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US multinationals grapple with soaring dollar

The rapid rise of the U.S. dollar since the start of the year is a double-edged sword for American multinational companies, pushing some of them to decide whether to hedge or reposition their activities abroad to avoid fallout.    

For an importer, the surge in the greenback against the euro, yen or British pound is a plus, because it makes the products they buy cheaper.  

Ministry unveils weekly COVID data

A total of 7,556 COVID-19 cases were reported in Turkey between June 6 and 12, the Health Ministry said in its weekly coronavirus statistics. 

Health Minister Fahrettin Koca had previously announced that the ministry would stop publishing daily statistics after the number of cases started to decline.

COVID-19 in Bulgaria: 669 New Cases and Why the country is Destroying Vaccines for Millions

Another 669 people have been infected with coronavirus in Bulgaria in the last 24 hours, according to the Unified Information Portal. Of these, 65.47 percent have not been vaccinated.

The cases yesterday were 895.

Six people died, and 83.33 percent of those who died were not vaccinated.

China’s health system faces raft of challenges as Omicron hits

China is battling its biggest spike in coronavirus cases since the start of the pandemic, with millions under lockdown and the healthcare system feeling the pressure.

One of the last countries sticking to a zero-Covid strategy, China aims to stamp out every infection with strict lockdowns and by sending all cases to secure facilities.

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