Amid the struggle to reignite growth post-Covid, the city of Hefei prospers thanks to its ‘Six capital model’ China, known for routinely producing veritable economic miracles, seems to have lost its magic touch in recent times. After abruptly abandoning its strict zero-COVID policy – the toughest containment regime ever seen in human history – at…
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The devastating inferno caused up to $6 billion in losses, according to Moody’s RMS Damage from the deadliest wildfire in modern US history, which killed over 100 people and destroyed countless homes and businesses in Hawaii, could range from $4 billion to $6 billion, according to estimates by Moody’s RMS.
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The amount should not exceed the volume of their investments in the country, according to new regulations The Russian Finance Ministry and central bank announced on Wednesday that they would soften restrictions on the payment of dividends to foreigners investing in the Russian economy.
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