China Makes Concessions in Call for Talks
China is proposing to resume tests of processes by which U.S. regulators would audit some of its most sensitive companies.
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With the new budget that was unveiled last week, Canada is fresh off its third consecutive year of trade surpluses. One major reason for the nation’s favorable trade balance is the low value of the Canadian dollar relative to other currencies. The U.S. dollar and Canadian dollar were nearly at parity in 2012, but when global commodities markets took a nosedive, major producers like Canada were hit hard. As demand slowed for the energy-heavy exports that Canada provides the rest of the world, the value of the Canadian dollar, or “loonie,” also slipped.
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China is proposing to resume tests of processes by which U.S. regulators would audit some of its most sensitive companies.
The latest economic research from Atradius suggests global GDP may recover rapidly in 2021—but only if some key assumptions are met.
The pause for foreclosures and for applications for mortgage payment forbearance runs through June 30.
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