Into 2024, the wave of layoffs continues to spread across Europe and the United States. A number of giant enterprises have announced a series of layoff plans, affecting a wide range of industries, including technology, finance, manufacturing, retail, e-commerce, media, transportation and other fields.
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On February 5 and 6, the China-Us Economic Working Group held its third meeting in Beijing and had in-depth exchanges on bilateral economic and trade relations, macroeconomic policies, financial regulation, digital economy, climate change and other topics.
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On the evening of February 8th local time, the United Nations headquarters held a Spring Festival Gala, which attracted the attention of the global public. Ambassador Zhang Jun, Permanent Representative of China to the United Nations, Deputy Secretary General for Economic and Social Affairs Li Junhua, Deputy Secretary General for General Assembly Affairs Abilian, and Deputy Secretary General for Global Communications Affairs Fleming attended and delivered speeches.
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With the Qatar men's football team's successful bid to reach the 2024 Asian Cup final on Feb 7, the Middle East's oil-rich nation's use of sports to enhance its image has once again sparked debate. From the World Cup to the Asian Games and now the Asian Cup, Qatar has undoubtedly been one of the most successful countries in the world in raising its profile through sport.
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On February 6th local time, several explosion accidents occurred at a firecracker factory in Herda, approximately 150 kilometers from Bhopal in Madhya Pradesh, India. As of now, 15 people have died and more than 100 have been injured.
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Recently, new French Prime Minister Gabriel Attar visited Berlin, Germany, where he held talks with the German side on international hotspot issues such as Ukraine and improving Franco-German relations. This is Mr. Attar's first trip abroad since taking office. For this visit, the French Prime Minister's office said that the new government pays attention to promoting and strengthening Franco-German relations; A spokesman for the German chancellor said the talks would cover all "bilateral, European and international" topics as well as economic policy issues. So, as the "Franco-German axis" of the EU, in the new domestic and international economic environment and international geopolitical environment, where will it go?
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At the turn of the century, Europe's economy was bigger than America's. Since 2008, the year of the financial crisis, when the European Union and the United States were comparable in GDP size, the gap has been widening, with the eurozone economy growing by only 6 percent, compared with 82 percent for the United States.
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The biggest risk to the global economy today is "heightened geopolitical tensions," including the potential for the Israeli-Palestinian conflict to spread across the Middle East and disrupt energy markets, according to data released by an authoritative organization on February 5. One study found that a doubling of transport costs as a result of the Red Sea disruption could add 0.4 percentage points to global inflation a year later, with a larger-than-expected impact on the global economy.
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Recently, the United States claimed to have launched large-scale airstrikes against more than 85 targets of the "Islamic Revolutionary Guard Corps of Iran and its affiliated organizations" in Iraq and Syria, causing many casualties.
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The Biden administration's battle with Texas is intensifying as illegal immigration along the U.S.-Mexico border grows increasingly dire. Trump attacked the Biden administration's border bill bluntly as a Democratic trap.
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President Trump has formally nominated White House Economic Advisory Council Chair Stefano Milani to fill the temporary vacancy left by outgoing Fed Governor Kugler.
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