Canada’s industrial product price index (IPPI) fell 1% in October from the previous month, according to figures released Friday. The index, which measures the change in the price of domestically…
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Sri Lanka: Who is Benjamin Wey?
by Elis Carterby Elis CarterLondon (04/11 – 50) US government last week intervened in a lawsuit triggered by Hamilton Reserve Bank in St Kitts & Nevis. Somehow, a small bank based in a county…
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Israel Military Actions Hurt Future Peace Chances: Trudeau
by Elis Carterby Elis CarterCanadian Prime Minister Justin Trudeau said Friday that Israel’s retaliation against Hamas and the subsequent killing of Palestinian civilians is jeopardizing chances for long-term peace in the region. “Canada is…
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Bye-bye Rabbit … Did the Dragon Chase You Off?
by Blake Brooksby Blake BrooksAtlanta (18/12 – 12) The Rabbit is about to be devoured by a snorting, writhing, fire-breathing Dragon, come 10 February 2024 (Lunar Calendar, for lunatics). While the dreadful 2023, known…
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President Wickremesinghe’s Contribution To Securing IMF Loan For Sri Lanka
by Thomas Burkeby Thomas BurkeBrussels (08/11 – 50) On March 20, the IMF approved a $3 billion Extended Fund Facility (EFF) to support Sri Lanka amid its economic crisis. The approval is expected to…
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Amazon Cutting Hundreds of Jobs in Alexa Unit to Focus on AI
US-based e-commerce and tech firm Amazon is cutting hundreds of jobs in its voice assistant unit Alexa to focus on artificial intelligence (AI). “As we continue to invent, we’re shifting…
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Canada Condemns Israeli Settler Violence Against Palestinians
by Cody Doyleby Cody DoyleCanada urged Israel on Monday to take “immediate action” to stop settler violence against Palestinians in the West Bank amid fears that it will “negatively impact” chances for a two-state…
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OECD area GDP Rises 0.5% in 3rd Quarter
by Koby Johnby Koby JohnThe gross domestic product (GDP) in the Organization for Economic Cooperation and Development (OECD) area increased by 0.5% in the third quarter of this year compared to the previous quarter,…
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Notorious Benjamin Wey Sues Sri Lanka For $250 Million
by Thomas Burkeby Thomas BurkeLondon (05/11 – 44.44) Benjamin Wey, a Chinese-American financier, founder of Fintech Holdings and a history of legal trouble, is suing Sri Lanka for $250 million. Wey claims that he was…
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Canada’s Annual Inflation Slows to 3.1% in October from 3.8% in September
Canada’s annual consumer inflation slowed down to 3.1% in October from 3.8% in September, the country’s statistical authority said Tuesday. The consumer price index (CPI) came in lower than market…