth

https://here.news/story/99e2f5f5?ver=0.22


Growing Number of Americans View China as an Enemy, Pew Poll Shows
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#7df26c95 ver:0.52

A recent Pew poll shows that over 40% of Americans now view China as an enemy, the highest level in five years. Concerns over China's actions and influence have led to negative perceptions, with 80% of Americans holding an unfavorable view. Republicans and older generations are more critical, while half of Americans see China as a competitor. Limiting China's power is seen as a top foreign policy priority. #China #USChinaRelations #PewPoll #EnemyPerception...

#newstr #China #UnitedStates #PewResearchCenter #Poll #ForeignPolicy

https://here.news/story/7df26c95?ver=0.52


OECD Upgrades Global Growth Outlook as U.S. Outperforms, Projecting Higher Growth Rates for 2024 and 2025
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#b9b257e9 ver:0.41

The OECD has upgraded its global growth outlook, projecting higher growth rates for 2024 and 2025. The global economy is growing faster than expected, thanks to resilient U.S. activity. The U.S. growth forecast has been hiked to 2.6% this year. China's economy is also expected to grow faster than expected. Major central banks may delay rate cuts due to the stronger-than-expected growth. However, concerns remain about the fragility of the European economy. Caution is advised due to declining personal savings rates and increasing consumer debt. #OECD #globalgrowth #US #China #economy...

#newstr #Oecd #GlobalEconomy #GrowthForecast #UsEconomy #Inflation #InterestRates #CentralBanks

https://here.news/story/b9b257e9?ver=0.41


US Job Openings and Hiring at a 3-Year Low as Labor Market Cools
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#0a53bcc2 ver:0.14

US job openings fell to a 3-year low in March, signaling a potential slowdown in hiring activity. The decline in job openings, led by construction and finance sectors, may be a result of the Federal Reserve's efforts to cool down the economy. Despite this, the labor market remains strong, with companies continuing to hire and unemployment remaining low. However, recent layoffs in the technology and media sectors highlight ongoing challenges. The rebalancing of the labor market could mean a loss of bargaining power for workers and a decline in wage gains. #JobMarket #LaborMarket #USJobs #FederalReserve...

#newstr #JobMarket #LaborMarket #Unemployment #WageGrowth #FederalReserve

https://here.news/story/0a53bcc2?ver=0.14


US College Football Match at Aviva Stadium Generates €180m for Irish Economy
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#3d6723f9 ver:0.51

The US college football match between Notre Dame and Navy at Aviva Stadium in Ireland generated a €180 million economic impact, with 39,702 US visitors and €84 million spent on accommodation. The upcoming 2024 edition will feature Georgia Tech vs Florida State University on August 24th. #CollegeFootball #EconomicImpact #AvivaStadium...

#newstr #UsCollegeFootball #AvivaStadium #IrishEconomy

https://here.news/story/3d6723f9?ver=0.51


Federal Reserve Holds Interest Rates Steady, Reduces Redemption Cap in May Decision
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#4f691011 ver:0.62

The Federal Reserve holds interest rates steady and reduces the redemption cap for treasury securities in its May decision. The Fed remains cautious on the economic outlook, citing elevated inflation and a tight labor market. Credit traders take comfort in the Fed's assurance of no further rate hikes, leading to lower fear of corporate defaults. The reduction in risk premiums is driven by strong demand for corporate bonds. The Fed's policy continues to have a restrictive effect on demand, and a rate cut will depend on inflation returning to target. The US Treasury's Quarterly Refinancing Announcement states that issuance will be concentrated in the 2Y-5Y segment and T-Bills. #FederalReserve #interestrates #economy...

#newstr #FederalReserve #InterestRates #RedemptionCap #Inflation #UsEconomy

https://here.news/story/4f691011?ver=0.62


US Dollar Retreats in Forex Markets After Fed Holds Rates Steady
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#b9c27144 ver:0.89

The US dollar retreats in forex markets after the Federal Reserve holds rates steady, causing uncertainty among traders. The dollar index tumbles as markets react to Fed Chair Jay Powell's press conference. Jobs data will be released tomorrow. #USD #Forex #FederalReserve...

#newstr #UsDollar #FederalReserve #ForexMarkets #JayPowell #RateHike #Inflation #JobsData

https://here.news/story/b9c27144?ver=0.89


US Researchers Develop Roadmap to Achieve Net-Zero Carbon Emissions
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#0c55a909 ver:0.11

US researchers develop roadmap to achieve net-zero carbon emissions by repurposing existing carbon, focusing on 'defossilization' in challenging-to-electrify sectors. Another report suggests removing one billion tons of atmospheric carbon annually by 2050 through plant-based carbon removal, forest management, and direct air capture. Machine learning analysis of soil samples provides more precise estimates of soil organic carbon, aiding targeted land management strategies for enhanced carbon sequestration. #NetZero #ClimateAction #CarbonRemoval #SoilCarbon...

#newstr #CarbonCycle #Defossilization #NetzeroEmissions #OakRidgeNationalLaboratory #DepartmentOfEnergy #TransportationSector #IndustrialSector #CircularEconomy #CarbonEmissions #RenewableEnergy

https://here.news/story/0c55a909?ver=0.11

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