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Biden faces an ‘economy’ that’s tired of US antics

The election of Joe Biden as US president has prompted sighs of relief across the world — not least because his White House is expected to be a boon for the international economy. Donald Trump’s erratic behaviour on trade and currencies has weighed on foreign companies and governments while doing little to fulfill his domestic objectives. Even though it’s hard ...

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How airlines are making money now

With hopes that their season in hell could be approaching an end, airline stocks are on a tear. Shares in Singapore Airlines Ltd jumped the most in 21 years while those in Cathay Pacific Airways Ltd were up the most since 2008 after Singapore and Hong Kong announced the opening of a travel bubble starting from November 22. News of ...

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Social unrest is legacy of Covid-19 pandemic

“So when our Sickness, and our Poverty Had greater wants than we could well supply; Strict Orders did but more enrage our grief, And hinder in accomplishing relief.” That’s how the British poet George Wither explained a spreading rebellion against social-distancing rules. Seeing quarantines and lockdowns as unfair and tyrannical punishments, people were taking to the streets. The year was ...

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