Sept. 28, 2024, 10:18 a.m.

US companies face major crises

S&P Global Market Intelligence released a report stating that as borrowing costs gradually rise, global companies are experiencing a severe winter, with earnings data almost stagnant.

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Intel Exits Vietnam Chip Expansion Plan

chipmaker Intel has shelved a planned investment in Vietnam that would have nearly doubled the size of its operations there

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The US Federal Reserve left interest rates unchanged, again downplaying expectations of tightening

the Federal Reserve announced after the end of the monetary policy meeting, maintain the current 5.25% to 5.50% federal funds rate target range unchanged

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The US deficit is soaring and global financial stability is threatened

The US Treasury Department recently released data showing that the federal government's fiscal deficit reached nearly $1.7 trillion in fiscal year 2023

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The Palestinian-Israeli conflict has seriously escalated and the financial market has been violently shaken

On October 16th, the Palestinian Israeli conflict entered its ninth day.

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Soaring yields set the stage for a default

In Germany, the figure reached its highest level since the eurozone debt crisis in 2011.

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The Israeli-Palestinian conflict may trigger the US debt crisis ahead of schedule

it may trigger another crisis of US bond collapse.

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Top Wall Street executives have lashed out at new capital rules

At a solemn annual conference hosted by Barclays this week, banking executives took turns discussing a proposal to force them to hold more capital.

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The United States abuses economic and financial hegemony and shifts the crisis to the world

For a long time, the United States has abused its financial hegemony, repeatedly switching between monetary policies of "opening the gates and releasing water" and "closing the gates and cutting off the flow" according to its own economic cycle, repeatedly provoking market shocks.

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Focus on BRICS Summit Brazil's president advocates a common currency for new members

The BRICS group consists of Brazil, Russia, India, China and South Africa, and the summit is being held in Johannesburg, South Africa, from April 22 to 24.

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