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Trump signs $2.2 trillion stimulus package

US President Donald Trump has signed a 2.2 trillion dollar stimulus package into law. It is designed to help people and companies affected by the spread of the coronavi

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Messi, Ronaldo, Neymar and Bale the world's best-paid footballers

Lionel Messi remains the best-paid footballer in the world, according to a France Football study. /VCG Lionel Messi, Cristiano Ronaldo and Neymar remain the three best-paid footballers in the

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Messi, Ronaldo, Neymar and Bale the world's best-paid footballers

Lionel Messi remains the best-paid footballer in the world, according to a France Football study. /VCG Lionel Messi, Cristiano Ronaldo and Neymar remain the three best-paid footballers in the

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Lyon temporarily suspend player salaries because of Ligue 1 lockout

Logo of Olympique Lyonnais of Ligue 1. /VCG Though Ligue 1 so far has no positive test results for COVID-19, France's top football league is not immune from the spreading pandemic, at least no

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UK to offer 330 bln pounds of loans to businesses as coronavirus outbreak escalates

The British government will provide 330 billion pounds (about 399 billion U.S. dollars) of loans to businesses to support firms to get through the difficult moments as the coronavirus outbreak esc

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China says payment of wages unaffected by COVID-19 outbreak

China's Vice Finance Minister Xu Hongcai on Thursday denied having difficulties paying wages amid the novel coronavirus outbreak in China.Speaking at a press conference, Xu said the overall situation

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Beijing population falls, per capita income rises in 2019

The number of permanent residents in Beijing saw a slight drop to about 21.54 million at the end of last year, 6,000 fewer than at the end of 2018, official data showe

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China helps sole traders fight economic impacts of COVID-19

VCG China has rolled out a series of plans to help individually-owned businesses get through the setback caused by the novel coronavirus outbreak, officials said at a press conference on Thurs

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Wages in Germany grow faster than consumer prices in 2019

The index of real wages in Germany rose by 1.2 percent on average in 2019, according to the Federal Statistical Office (Destatis) on Wednesday. Nominal wages in Germany increased by 2.6 percent year

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U.S. regional nonmanufacturing sector continues to expand in January: survey

Business activities in the nonmanufacturing sector in some eastern U.S. states continued to expand in January, a report by the Federal Reserve Bank of Philadelphia showed on Tuesday. The diffusion i

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U.S. Senate passes U.S.-Canada-Mexico trade deal

The U.S. Senate overwhelmingly approved the U.S.-Mexico-Canada trade agreement (USMCA) on Thursday, modernizing the 26-year-old North American Free Trade Agreement (NAFTA) that has been blamed for ho

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Russian State Duma approves Mikhail Mishustin for post of PM

The Russian State Duma, or the lower house of parliament, approved Mikhail Mishustin for the post of prime minister at a plenary meeting on Thursday. A total of 383 lawmakers voted in favor of Mishu

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China's procuratorial organs approve arrest of 1,599 for wage defaults

Procuratorial organs across China in 2019 approved the arrest of 1,599 suspects in criminal cases of wage defaults, up 10.6 percent year on year, the Supreme People's

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China's Ministry of Justice helps tackle unpaid wages of migrant workers

China's Ministry of Justice has advanced public legal services to help address unpaid wages of rural migrant workers as the peak season for claiming arrears, which is

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China to strengthen judgment enforcement in unpaid wages for migrant workers

Chinese courts will further strengthen the enforcement of court judgments with cases involving unpaid wages for rural migrant workers, according to China's Supreme People's Court (SPC) Tuesday. Ai

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Anger as World Bank suggests cutting worker rights and pay

TheWorldBankisproposinglowerminimumwagesandgreaterhiringandfiringpowersforemployersaspartofawide-rangingderegulationoflabourmarketsdeemednecessarytopreparecount

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How the American economy conspires to keep wages down

Theeconomyisgrowingbutourpaychecksarenot.That’sbecauseemployershave,overdecades,builtapoliticalapparatustoholddownpayExpandingeconomy,stagnantwages:‘Tocallitaco