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Could copper tariff hurt US more than Chile?
Could copper tariff hurt US more than Chile?
by  AFP

Chile, the world's biggest copper producer, is hoping for a last-minute deal to stop the United States from imposing a 50-percent import tariff on the red metal. - Impact on the US - The United States imports about 45 percent of the copper it needs for industrial use, according to the US Geological Survey, a government agency.

Stablecoins inspire hope, and hype, in Hong Kong
Stablecoins inspire hope, and hype, in Hong Kong
by  AFP

Stablecoin excitement has gripped Hong Kong as the city prepares to launch a licensing system for the less volatile type of cryptocurrency, but authorities warn against overplaying its future role in financial systems. "Some discussion on stablecoins may be overly idealistic," Yue warned, especially around their "potential to disrupt the mainstream financial system".

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