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TOKYO U.S. President Joe Biden and Chinese President Xi Jinping reaffirmed the importance of communication at their summit in San Francisco on Nov. ....
Lots of “smart” power meters haven’t been used for much beyond billing. But Amazon Web Services (AWS) and Vector Technology Services (VTS) this week said. ....
NEW YORK Growth projections for China's economy for both 2023 and 2024 were downgraded by the International Monetary Fund as the country's real est ....
IN Washington they paused; in Frankfurt they hiked; and in Beijing, they cut.Central bankers in three of the world s key economic regions have unveiled divergent monetary policies this week as they each contend with their own challenges.This week s moves reflect not only the different economic headwinds faced by the eurozone, the United States and China, but also where they are in their cycle of monetary policy.The US Federal Reserve began rapidly and aggressively raising rates in March last year, while the European Central Bank (ECB) adopted a more gradual approach to monetary tightening. I don t know who has more to do, but certainly the Fed has done more than the ECB, Joseph Gagnon, a senior fellow at the Peterson Institute for International Economics (PIIE), told AFP.China s situation is markedly different than the United States and the eurozone, with rate cuts on the menu as policymakers move to tackle lackluster economic growth and soaring youth unemployment.Skip, hike, and cut ....