Economy - PRESS AI WORLD
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ECONOMY
EU Unveils 18th Sanctions Package Against Russia Targeting Oil and Energy Sector

EU approves new sanctions targeting Russia's oil industry and banking, lowering the price cap to counter Moscow's war efforts in Ukraine.

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ECONOMY
Trump Administration Releases Partial School Funding Amid Controversy

Trump's administration partially releases school funds amid lawsuits and political tensions over education priorities.

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ECONOMY
Walmart Restructures Store Support Roles, Impacts Hundreds of Employees

Walmart's recent restructuring affects hundreds of store-support roles as part of its efforts to streamline operations.

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ECONOMY
Trump Continues Pressure on Fed Chair Powell Amid Mixed Signals on Dismissal

Trump escalates criticism of Fed Chair Powell over interest rates, hinting at dismissal while markets react to his mixed messages.

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ECONOMY
Germany deports 81 Afghan criminals amid stricter immigration reforms

Germany has deported 81 Afghan men convicted of crimes as part of its new hardline immigration policy.

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ECONOMY
US Congress Finalizes $9 Billion Cuts to Foreign Aid and Public Broadcasting

US Congress passes $9 billion cuts to foreign aid and public broadcasting, approved under Trump's administration.

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ECONOMY
US Imposes 93.5% Tariff on Chinese Graphite Imports

The US has announced a 93.5% tariff on Chinese graphite imports, impacting the EV battery supply chain.

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ECONOMY
Closure of USAID Leads to Destruction of 500 Tons of Emergency Food Aid

The closure of USAID leads to nearly 500 tons of expired emergency food aid being destroyed, drawing criticism over US foreign aid cuts.

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ECONOMY
Indonesia Secures Trade Deal with US, Tariffs Cut from 32% to 19%

Indonesia's new trade deal with the US lowers tariffs from 32% to 19%, focusing on agricultural imports and creating extensive purchase commitments.

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ECONOMY
Trump to impose 10% tariffs on imports from smaller nations, focusing on Africa and the Caribbean

Trump plans to introduce 10% tariffs on goods from smaller nations, focusing on Africa and the Caribbean, with potential economic repercussions.

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