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Economic Outlook

US Debt Higher Than Ever Before

For the first time in the history of the United States, the national debt has reached $32 billion. The federal government of the United States spends much more money than it receives from taxes and other sources. However, the argument about raising the debt ceiling in Congress has not yet ended the debate about future spending.
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Partnership In Russian And Chinese Business

Since the Russian invasion of Ukraine, hundreds of global brands have left the country as a response to this act. Thus, Russians had to look for various alternatives, from smartphones to fashion labels to cars.
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Sustainable Investment

When investing money, you usually want to either get interest or a good return. The aim is to ensure that the amount invested is safely stored. Or you have the prospect of a higher return, so you take a higher risk. Finally, the availability of money also plays a role.
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Swatch Group: A Leader In The Swiss Watch Industry

The Swatch Group, headquartered in Biel, Switzerland, is a renowned player in the luxury goods industry. Founded in 1983 by Nicolas Georges Hayek, the company has established itself as a global leader in the Swiss watch industry. With a diverse portfolio of iconic brands and a strong focus on innovation and quality, Swatch Group continues to captivate customers worldwide.
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Turkey’s Steel Industry: A Look Into The Turbulent Economy

Known for its vibrant industries and strategic geographic location, the Turkish economy has faced significant challenges in recent years. The steel industry is currently grappling with the aftermath of two earthquakes that disrupted production and significantly impacted national steel production.
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Stock Trading vs. Crypto Trading

The cryptocurrency market is frequently compared to the stock market as if they were the same thing. While there are some similarities, these two types are very different. We discuss them in more detail below.
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Top Biotech Companies To Watch In 2023

Due to innovation and medical advancements, the biotech industry is still thriving. The top biotech companies of 2023 are at the forefront of revolutionising healthcare through their groundbreaking therapies and technologies. With potential breakthrough treatments, these five biotech companies are certainly worth watching in the coming years.
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Swiss National Bank: Half-year Results

The Swiss central bank has reported a half-year profit of CHF 13.7 billion.
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