Global Business

One million Bolivar banknote launched in Venezuela
March 30, 2021

One million Bolivar banknote launched in Venezuela

Venezuela’s central bank has announced it is issuing new banknotes, with the highest denominations in the country’s history, as the country struggles to cope with a chronic cash shortage after almost 3 years of hyperinflation. What does this mean to the country?

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March 17, 2021

South by Southwest Festival returns, virtually

For nearly 35 years now, the hugely popular South by Southwest festival has celebrated the arts, tech, culture and all things creative in Austin, Texas. This opportunity for sensory overload takes over the town each March.

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Should children get COVID-19 vaccine?
March 4, 2021

Should children get COVID-19 vaccine?

When will children be able to receive COVID-19 vaccines? People around the world are getting jabs of COVID-19 vaccines, but children are not yet authorized for vaccines. Clinical trials are currently underway to monitor their impact on young people.

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$15 minimum wage could lead to layoffs in the U.S.
February 24, 2021

$15 minimum wage could lead to layoffs in the U.S.

U.S. President Joe Biden and other Democrats wants to raise the federal minimum wage from the current $7.25 to $15 an hour by 2025. But some lawmakers, both Republican and Democrat are opposed saying higher wages will lead to job cuts.

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What’s happening with GameStop and the stock market?
February 8, 2021

What’s happening with GameStop and the stock market?

Online chatrooms and social media has helped fuel a trading frenzy sending some retail store stocks soaring recently. Some analysts believe this form of trading activity won’t end with GameStop. See what’s happening with GameStop and the stock market.

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Ford shuts down manufacturing plants in Brazil
January 18, 2021

Ford shuts down manufacturing plants in Brazil

Ford Motor has announced that it will close its three plants in Brazil this year as the COVID-19 pandemic amplified the company’s under use of its manufacturing capacity. See how the COVID-19 impacts the global production and flow of cars.

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Concerns about online stock trading platforms
January 18, 2021

Concerns about online stock trading platforms

With online platforms are opening up trading to a wider audience, buying stocks is now just a swipe or a click away. But there are concerns that young, inexperienced investors can get themselves in too deep. While StockTok is helping young people to educate themselves about money, financial advisors also fear social media buzz around investing is creating a gold rush.

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January 16, 2021

A look at some unique products as CES wraps up

  The world’s largest consumer electronics show, CES, has officially wrapped up. And for the first time ever, it was completely online. Take a look at how the week went and some of the unique gadgetry you may have missed.

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White House blames slow vaccine rollout on states
January 4, 2021

White House blames slow vaccine rollout on states

The rollout of vaccines been much slower than initially expected in the U.S. The head of Operation Warp Speed blames individual states. But at least five U.S. states say they received less than half the doses they were allocated by Operation Warp Speed.

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Virus widening the gulf between Americans
June 4, 2020

Virus widening the gulf between Americans

Even before the COVID-19 pandemic, the U.S. was highly polarized. New surveys suggest the pandemic is widening the gulf, especially over the science driving the U.S. handling of the outbreak. CGTN’s Owen Fairclough has more.

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Experts warn of avoidable deaths linked to mental illness
June 4, 2020

Experts warn of avoidable deaths linked to mental illness

Thousands of people in the United States could die from alcoholism, drug abuse and suicide linked to the coronavirus. Mental health helplines have reported an uptick in people asking for support. Experts say there will also be a surge in avoidable deaths, if the country […]

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U.S. rental car company Hertz declares bankruptcy
June 2, 2020

U.S. rental car company Hertz declares bankruptcy

One of the biggest corporate casualties of the novel coronavirus pandemic is U.S. rental car company Hertz. It declared bankruptcy after travel came to a standstill and its debt burden became too much to bear. CGTN’s Karina Huber has more.

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