Today: October 15, 2024
Today: October 15, 2024

A plan to replenish the Colorado River could mean dry alfalfa fields. And many farmers are for it

California Colorado River Alfalfa
July 25, 2024
AMY TAXIN - AP

A plan to help shore up the depleted Colorado River by cutting off water to alfalfa fields in California's crop-rich Imperial Valley is finding support from the farmers who grow it.

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Malaysia eyes more subsidy cuts, new taxes in 2025 budget to boost finances

By Danial Azhar KUALA LUMPUR - Malaysia will likely introduce further subsidy cuts and new taxes as part of its budget for next year, analysts and economists said, as it looks to strengthen its fiscal

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Asia|Economy

Hong Kong policy address seen pivoting from security to economic growth

Hong Kong is expected to announce measures to boost the city's economy in its annual policy address on Wednesday, including slashing liquor tariffs, as it seeks

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BOJ to forgo another rate hike by year-end, say slim majority of economists: Reuters poll

The Bank of Japan (BOJ) will forgo raising interest rates again this year, according to a very slim majority of economists in a Reuters poll, although nearly 90%

BOJ to forgo another rate hike by year-end, say slim majority of economists: Reuters poll
Economy|Finance|World

IMF says global public debt to top $100 trillion, growth may accelerate

The world's total public debt is set to exceed $100 trillion this year for the first time, and may grow more quickly than forecast as political sentiment favors

IMF says global public debt to top $100 trillion, growth may accelerate
Asia|Business|Economy|Finance

China banks weigh trimming deposit rates as early as this week, Bloomberg News reports

Chinese banks are set to cut rates on 300 trillion yuan ($42.20 trillion) of deposits as soon as this week, Bloomberg News reported on Tuesday, citing people familiar with the matter.

China banks weigh trimming deposit rates as early as this week, Bloomberg News reports
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Stock market today: Asian shares are mostly higher after Wall St powers to more records

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European and US bonds rapidly diverge as economic wedge widens

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A key to Citi's regulatory woes: staff need skills 'enhancement'

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7-Eleven's turnaround plan requires heavy lifting to stop Couche-Tard's $47 billion takeover

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