Mon, February 06, 2023

Tariffs

Cryptocurrency

Advantages of Decentralized Cryptocurrency

Advantages of Decentralized Crypto Currency The information revolution is about to begin throughout the world. What does this mean for cryptocurrency industry? Transmitting information is becoming more than just a means of communication; it is also a way to transmit and measure wealth and worth. Money is no longer the sole realm of banks; anyone …

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Renewable power

Renewable power prices surge on heavy demand

Renewable power prices in major global markets sharply climbed as companies turned to green energy, a hedge against rising fossil-fuel costs. Accordingly, LevelTen Energy, the operator of the world’s most significant power-purchase agreement (PPA) marketplace, reported a considerable upturn. It revealed that wind and solar power contracts skyrocketed by 28.50% year-over-year in North America. Likewise, …

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China applies to enter a trans-Pacific trade deal

China applies to enter a trans-Pacific trade deal

China’s commerce ministry announced that the country has applied to enter the CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership). Remarkably, the country looks to boost its clout in trade. The Chinese ministry, Damien O’Connor, reported that commerce Minister Wang Wentao submitted the country’s application to join the free trade agreement in a letter to …

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China aims to turn Ningxia into France’s Bordeaux rival

China aims to turn Ningxia into France’s Bordeaux rival

China, a fast-growing wine market, plans to turn its primary wine-producing region of Ningxia into a center of top-quality wine production. It also plans to compete with international brands and boost the local economy. The latest news revealed that the Asian giant aims to turn Ningxia into one that rivals France’s Bordeaux. A plan, which …

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boeing

Joy over Boeing, Airbus deal belies cracks

A contract for a five-year ceasefire in a U.S. and E.U. debate over aircraft support on Tuesday had achieved progress. However, the underlying trade relationship remains delicate, with many unresolved conflicts, diplomats and trade experts stated. The two economic powers allowed to set aside tariffs on $11.5 billion in U.S. and E.U. goods run during …

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China Less Inclined To Support The US in Ukraine War

China ensures the supply of major commodities

China will increase its management of commodity supply and demand to control “unreasonable” rises in prices and block them from being passed on to consumers. The country’s cabinet stated on Wednesday as it forced coal producers to increase output. As stated by a State Council executive meeting on Wednesday, China will break down on monopolistic …

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trade conflict, u.k. economy

U.K. Wants to Solve an International Trade Conflict

The trade war between the U.S. and China is one of the most famous trade conflicts in the modern world. However, there are other important conflicts well. For example, the trade conflict between the U.S. and the European Union (EU). However, the U.K. wants to de-escalate a damaging international trade conflict. It is worth mentioning …

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