23.05.2022
Canada: Huawei and ZTE banned from 5G network
Canadian officials announced on 18 May 2022 that China's Huawei Technologies and ZTE would be banned from participating in Canada’s 5G wireless networks, citing national security concerns...
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16.05.2022
China: Export growth slows in April
The General Administration of Customs (GAC) reported that China’s exports grew only 3.9% in April, the lowest since June 2020, to US$273.6 billion from a year ago. Imports remained flat, after a 0.1% decrease in March...
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10.05.2022
UK: BOE raises rates to combat inflation
TThe Bank of England (BOE) raised interest rates by 25 percentage points to 1.0%, the highest since 2009, citing low unemployment and rising inflation. BOE officials forecasted inflation to rise further over the remainder of the year...
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03.05.2022
US: Economic activity contracts in Q1
According to an advance estimate released by the Department of Commerce, US GDP decreased at an annualized rate of 1.4% in Q1 2022, switching from a growth of 6.9% in the preceding quarter. This marked the first negative reading since the COVID-19...
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