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Finance & Markets

China Extends Pause on 24% US Tariffs to January, Keeps 10% Rate

China will suspend an additional 24% tariff on US goods for another two months, formalizing a decision by the two countries’ leaders to prolong their trade truce until next January.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Kenya: Paying to Work - Bribery and the Earnings of Kenya's Informal Workers

[African Arguments] For many informal workers in Kenya, earning a living also means paying for the right to do so. A motorbike taxi rider, a hawker or a small trader may be asked for money by a police…

  • Informal workers in Kenya pay up to 20% of daily earnings as bribes
  • Motorbike taxi riders, hawkers, and small traders most affected
  • Corruption reduces GDP potential by 22.3% by 2035

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