The currencies that are being held by central banks as foreign exchange reserves have remained largely steady over decades. Changes in the
As Americans chose change over continuity by picking a seasoned statesman over a divisive showman, the world looks to reap predictable multilateral and diplomatic dividends. President-elect Joe Biden is no stranger to multilateralism and diplomacy. His long career has placed him at the center of U.S. foreign policy.
MoreLockdowns, working from home, and physical distancing caused people to spend larger shares of their household budgets on food and housing, while fewer people bought nonessentials, like airline tickets and clothing. And with incomes down as millions have lost their jobs, spending on nonessential items will likely remain depressed.
MoreTo the agents, stakeholders, and partners of Pru Life UK Investments, congratulations on your first anniversary.
MoreThe European Commission's regulation increasing tariffs on U.S. exports into the EU worth $4 billion will be published in the Official Journal of the EU. The countermeasures have been agreed by EU Member States since the U.S. has not yet provided the basis for a negotiated settlement, which would include an immediate removal of U.S.
MoreIf you travel by train from the city of Bordeaux southward to Spain, at the border you will have a slightly strange experience. Since the rail gauges in France and Spain are of a different width, the rail bogies, that’s basically the wheels of the train, have to be replaced. A very heavy machine lifts
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