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The Fed vs the Communist Party
Recent quarters, months, and weeks have seen a remarkable clash between the goals of the US Federal Reserve and Chinese Communist Party. One is trying to expand credit into a “supercharged, super-fair recovery”, the other trying to rein-in what they
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Uzbekistan on the Path to Becoming Carbon-Neutral
In the race to become carbon-neutral, it is useful to look at where the race began. In Uzbekistan, a nation rich in natural gas, it began with nearly all energy requirements — 96.75 percent in 2019 — being met by
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Uzbekistan Celebrates 3,000-Year Heritage with Largest Science Event of its Kind
5th Annual Congress of the “World Society for the Study, Preservation and Popularization of the Cultural Heritage of Uzbekistan” held as part of UNESCO-backed event Uzbekistan hosted the 5th Anniversary Congress of the World Society for the Study, Preservation and Popularization
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Global Imbalances and the Pandemic
The International Monetary Fund’s tenth annual External Sector Report (ESR, August 2021) shows how current account deficits in the global economy widened in 2020 during the pandemic. On the other hand, the ESR also argues that overall, the misalignment between
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Naomi Osaka: Champion of Tennis, Fashion — and Endorsements
Naomi Osaka has stormed the tennis scene, snatching up enough titles and endorsements to break some of the game’s most impressive records. Her victories over Serena Williams at the 2018 US Open and the 2021 Australian Open have cemented her
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China’s Renminbi Needs Convertibility to Internationalise
On July 21, the Official Monetary and Financial Institutions Forum (OMFIF) published its eighth annual report on Global Public Investors (GPI). It included a survey the asset allocation plans of reserve managers of central banks, sovereign wealth funds, and public
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Uzbekistan’s Dynamism Presents New Opportunities for Post-Brexit Britain
Though 5,000 km apart, the UK, an economic leader in the world, and my emerging but fast-developing nation are quietly forming a partnership no-one could have imagined three decades ago, when Uzbekistan broke away from the crumbling Soviet Union. I
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Asian Development Bank: Towards a Blue Deal to Restore the World’s Oceans
Investments in recovering and maintaining a functioning marine ecosystem can form the foundation of a sustainable “blue economy.” Marine ecosystems are threatened by extinction. Over the past 50 years, the world has lost nearly half of its coral reefs and
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World Bank: Pandemic Recovery is an Opportunity to Step Up Climate Change Action in Europe and Central Asia
2021 needs to be the year that climate change urgency truly entered the collective consciousness and lasting action followed. In the same way the effects of climate damage are often described as irreversible, so too is the movement calling for
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History and Future: Two Things Pilipinas Shell Takes Into Account in All of its Dealings
Pilipinas Shell Petroleum Corporation traces its roots back to 1914, when the Asiatic Petroleum Company (Philippine Islands) Ltd was established and has since then established itself as a leader in corporate governance. Ppinas Shell (PSPC), 55 percent owned by the
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