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China's air travel market recently achieved a major development by showcasing its locally manufactured C919 and ARJ21 airplane in Hong Kong.This historical occasion marks these airplane's first display outside mainland China, signifying an essential moment in China's enthusiastic aviation journey.The C919 and ARJ21 touched down at Hong Kong International
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Read more: China's Airborne Ambition: A New Era in Aviation
Write comment (97 Comments)(Opinion) Brazil's decision to increase financial obligation for economic development, promoted by President Luiz Inácio Lula da Silva, provides a risky yet possibly transformative strategy.This method, diverging from conventional fiscal conservatism, raises crucial concerns about the sustainability and efficiency of such financial policies.When comparing
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Read more: [Brazil] - Opinion: Brazil's Debt Dilemma-- Lula's Risky Gamble
Write comment (97 Comments)Argentina, with Economy Minister Luis Caputo's statement, starts a considerable economic reset, paving the way for considerable transformations.These aim to deal with the nation's deepening economic woes.Peso's Steep DevaluationThe government plans to decrease the value of the peso by over 50%, repairing it at 800 per dollar. This move targets Argentina's s
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Read more: Argentina's Bold Economic Reset
Write comment (90 Comments)The International Monetary Fund (IMF) today invited Argentina's very first set of financial measures announced by its brand-new government.These measures focus mainly on increasing the exchange rate, cutting state spending, and reducing subsidies. They are part of a fiscal merging program.Julie Kozack, IMF's Director of Communications, launched a
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Read more: IMF Supports Argentina's New Economic Measures
Write comment (90 Comments)Belize, as soon as known for its inviting policies to International Business Companies (IBC), now deals with challenges.The country's current law changes, like the Belize Companies (Amendment) Act 2023, raise questions about its commitment to financier trust.For a very long time, Belize's simple tax laws and privacy brought in foreign financiers. This method assisted b
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Read more: Belize's Investor Trust: Broken Promises and Challenges Ahead
Write comment (90 Comments)The Central Bank of Paraguay (BCP) predicts a 3.8% growth in the country's Gross Domestic Product (GDP) for 2024. Carlos Carvallo, the bank's president, made this announcement today. He discussed that this forecast is based upon the growth of numerous economic sectors.This reflects a trend towards diversity developed in recent years.Furthermore,
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Read more: Durable Paraguayan Economy Set to Expand by 3.8% in 2024
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