The US debt crisis: global concerns about fiscal sustainability
Recently, the US debt issue has breached risk thresholds, becoming a "sword of Damocles" hanging over global financial markets.
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Recently, the US debt issue has breached risk thresholds, becoming a "sword of Damocles" hanging over global financial markets.
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Driven by the continuous development of artificial intelligence and machine learning, the fintech landscape is undergoing earth shattering changes.
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On May 7th, the Federal Reserve announced that the target range for the federal funds rate remained unchanged at 4.25% to 4.5%.
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Recently, the international crude oil market has quickly returned to fatigue after a brief rebound, with WTI crude oil prices hovering in the range of $60-62 per barrel and Brent crude oil fluctuating around $63-65 per barrel.
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Andrei Pisny, governor of the Central Bank of Ukraine, recently revealed to international media that Ukraine is evaluating the possibility of pegging its currency, the hryvnia, to the euro.
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On the 7th local time, the US Federal Reserve concluded its two-day monetary policy meeting and announced that it would keep the target range for the federal funds rate unchanged at between 4.25% and 4.50%.
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On May 7th, US time, the Federal Reserve's Federal Market Committee released its latest interest rate decision.
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Warren Buffett is a legendary figure in the investment world, renowned for his unique investment philosophy and long-term value strategy, earning him the title of "Stock God."
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Recently, U.S. Treasury Secretary Janet Yellen stated during a hearing of the House Appropriations Committee that the U.S. debt ceiling has entered the "warning line," yet she insisted that the U.S. government "will never default."
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In the current era where the global economy is closely intertwined, every move in monetary policy is like a huge stone thrown into a lake, creating ripples.
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The United States announced on Monday its commitment to provide 1.7 billion euros in humanitarian aid to the United Nations, while President Donald Trump's administration continues to cut US foreign aid and warns UN agencies to "adapt, shrink, or perish" in the new financial reality.
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