AU launches world's largest free trade area tomorrow
ADDIS ABABA, Mar 19 (Agencies): Africa's leaders will gather in Rwanda Wednesday to launch what they say will be the world's largest free trade area but Nigeria has already pulled out, highlighting the challenge in getting the continent to sign up.Establishing the African Continental Free Trade Area (CFTA) with 55...
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Leading US trade groups urge Trump to halt planned China tariffs
WASHINGTON, Mar 19 (AFP): Leading US trade associations have written to President Donald Trump urging him to halt plans to slap tariffs on Chinese imports. The letter, first reported Sunday by the Wall Street Journal, is signed by 45 US trade groups representing everything from the high-tech industry to apparel...
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Gold price slumps ahead of Fed meeting
LONDON, Mar 19 (Reuters): Gold touched its lowest in more than two weeks on Monday as markets remained nervous ahead of a U.S. central bank meeting that could raise interest rates and signal three more increases this year.The price of gold has bounced after each of the five previous U.S....
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Crypto assets do not pose risk, says FSB study
PARIS, Mar 19 (AFP): Virtual currencies and so-called crypto assets do not, yet, pose a systemic risk, the body which makes recommendations about the financial system said in a study released Sunday. "The FSB's initial assessment is that crypto-assets do not pose risks to global financial stability at this time,"...
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