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Why the US dollar hit a four-year low and could fall further
Posted on“In my opinion, what markets are reacting to is just sort of the haphazard nature of policy in this administration – the escalation, de-escalation,” said Robin Brooks, senior fellow at the Brookings Institution and former FX strategist at Goldman Sachs, pointing to similarities between the backlash over tariffs and Greenland.
Molly Tea: Backlash after firm ordered to pay Louis Vuitton $1.5m
Posted onPopular Chinese tea chain Molly Tea has been ordered to pay 10.3m yuan (£1.1m; $1.5m) in damages after a court ruled that its logo infringed a Louis Vuitton trademark, fuelling an online debate over copyright protection. Chinese media reported last week that a court in the eastern Jiangsu province ruled that the Shenzhen-based tea company…
US Fed holds interest rates and defends central bank independence
Posted onTwo Fed officials voted in favour of an interest rate cut – Stephen Miran, who is on leave from his post at the White House where he leads Trump’s Council of Economic Advisers, and Christopher Waller, a Trump appointee whose name has been floated as contender to succeed Powell.
US and Gulf states hold talks with Ukraine over drone detection
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Tools and Tips to Successfully Organize Your Small Business
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