Lebanon’s economy could contract by 8-12% within the next year, economy minister says
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Lebanon’s economy could contract by 8-12% within the next year, Amin Salam tells CNBC.
Archive List for CNBC
China’s domestic stimulus policy is ‘more important’ than tariffs, geopolitics: AllianceBernstein
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John Lin of AllianceBernstein discusses the Chinese government’s stimulus plans and says that he expects more “forceful, impactful” property measures to come “sometime in the future”.
Exxon Mobil CEO says he would encourage the Trump administration to stay in the Paris Agreement
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Darren Woods, Exxon Mobil CEO, says “the Trump administration can bring a common sense approach to the discussion, so I would encourage them to stay in the Paris Agreement.”
Bitcoin will hit $100,000 ‘very soon,’ crypto firm co-founder says
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Antoni Trenchev, Nexo co-founder, outlines what Trump 2.0 might mean for the cryptocurrency.
World Bank president says Donald Trump ‘listens to practical reason’
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World Bank President Ajay Banga says President-elect Donald Trump “listens to practical reason,” as doubt over the future of Washington’s role in climate talks post-election clouds the COP29 conference in Azerbaijan.
Chinese markets experiencing ‘buy the rumor, sell the facts’ effect, says economist
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Hao Zhou, chief economist at Guotai Junan International, discusses investors’ reaction to China’s latest stimulus measures and the effect they could have on the overall economy.
Weaker Chinese consumer sentiment weighs on 11.11 sales festival
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More companies in China are opting out of discounts during major shopping festivals in favor of steadier year-round sales. However, Chinese consumer confidence has not fully recovered, with consumers trading down and waiting for shopping events to spend. This pushes e-commerce platforms to partner up to boost sales.
Trump president again extremely positive for crypto: Chainlink
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Sergey Nazarov of Chainlink weighs in on how a second Trump presidency will affect the cryptocurrency industry.
China is torn between two U.S. presidential choices it would not like to work with: The Asia Group
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Kurt Tong, Managing Partner of The Asia Group, says a second Trump administration could shift productive capacity away from China, while a Harris administration could see a continuation of Biden’s policies on technology denial.
End of the lobster ban is the latest sign of thawing Australia-China trade ties
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CNBC’s Sam Vadas reports from Beijing on the gradually improving trade relations between Australia and China.