Politics

The recent discussions held by U.S. Treasury Secretary Janet Yellen during her visit to China have revolved around overcapacity concerns and the encouragement for market-oriented reforms. Yellen highlighted the importance of a healthy economic relationship that benefits both economies. She emphasized the need for a level playing field for American workers and firms, as well
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Joe Lewis, a British billionaire, was recently ordered by a U.S. judge to pay a $5 million fine and serve three years of probation for sharing illegal stock tips. This case highlights the lack of accountability among the wealthy elite, as Lewis was able to avoid prison time despite committing serious financial crimes. The fact
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In a recent development, two Florida brothers, Michael Shvartsman and Gerald Shvartsman, pleaded guilty in New York federal court to insider trading charges related to their purchase and sale of securities of Digital World Acquisition Corp. This shell company eventually merged with former President Donald Trump’s social media firm, leading to the brothers earning more
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President Joe Biden recently spoke with Chinese President Xi Jinping in a phone call aimed at “checking in” and responsibly managing the strained relationship between the United States and China. The White House described the call as an opportunity for the two leaders to engage in intense diplomacy to address tensions, misperceptions, and prevent unintended
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