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Author Archives: Top News Editor

New Zealand Q2 GDP Tumbles 12.2% On Quarter

New Zealand’s gross domestic product dropped 12.2 percent on quarter in the second quarter of 2020, Statistics New Zealand said on Thursday – marking the country’s largest single-quarter decline on record. Read Full Story

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Dollar Recovers After Fed Policy Announcement

The U.S. dollar, which recovered after early weakness to go marginally up ahead of the Federal Reserve’s monetary policy announcement this afternoon, slipped after the Fed said interest rates will stay near zero through 2023. Read Full Story

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UK Inflation Eases To Near 5-Year Low

UK inflation slowed to a near five-year low in August largely driven by subsidies provided for eating out and lower taxes, the Office for National Statistics reported Wednesday. Inflation eased less-than-expected to 0.2 percent in August from 1 percent in ...

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