🇺🇸 United States · Economy
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🇺🇸 United States
Economy
Verified
5 d ago
IMF chief warns energy shock, debt and AI risks threaten global growth
IMF Managing Director Kristalina Georgieva said in a speech in Singapore on Wednesday that countries rich and poor must act faster to cut debt and regulate artificial intelligence, warning of a triple shock from the AI boom, heavy borrowing…
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🇺🇸 United States
Economy
Verified
5 d ago
Iraq devalues dinar to 1,500 per dollar as war disrupts oil shipping
Iraq devalued its currency on Wednesday, moving the official exchange rate from about 1,300 dinars to the dollar to 1,500, the central bank said. The AP reported the rate was set at a Cabinet meeting the night before, with banks selling dol…
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🇺🇸 United States
Economy
Verified
6 d ago
US August trade deficit widens to $105.6 billion, widest since March 2025
The U.S. trade deficit rose to $105.6 billion in August, up 13.7% from July and the widest monthly gap since March 2025, the Commerce Department reported Tuesday. Imports rose 4.3% while exports rose 1.4%, with gains in crude oil, gold and …
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