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China cuts standing lending facility interest rates

BEIJING, Sept. 27 (Xinhua) — China’s central bank on Friday reduced the standing lending facility (SLF) interest rates by 20 basis points from the July levels. The overnight, seven-day and one-month rates were lowered to 2.35 percent, 2.5 percent and…

Democracy in peril

WHO says the doctrine of necessity lies dead and buried? In the hands of the incumbent regime, it has merely taken another form. Consider how the government continues to overrule the judiciary with mala fide legislation while the nation is…

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