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Last updated: 05 Sep, 2017  
 World News


US Fed officials consider ending asset purchases by 2022
IANS | 17 Aug, 2021
US Federal Reserve officials are nearing an agreement to begin tapering its asset purchase program in about three months and end the program by the middle of next year, local media reported.
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'Global fiscal deficit tripled in 2020 to $6.5 trillion'
IANS | 13 Apr, 2021
As governments across the world raised their spending amid the pandemic to support economies along with the healthcare system, the global fiscal deficit marked a three-fold increase in 2020 to $6.5 trillion, according to a report by Motilal Oswal Financial Services.
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Obama slams Trump over Covid-19 pandemic response
IANS | 25 Oct, 2020
While hitting the campaign trial for Democratic president nominee Joe Biden, former US President Barack Obama slammed his successor Donald Trump's response to the Covid-19 pandemic in the country, which is currently the worst-hit with the world's highest number of confirmed cases and deaths.
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US Fed hikes interest rate by 25 basis points
IANS | 27 Sep, 2018
The US Federal Reserve has raised its key interest rate by 0.25 per cent for a third time in 2018 bringing it to the two to 2.25 per cent range.
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US-China trade war escalates deeper
IANS | 24 Sep, 2018
The ongoing trade war between the US and China further escalated on Monday as the two economic powerhouses slapped each other with the largest rounds of tariffs yet, unleashing punitive duties now on roughly half of their traded goods.
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UN chief hails famine prevention mechanism
IANS | 24 Sep, 2018
UN Secretary-General Antonio Guterres has hailed the World Bank/United Nations Famine Action Mechanism (FAM) as an important new tool to help predict and prevent famine.
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Tariff war: Now China hits back US
IANS | 19 Sep, 2018
The trade war between the US and China got uglier on Tuesday as Beijing slapped tariffs on American goods worth $60 billion in retaliation to the additional taxes of $200 billion on Chinese goods by Washington.
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Trump to slap tariffs on $200 bn worth of Chinese goods
IANS | 18 Sep, 2018
US President Donald Trump has escalated his trade war with China, saying his administration would impose tariffs on $200 billion worth of goods and was also prepared to tax all imports.
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OPEC crude basket rises to $76.02
IANS | 13 Sep, 2018
The basket of crude oil used as a benchmark indicator by the Organisation of Petroleum Exporting Countries increased to $76.02, the OPEC Secretariat said here on Wednesday.
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US, Canada look at rewriting Nafta
IANS | 01 Sep, 2018
The fate of the North American Free Trade Agreement (Nafta) became uncertain when the US and Canada failed to come to a consensus on rewriting the three-nation trade pact.
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  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 23 Sep, 2021
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