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December 18, 2025
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Asian benchmarks decline after bear market hits Wall Street

The Cheap Investor4 years ago4 years ago04 mins

TOKYO (AP) — Asian shares fell across the board Tuesday after Wall Street tumbled into a bear market, indicating that major U.S. benchmarks and individual stocks have fallen 20% or more from a recent high for a sustained period of time. Benchmarks fell in Japan, Australia, South Korea and China. The Japanese yen’s continuing slide…

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French projections: Macron’s centrists will keep a majority

The Cheap Investor4 years ago4 years ago04 mins

PARIS (AP) — French President Emmanuel Macron’s centrist alliance is expected to keep its parliamentary majority after the first round of voting Sunday, but will likely have far fewer seats than five years ago, according to projections. Projections based on partial election results showed that at the national level, Macron’s party and its allies got…

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WTO holds big meeting to tackle vaccines, food shortages

The Cheap Investor4 years ago4 years ago05 mins

GENEVA (AP) — The head of the World Trade Organization predicted a “bumpy and rocky” road as it opened its highest-level meeting in 4-1/2 years on Sunday, with issues like pandemic preparedness, food insecurity and overfishing of the world’s seas on the agenda. At a time when some question WTO’s relevance, Director-General Ngozi Okonjo-Iweala hopes…

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Russian-owned successor of McDonald’s opens in Moscow

The Cheap Investor4 years ago4 years ago02 mins

MOSCOW (AP) — Three months after McDonald’s suspended operations in Russia, hundreds of people streamed into its famous former outlet on Moscow’s Pushkin Square as the restaurant reopened Sunday under a Russian owner and a new name. In March, McDonald’s halted operations of its company-run restaurants in Russia. Although some run by franchisees stayed open,…

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Estonia opposition party opts to start coalition talks

The Cheap Investor4 years ago4 years ago02 mins

HELSINKI (AP) — A small conservative opposition party whose support is seen crucial in attempts to form a majority government in Estonia following the breakup of the governing center-right coalition earlier this month said Saturday that it will start power-sharing talks with two other parties. After several days of speculation, the Isamaa — or “Fatherland”…

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Several factors are converging to push gas prices higher

The Cheap Investor4 years ago4 years ago05 mins

DALLAS (AP) — There is little evidence that gasoline prices, which hit a record $5 a gallon on Saturday, will drop anytime soon. Rising prices at the pump are a key driver in the highest inflation that Americans have seen in 40 years. Everyone seems to have a favorite villain for the high cost of…

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Italy locates 7 bodies at scorched crash site of helicopter

The Cheap Investor4 years ago4 years ago03 mins

ROME (AP) — Italian rescuers on Saturday located the bodies of seven people, including four Turkish and two Lebanese businessmen, who died when their helicopter crashed in a heavily forested, mountainous area in north-central Italy during a storm, authorities said. Col. Alfonso Cipriano, who heads an air force rescue coordination unit that led the search…

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War, guilt and last kisses: A deceptive, uneasy calm in Kyiv

The Cheap Investor4 years ago4 years ago04 mins

KYIV, Ukraine (AP) — In the outdoor gym on Venice Beach, the name given to an inviting stretch of sand on the majestic Dnieper River that courses through the capital of Ukraine, Serhiy Chornyi is working on his summer body, up-down-up-downing a chunky hunk of iron. The aim of his sweat and toil isn’t to…

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Tesla proposes a 3-for-1 stock split; Ellison to leave Board

The Cheap Investor4 years ago4 years ago02 mins

NEW YORK (AP) — Tesla proposed a three-for-one split of its stock on Friday, a move that will make a single share of the electric car maker more accessible to investors but not affect the company’s overall market value. Tesla Inc. made the announcement in its annual proxy statement, which also said Oracle co-founder Larry…

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US lifts COVID-19 test requirement for international travel

The Cheap Investor4 years ago4 years ago05 mins

WASHINGTON (AP) — The Biden administration is lifting its requirement that international travelers test negative for COVID-19 within a day before boarding a flight to the United States, ending one of the last remaining government mandates designed to contain the spread of the coronavirus. The Centers for Disease Control and Prevention announced Friday that the…

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