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According to Interfax news agency, Russian President Vladimir Putin stated that Russia and Myanmar are discussing the construction of an oil refinery.

2026-08-18

According to Interfax news agency, Russian President Vladimir Putin stated that Russia and Myanmar are discussing the construction of an oil refinery.

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2026-08-18

CHINA'S LI signed a State Council order promulgating amendments to the Housing Provident Fund Management Regulations, effective Sept 20, 2026. Amendments strengthen risk controls: the Ministry of Housing and Urban‑Rural Development will define public

CHINA'S LI signed a State Council order promulgating amendments to the Housing Provident Fund Management Regulations, effective Sept 20, 2026. Amendments strengthen risk controls: the Ministry of Housing and Urban‑Rural Development will define public credit information for the provident fund sector; provident fund management centers must build comprehensive, accurate credit records and integrate them into the national credit information sharing platform; the rules specify legal liabilities for fraudulent withdrawals or obtain provident funds loans using forged or fraudulent documents. The revisions expand coverage by clarifying that individual business owners, part‑time workers and other flexible‑employment workers may voluntarily contribute to the housing provider fund and, as prescribed, receive corresponding policy support.
2026-08-18

U.S. federal debt could breach $40.0 trillion this week, months earlier than previously projected, the Washington Post reports. The overturning of Trump-era tariffs has cost the Treasury billions in revenue, prompting accelerated borrowing to fund go

U.S. federal debt could breach $40.0 trillion this week, months earlier than previously projected, the Washington Post reports. The overturning of Trump-era tariffs has cost the Treasury billions in revenue, prompting accelerated borrowing to fund government outlays. Six months ago the CBO forecast fiscal-year debt at $39.4 trillion; Treasury data on Monday showed debt at $39.9 trillion and still rising. Faster accumulation could bring forward the deadline to raise the statutory debt limit — set at $41.1 trillion last year — and budget analysts say borrowing may hit that cap in early next year, forcing Congress to suspend or raise the limit to avoid default risk.
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