• 11/16/2024

China’s jobs at foreign firms drop to 14-year low amid fears of further cuts

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The number of people employed by foreign companies in China fell 15 per cent last year, dipping below 10 million for first time since 2009. https://www.scmp.com/economy/china-economy/article/3286766/chinas-jobs-foreign-firms-drop-14-year-low-amid-fears-further-cuts?utm_source=rss_feed

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Credit card debt hit a record $1.17 trillion. It’s a red flag for budgets.

Washington Post Americans are putting more on plastic, a sign that household cash flow is shaky and spending is unsustainable. https://www.washingtonpost.com/business/2024/11/15/credit-card-debt-new-record-trillion/

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TSMC Arizona to receive US$6.6 billion from Biden administration

Washington, Nov. 15 (CNA) The U.S. Department of Commerce said Friday that it will subsidize contract chipmaker TSMC Arizona US$6.6 billion to assist in its construction of three fabs in the state of Arizona. https://focustaiwan.tw/business/202411150015

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Heavy urban fighting rages in Toretsk, Russian forces gather reserves on Siversk front

Pravda Ukraine Heavy urban fighting is continuing in the city of Toretsk in Donetsk Oblast, and Russia is gathering reserves of personnel and equipment on the Siversk front. Source: Anastasiia Bobovnikova, spokesperson for the Luhansk Operational and Tactical Group of Ukrainian forces, on the national joint 24/7 newscast Quote: “Active urban fighting is raging in…

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European Commission upgrades outlook on Russian GDP growth for 2024, 2025

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. According to the report, private investment, supported by government-subsidized loans, increased as demand for domestic goods picked up, following the exit of foreign firms https://tass.com/economy/1872867

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New Ukrainian brigade of 4,500 soldiers completes training in France – France’s General Staff – video

Pravda Ukraine Ukrainian soldiers from the Anna of Kyiv Brigade of Ukraine’s Armed Forces have completed a training course in France. [Anna of Kyiv was a princess of Kyivan Rus who became Queen of France in 1051 upon marrying King Henry I – ed.]. Source: European Pravda, citing France’s General Staff on X (Twitter) Details:…

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Chechen leader reports eliminating Ukrainian troops in Sumy Region

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. According to Ramzan Kadyrov, fighters from the 34th Akhmat-Russia motorized rifle regiment conducted reconnaissance using unmanned aerial vehicles https://tass.com/politics/1872865

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Russia’s liberation of Stepanovka in DPR spells trouble for Ukrainian troops in Kurakhovo

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. Earlier, the Russian Defense Ministry reported that the Russian Armed Forces had liberated the settlement of Stepanovka in the DPR https://tass.com/politics/1872861

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Hong Kong watchdog finds fragrance allergens in 12 laundry scent boosters

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Consumer Council calls for possible labelling rules and finds four products contain chemical compound that can affect marine life. https://www.scmp.com/news/hong-kong/society/article/3286807/hong-kong-watchdog-finds-fragrance-allergens-12-laundry-scent-boosters?utm_source=rss_feed

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‘Mummy, it hurts’: Malaysian woman makes last call to mother after car crushed by container

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The truck driver who flashed a “V” sign to reporters after the accident faces reckless driving charges as authorities investigate safety compliance. https://www.scmp.com/week-asia/lifestyle-culture/article/3286805/mummy-it-hurts-malaysian-woman-makes-last-call-mother-after-car-crushed-container?utm_source=rss_feed

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