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Natural disasters cost China nearly €12 billion in the first half of the year

China suffered a direct economic loss of 93.16 billion yuan (€11.81 billion) in the first half of this year due to natural disasters, the...

Collapse of UBS Would Have Devastating Consequences for the Entire Economy

All of Switzerland in suspense: The looming catastrophe of UBS bank cannot be avoided Switzerland anxiously watches the fate of UBS, the country's only remaining...

Chinese and Hong Kong Stock Markets Lose Nearly $5 Trillion in Value

Beijing/Hong Kong (TASR) – Stock markets in China and Hong Kong have experienced a dramatic fall in the past three years, with their value...

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