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DeSantis says he would ban TikTok because of China threat

Florida Gov. Ron DeSantis told CNBC that he would likely ban TikTok if given the opportunity because the social media app is owned by a Chinese company. “I do think it represents a threat to our country given China’s ownership of it,” DeSantis told CNBC’s Brian Sullivan in an interview …

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Argentina devalues its currency, jacks up interest rates

Argentine far-right libertarian economist and presidential candidate Javier Milei celebrates the results of the primary elections with his sister Karina Milei at his headquarters in Buenos Aires on August 13, 2023. Alejandro Pagni | Afp | Getty Images Argentina’s central bank devalued its currency, the peso, by close to 18% …

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Saudi soccer team Al-Hilal lures Brazilian star Neymar

Kylian Mbappe of PSG celebrates his goal with Neymar Jr (right) during the UEFA Champions League match between Celtic Glasgow and Paris Saint Germain (PSG) at Celtic Park on September 12, 2017 Jean Catuffe | Getty Images Sport | Getty Images Saudi Arabia is once again luring one of soccer’s …

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Malaysia state elections a ‘setback’ for Anwar’s government: Analyst

Anwar Ibrahim makes history as tenth Malaysian prime minister Annice Lyn | Getty Images News | Getty Images Malaysia’s closely watched state elections were a “setback” for the ruling coalition government, according to a political analyst from a risk consultancy. The polls were held in six states on Saturday, and ended …

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Yen breaches 145 level against USD, raises expectations BOJ may intervene

Japanese yen and U.S. dollar banknotes are arranged for a photograph in Tokyo, Japan. The U.S. dollar pushed to a fresh two-decade high versus major peers on Thursday, propelled by the Federal Reserve’s hawkish outlook for interest rates. Tomohiro Ohsumi | Bloomberg | Getty Images Stock Chart IconStock chart icon …

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Global rice prices could rise more as China flood risks loom: Fitch Ratings

Chinese villagers growing rice seedlings in a paddy field in Qiandongnan, Guizhou Province, China on April 2023. Future Publishing | Future Publishing | Getty Images Global rice markets could come under further strain as the world’s leading rice producer China grapples with heavy rain and flood risks.  “Heavy rain in …

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Employees in Asia are spending the most time looking busy at work

Workers in Asia are spending the most time on “performative work” — in other words, focusing on appearing busy more than doing real, productive work.  That’s according to a new global survey from Salesforce subsidiary Slack and research firm Qualtrics, which pulled data from more than 18,000 desk workers, including …

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India is rising force in Southeast Asia that could counter China dominance

Indian Army T-90 Bheeshma tanks roll past during the full dress final rehearsal for the Indian Republic Day parade in New Delhi on January 23, 2009. (Photo credit RAVEENDRAN/AFP via Getty Images) Raveendran | Afp | Getty Images India is taking major strides to expand its influence in Southeast Asia, …

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Most expensive cities for expats outside the U.S.

For those looking to leave the U.S., pursuing life as an expatriate is often an appealing option.  That’s especially true for those living in pricey locales, such as New York City or San Francisco, where the cost of living remains persistently high. In fact, New York continues to be the …

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U.S. executive order on China shows it’s learning from Russia mistakes

The White House has announced a ban on some U.S. investment in China in sensitive technologies such as computer chips in the latest ratcheting up of Washington’s disassociation from Beijing amid perceived national security risks. Drew Angerer | Getty Images News | Getty Images LONDON — U.S. moves to de-risk …

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