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U.S. manufacturing activity shrank in October for an eighth straight month, driven by the uncertainty around tariffs and weak demand.
Separately, the U.S. Consumer's durability as a prop for the economy may be tested in the coming weeks.
#usa #economy #trumptariffs #wion
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WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
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The war has triggered what energy watchdogs call the largest oil supply disruption in history. With the strait of Hormuz shut and gulf production curbed, global markets are now grappling with a key question, how long will it take for oil supplies to return to pre-war levels?
#oil #war #iran #wion
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WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
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U.S. manufacturing activity shrank in October for an eighth straight month, driven by the uncertainty around tariffs and weak demand.
Separately, the U.S. Consumer's durability as a prop for the economy may be tested in the coming weeks.
#usa #economy #trumptariffs #wion
About Channel:
WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
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SpaceX's blockbuster stock market debut is facing a reality check. After soaring on investor enthusiasm following its IPO, the aerospace giant's shares have come under pressure as market optimism gives way to concerns over valuation, competition, and future growth prospects.
The sharp selloff has turned SpaceX into one of Wall Street's most closely watched stocks, raising questions about whether the company can justify its lofty expectations. Here's a closer look at what's driving the post-IPO decline and what investors are watching next.
#spacex #ipo #stocks #wion
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Kevin Morrison from the Institute for Energy Economics and Financial Analysis says the regional diesel price is trading higher than ever before because the US-Iran conflict is restricting oil shipments through the Strait of Hormuz and there's a squeeze on refining capacity drving up prices. He said the crude coming of the Middle East is more suited to making diesel than petrol.
He says Australia is big importer and consumer of diesel and has a month's stockpile left, "well short" of the international benchmark. And he says while more than 75 per cent of the world's oil is still flowing, it will take a while before stockpiles diminish. But he says without positive developments in the Strait of Hormuz "we could be back to a very tightening situation come September, October."
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Read more here: https://www.abc.net.au/news/20....26-07-25/bowen-fuel-
#ABCBusiness
The U.S. Federal Reserve has left interest rates unchanged under new Chair Kevin Warsh, even as inflation remains well above the central bank's 2% target. The decision highlights the delicate balancing act facing policymakers as they try to curb inflation without slowing economic growth too sharply. With officials divided on the path ahead, investors are closely watching for clues about future rate moves and the broader outlook for the U.S. economy.
#fed #business #usa #wion
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WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
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The world's richest man, Elon Musk, has issued a stark warning on America's growing debt burden, saying the country faces financial collapse without a major boost to economic growth.
#musk #usa #bankruptcy #wion
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WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
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Ukrainian President Volodymyr Zelensky arrives in the United States for a crucial meeting with President Donald Trump as the war in Ukraine enters a critical phase. The high-stakes talks are expected to focus on military aid, sanctions on Russia, security guarantees, and the future of U.S.-Ukraine relations. With fighting intensifying on the battlefield, global attention is fixed on the outcome of this pivotal diplomatic meeting.
#zelensky #trump #ukraine #russia #ukrainewar #us #washington #diplomacy #putin #nato #militaryaid
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China's economy is increasingly divided between fast-growing technology hubs and regions struggling with weaker demand, property challenges, and slowing traditional industries. While sectors such as artificial intelligence, advanced manufacturing, and exports continue to drive growth, many provinces remain under pressure. Analysts describe the trend as a "geographic K-shaped economy," where different parts of the country are moving in sharply different economic directions.
#china #economy #tourism #wion
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Russiaโs biggest online retailer, Wildberries, is facing major disruption after Ukrainian drone attacks damaged at least seven of its warehouses.
#russiaukrainewar #wildberries #wion
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WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
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SpaceX's blockbuster stock market debut is facing a reality check. After soaring on investor enthusiasm following its IPO, the aerospace giant's shares have come under pressure as market optimism gives way to concerns over valuation, competition, and future growth prospects.
The sharp selloff has turned SpaceX into one of Wall Street's most closely watched stocks, raising questions about whether the company can justify its lofty expectations. Here's a closer look at what's driving the post-IPO decline and what investors are watching next.
#spacex #ipo #stocks #wion
About Channel:
WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
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Is the global economy slowly moving away from the dominance of the United States Dollar? The ongoing tensions involving Iran, the United States, and other geopolitical shifts are accelerating discussions around de-dollarisation in global energy trade.
Countries are increasingly settling oil transactions in alternative currencies such as the Chinese Yuan, Russian Ruble, and Indian Rupee. This shift could reshape how global commodities are priced and traded.
#dollar #usa #economy #wion
About Channel:
WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
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"If you truly want to yank that economic wealth that has been, over the years, taken by others, you will need to back some winners."
Speaking to Shereen Bhan, Rahul Bhatia, MD, InterGlobe Aviation, says India's aviation ambitions aren't about competing within the country, but about India competing with the world โ pointing to how dominant carriers like Emirates, Qatar Airways and Lufthansa command their home markets.
Bhatia argues that as India eyes becoming the world's third-largest aviation market, it needs to back a few big winners and let them grow, rather than spreading scale thin across many players.
#IndiGo #RahulBhatia #InterGlobeAviation #IndianAviation #ShereenBhan #CNBCTV18Digital
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Gold has long been India's preferred safe-haven asset, but record-high prices and a sharp correction have left investors wondering what comes next. Gold prices in India remain above โน1.4 lakh per 10 grams, even after falling significantly from their recent highs. Is this decline a temporary pause before another rally, or does it signal a deeper shift in the market? Here's a closer look at the factors shaping gold's outlook and what investors should watch next.
#gold #business #asset #wion
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WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
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US Election 2024 LIVE: Polls Indicate Harris Gaining Big Early Voting Lead Despite Trump's Push
With just three days left for the November 5 polls, the 2024 US Presidential election has already set records for pre-Election Day votes. While Republicans have been excitedly urging people to take part in early voting, things are looking great for Vice President Kamala Harris. Pollings are now suggesting that the Democratic presidential nominee is significantly ahead among those who have already voted either through absentee, mail-in or in-person ballots. Recent national polling from ABC News/Ipsos, The New York Times/Sienna College and CNN show that Harris is leading Trump by 62 per cent to 33 per cent; 59 per cent to 40 per cent; and 61 per cent to 36 per cent respectively.
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The world's economic map is being redrawn.
Goldman sachs has released a sweeping forecast, and it tells you exactly who will be on top in 2050 and 2075. The projections are striking.
And they matter for every investor and every government planning for the future.
#china #economy #wion #businessnews
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The war has triggered what energy watchdogs call the largest oil supply disruption in history. With the strait of Hormuz shut and gulf production curbed, global markets are now grappling with a key question, how long will it take for oil supplies to return to pre-war levels?
#oil #war #iran #wion
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WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
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Everyone accepts scarcity pricing, but not about gold. Business class seats, courtside tickets, a one-off Ferrari: nobody demands a "fundamentals" explanation. Yet gold's rally gets constant skepticism.
#gold #jpmorgan #wion
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The Kissinger Institute on China and the United States, and The Counsellors' Office of the State Council (COSC), People's Republic of China,
in collaboration with The Program on America and the Global Economy Present a Symposium on United States-...
