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Our news website offers everything that you need to know about the world today. We are known for providing credible news. We have correspondents ready to cover the hottest news both locally and internationally. With our experts, we also provide unbiased opinion on different pressing topics in politics, economics, and world affairs.

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How China Takes Advantage of Economies Through Debts

China has been making a move towards other countries’ economies via debts. How exactly does it happen? Investments in form of debts with high-interest rates are putting third world countries at risk of losing their sovereignty. Philippine president Rodrigo Duterte has been on his quest to build infrastructure in the country in order to boost the national economy. Unfortunately, a lot of experts are warning Duterte when it comes to getting debts from China. While The Philippines is dealing with China funding their projects, it could potentially affect The Philippines negatively once it is time to pay the loan back in the coming years.

China and Its Expansion in South East Asia

China has been expanding its territory over the years. Different countries have taken different measures in stopping China on its track to claim their territories. Unfortunately, ASEAN countries have been harassed by China by flexing its naval fleet. The Philippines and Vietnam are among countries that have become victim of China’s aggressive expansion in the South China Sea.

How exactly can China be stopped? Is China really serious about going towards military action if it can’t get the disputed areas? A lot of South East Asian countries have been using diplomatic solutions in order to shame China into what it is doing. In fact, Philippines won its case against China in the international arbitration tribunal based in Hague, The Netherlands.

The Rise of Amazon’s Jeff Bezos

Jeff Bezos for a short period of time overtakes Bill Gates as the richest man in the world. Jeff Bezos is the CEO of Amazon. Jeff Bezos, during the time that he eclipsed Bill Gates’ wealth, had $91.4 billion.  Amazon started as a text-based website that sells books. Over the years, it has grown into what it is now.

Last year alone, Amazon had sales of $136 billion. According to studies, Amazon has the 43% share of all online retail sales. At age 53, Bezos owns 17% of Amazon. According to experts, for every 1% rise in the value of Amazon, Jeff Bezos’ worth goes up by $1 billion.

Is CryptocurrencyThe Safe Haven In Today’s Crisis?

There are a lot of individuals today becoming interested in cryptocurrencies mainly Bitcoin and other popular altcoins such as Litecoin and Etherium. For a lot of people, it is now becoming more relevant especially now that there are countries that are going up against each other. When you have political and economic crisis, cryptocurrencies can become a good option because it is decentralized in nature. This means that it is not tied to any central bank. In fact, Bitcoin has exceeded the $4,000 mark this 2017. Does it mean that Bitcoin is here to stay?

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