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New US home sales pick up in March
New US home sales pick up in March
Economy
by  AFP

Sales of new homes across the United States increased sharply last month, according to fresh government data published Tuesday, though February's numbers were revised lower. "Home sales surprised to the upside in March," High Frequency Economics chief US economist Rubeela Farooqi wrote in a note to clients, adding: "The data can be volatile month-to-month and subject to revision."

EU parliament votes forced labour ban with China in its sights
EU parliament votes forced labour ban with China in its sights
Economy
by  AFP

EU lawmakers voted on Tuesday to ban products made using forced labour which supporters hope will be used to block goods from China, at the risk of raising tensions with Beijing. The law does not directly mention China, but many lawmakers hope it will be used to block imports from China involving the region where the Uyghur Muslim minority lives.