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December 7, 2025
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August 11, 2022

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Blinken in Rwanda to discuss Congo tensions, human rights

The Cheap Investor3 years ago3 years ago03 mins

KIGALI, Rwanda (AP) — U.S. Secretary of State Antony Blinken is in Rwanda, the last stop on his three-nation tour of Africa where he has articulated Washington’s new strategy for engaging with sub-Saharan African nations as “equal partners.” Blinken comes to Rwanda at a particularly difficult time for Africa’s Great Lakes region, with the small…

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Russia struggles to replenish its troops in Ukraine

The Cheap Investor3 years ago3 years ago07 mins

The prisoners at the penal colony in St. Petersburg were expecting a visit by officials, thinking it would be some sort of inspection. Instead, men in uniform arrived and offered them amnesty — if they agreed to fight alongside the Russian army in Ukraine. Over the following days, about a dozen or so left the…

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Asian shares mixed after new signs of cooling inflation

The Cheap Investor3 years ago3 years ago04 mins

BANGKOK (AP) — Shares were mixed Friday in Asia after a muddled day on Wall Street, where benchmarks meandered following another encouraging report about inflation. Tokyo’s Nikkei 225 surged 2.5%, catching up on gains after being closed Thursday for a holiday. Hong Kong and Seoul also advanced, while Shanghai and Sydney declined. U.S. futures edged…

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China's July Vehicle Sales Jump 30%, Industry Body Says
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China’s July Vehicle Sales Jump 30%, Industry Body Says

The Cheap Investor3 years ago02 mins

SHANGHAI (Reuters) -China’s auto sales surged 29.7% in July from a year earlier to 2.42 million units, extending a recovery that began in June with the help of eased COVID curbs and government incentives. But sales for the first seven months were still 2% lower than the corresponding 2021 period, data from the China Association…

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Siemens' Writedown Pushes Company Into First Loss Since 2010
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Siemens’ Writedown Pushes Company Into First Loss Since 2010

The Cheap Investor3 years ago02 mins

By John Revill ZURICH (Reuters) – Siemens reported better-than-expected revenues for its third quarter on Thursday as a writedown at Siemens Energy pushed the engineering and technology group into the red for the first time in nearly 12 years. The maker of industrial software and trains reported revenues rising 11% to 17.87 billion euros ($18.38…

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At 75, India seeks way forward in big but job-scarce economy

The Cheap Investor3 years ago3 years ago06 mins

NEW DELHI (AP) — As India’s economy grew, the hum of factories turned the sleepy, dusty village of Manesar into a booming industrial hub, cranking out everything from cars and sinks to smartphones and tablets. But jobs have run scarce over the years, prompting more and more workers to line up along the road for…

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