ECONOMY

“The Possibility of a 20% Plunge in US Stocks does Exist”

According to reports, Mike Wilson, a US stock strategist at Morgan Stanley, warned about two weeks ago that the possibility of a 20% plunge in US stocks does exist. Since…

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China-Brazil Trade Continues to Break Records

Bilateral trade between China and Brazil is continuing to break records. From January to September 2021, the total trade volume between China and Brazil not only exceeded the historical record…

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German Stocks Fall More than 2%

Affected by the fall in the US futures index, not only Asian stocks plunged, but European stocks also fell green. German, British, and French stocks opened lower today and fell…

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Nokia and Goldman Sachs Rose more than 3%

US stocks, Nokia, Goldman Sachs, FedEx, Twitter, and Morgan Stanley had the largest gains, closing up 3.47%, 3.23%, 2.97%, and 2.55 respectively. %, 2.14%. Colgate, IBM, Starbucks, GlaxoSmithKline and Ford…

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Loses $ 5.9 Billion After Facebook Global Crash

‘Bloomberg’ estimates that the creator of Facebook now accumulates 121 billion dollars, making it the fifth richest on the planet, behind Bill Gates. The fortune of the CEO and co-founder…

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Airlines in the World will Lose 51.8 Billion Dollars this Year: IATA

The agency called for the end of the travel restrictions derived from Covid-19 that are inconsistent, since they are paralyzing the recovery of the sector. Airlines in the world will…

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Kimberly Clark International Products and Essity Fned for Collusion in Diapers

Kimberly Clark, International Products and Essity fined for collusion in diapers and other products La Cofece detected that they colluded in the market for baby diapers, products for feminine sanitary…

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Facebook: Instability is the Risk of Losing More than R$1 Million Per Minute

The company earned nearly 160 billion reais in the second quarter of 2021 and every minute off the air can impact revenue. With a daily turnover of 1.7 billion reais,…

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U.S. Stocks and Taiwan Index Futures are Expected to Follow up Index Rebounds

Last week, Taiwan stocks fell nearly 700 points in a single week due to the dual control of China’s energy consumption, the imminent reduction of the US balanceand the stalemate…

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China’s Energy Consumption:Shutdown Requirements for Factories

Under the policy of the Chinese authorities to strengthen the dual control of energy consumption, many provinces have reported power curtailment and shutdown requirements for factories. The market is worried…

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Gold Exchange will Open in India

On the lines of London, New York, gold exchange is going to open in India too. Market regulator SEBI has given its approval. Here gold exchange means physical gold exchange….

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China Electricity Crisis Deepens the Clouds of Fear on the Global Economy

All industries have had to cut the working day, while some have had to stop their production for weeks. According to an estimate, industrial activities of China have been affected…

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