China’s industrial profits fell by 10% in October compared to a year ago, marking the third consecutive month of decline. This drop follows a 27.1% decrease in September, the sharpest decline since March 2020. Industrial profits are a crucial indicator of the financial well-being of factories, mines, and utilities in China, with profits down by 4.3% in the first ten months of the year compared to the same period last year, according to the National Bureau of Statistics.
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Trump wants to emulate Putin and govern US in ‘a similar fashion’, his former national security adviser says | US News
Donald Trump's former national security adviser, Fiona Hill, stated that Trump seeks to emulate Vladimir Putin by governing the U.S. in a similar top-down manner, emphasizing a hyper-personalized presidency without checks and balances. Hill noted that Trump desires to normalize U.S.-Russia relations and has shown interest in reducing U.S. support for Ukraine, urging European nations to take more responsibility for their security. This follows Trump's claim that a deal to end Russia's war in Ukraine...
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