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Australia's Postal Service Suggests Stamp Price Hike of 25%, Which Consumer Watchdog Won’t Challenge

The Australian Competition and Consumer Commission has indicated that it would not oppose Australia Post's 25% stamp price increase while collecting stakeholder input.


Saudi Arabia Makes Rare Move to Open its First Liquor Store in Over 70 Years Amid Liberalization Drive

Saudi Arabia has opened its first liquor store in over 70 years, marking a significant departure from its conservative traditions.

China Is Lowering Reserve Requirements for Banks to Bolster Slowing Economy

China will reduce its banks' liquidity reserves at the start of next month to boost its struggling economy.

Russia's Vladimir Putin on Hunt for Property of Russian Empire, Soviet Union — Here’s Why

Russia's President Vladimir Putin has initiated a search for properties that once belonged to its former empire or were previously owned by the Soviet Union.


Latest News

China Eases Visa Requirements to Boost Tourism Amid Economic Slowdown
China has unveiled its plan to boost tourism by relaxing visa requirements. China has unveiled its plan to boost tourism by relaxing visa requirements to make it easier for foreigners to travel to the country for business, education, and tours.
Russia Is Spending Big Chunk of Money on Defense That It's Draining the Rest of the Economy
A former central bank official in Russia said the war in Ukraine is taking much of the nation's financial resources.
Healthy US-China Ties No Longer Optional But 'Imperative,' Chinese Foreign Minister Says
Chinese Foreign Minister Wang Yi has emphasized the importance of establishing a correct understanding and cooperation between the United States (US) and China, saying that it is "no longer an option but an imperative" for the world.
China, Nicaragua New Free Trade Agreement Begins
China and Nicaragua have initiated trading under a newly established free trade agreement, which formally started on Monday.
Saudi Arabia Tops Sovereign Wealth Spending League, Snatches the Spot From Singapore
Saudi Arabia's Public Investment Fund (PIF) has emerged as the world's most active sovereign investor in 2023, with deals worth billions of dollars.
Russia's Manufacturing Sector Grows Fastest in 7 Years in December
Activity in Russia's manufacturing industry scaled up at its fastest pace in almost seven years in December, according to a business survey.
India Set to Block 9 Global Crypto Platforms, Including Binance and Kraken
India has identified nine global cryptocurrency exchanges, including Binance, Kraken, Kucoin, and Mexc, operating "illegally" in the country.
Russia's Sokol Oil Delivery to India Faces Delay: Here's Why
The delivery of Russian Sokol grade crude oil to the Indian Oil Corp has faced a delay. The delivery of Russia's Sokol crude oil to the Indian Oil Corp (IOC) has reportedly faced a setback due to payment issues, causing shipment delays.
2 Cities in China Halt Heavy Industries to Combat Pollution
Two cities in northwestern China have implemented preventive measures to address an anticipated heavy pollution surge in the coming days.
Mexico Launches Army-Run Airline Mexicana, Takes off With First Flight to Resort of Tulum
Mexico launched its army-run airline on Tuesday when the new Mexicana de Aviacion airline's first flight took off from Mexico City.
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