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Venezuela's 'Default' Crisis Boosts 4000% Inflation

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Venezuela's 'Default' Crisis Boosts 4000% Inflation Bolivar value against dollar, one-27th of last year The Venezuelan economy, which is facing the default crisis, is suffering from hyperinflation of over 4000%. Prices have soared as difficulties in procuring essential commodities have been hampered by the flow of foreign currencies due to economic sanctions by the international community, including the United States. The credibility of domestic currency has fallen sharply. According to CNN, professor Steve Hanke, an economist at Johns Hopkins University, estimated that the price of Venezuela surged 4115% from a year ago. Venezuela 's surge in prices has intensified since the government refused to pay some foreign debt. There is a shortage of food and medicine in all parts of Venezuela now. In front of supermarkets and cash dispensers, there are long lines of people who want to buy necessities. Hanke's research results are lower than those of other s
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Volvo, Supplied 24,000 self-driving vehicles to Uber

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Volvo, Supplied 24,000 self-driving vehicles to Uber XC 90 models from 2019 ... "Total contract size is one billion dollars" Volvo Cars will supply 24,000 XC90 models as Uber's self-propelled vehicle, the world's largest vehicle-sharing company, according to the Wall Street Journal (WSJ). Volvo and Uber have signed the same contract but have not disclosed details. However, the contract is expected to be worth more than $ 1 billion, or about 4.5 trillion won, last year. Volvo will supply vehicles sequentially from 2019 to 2021, when Uber's autonomous service begins, the WSJ said. Software for vehicle calling and sharing services is also installed separately. Volvo has maintained a partnership with Uber, which promotes autonomous driving services. Uber is a Volvo XC90 vehicle and operates an autonomous pilot service in some areas. Uber tried to launch an autonomous service in San Francisco following Pittsburgh last December, but moved the location o
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Trump "Unemployment rate down 4% in term ... Next year's economic boom"

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Trump "Unemployment rate down 4% in term ... Next year's economic boom" US President Donald Trump said he would lower his unemployment rate to less than 4 percent in his term. Trump said in his Twitter account that "the unemployment rate will fall below 4 percent under President Trump." "Analysts are expecting an economic boom in 2018," he added. The media has interpreted it in connection with a situation in which his strong tax bill passes the House of Representatives last week and is about to vote in the Senate. The Trump government expects the Gross Domestic Product (GDP) of the United States to grow by 3-5% over the long term if tax cuts that lower the corporate income tax rate from the current 35% to 20% are implemented.
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Dad trying to keep a baby from coming

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Dad trying to keep a baby from coming The picture of cute Rat River photographed in China is a hot topic. When a woman approaches a dog with a cub, Golden Rat River, seen as a male, looks at a man's eyes and shuts his eyes. However, when the person did not leave, the daddy pulled the young and looked desperately trying to keep it. At the end of the video, Dad Rat River completely covered his cubs with his whole body. Rat River's desperate attempt to defend his baby's netizens responded that they were "sickened by people."
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Zimbabwe's Mugabe, ignoring deadline to retire ... The ruling party "discussing impeachment"

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Zimbabwe's Mugabe, ignoring deadline to retire ... The ruling party "discussing impeachment" "Mugabe, conditional resignation agreement" There is no official announcement yet Nigerian leaders begin "impeachment proceedings" now ... Ruling party's day (Cairo, 2007) - Robert Mugabe, the 37-year-old ruler of Zimbabwe, faced an impeachment crisis without publicly declaring his position in the ultimatum. Mugabe has not publicly announced his intention to resign at noon, according to Zimbabwean media, the BBC and the AFP. Zimbabwe's Zimbabwean African National Alliance Patriotic Front (ZANU-PF) has virtually ignored an ultimatum that it would push for impeachment if it does not retire by noon. US President George W. Bush has said he has agreed to resign, but no official announcement of his resignation has been made. As a result, the ruling party-led impeachment process is expected to start counting down. After the end of the deadli
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(Oil price) Conflict trading ahead of OPEC meeting at the end of the month

(Oil price) Conflict trading ahead of OPEC meeting at the end of the month SINGAPORE, Nov. 20 Traders are reluctant to take a new position ahead of the Organization of Petroleum Exporting Countries (OPEC) talks at the end of the month. As of 10:03 am, the Brent futures LCOc1 and US crude oil futures CLc1 are trading at $ 62.60 a barrel, down 0.32 percent, and $ 56.60 a barrel, up 0.1 percent. Traders say, "We are reluctant to take large new positions due to market uncertainty."
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China space launch road map announced ... "Nuclear-propelled space shuttle launches by 2040"

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China space launch road map announced ... "Nuclear-propelled space shuttle launches by 2040" China announced a "space development roadmap" that plans to complete the development of a nuclear-powered space shuttle by 2040 and to become a global leader in space technology by 2045. According to the China Public World Times and the China Times, the Chinese Hangchuan Science and Technology Group (CASC) published a report on the space development road map that includes these contents. The CASC said in the report that by 2045, the solar system planets, asteroids, and comets are developing space technology capable of large-scale exploration. China plans to develop a nuclear-powered space shuttle by 2040. The report also said that if a nuclear-powered space shuttle is developed, space solar power plants, as well as large-scale space development and asteroid resource exploration will be possible. To this end, the CASC said it plans to launch the "Longitud
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