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Amazon’s rise over the past few years has been absolutely fascinating to watch. The company is now being discussed along the lines of Apple and Google and Microsoft in terms of its new-found power in the tech industry. Its market value keeps growing and growing.

America needs to stop living beyond its means. The only way to improve the US current account and trade balance is to: (a) get Americans to save a higher percentage of their incomes and/or (b) reduce government budget deficits.

Amazon’s partnerships with traditional retailers are the latest example of the company blurring the line between online retail and brick-and-mortar shopping. In addition to new delivery services, Amazon is also opening its own physical bookstores and grocery stores.

Amid uncertain prospecst of the pandemic, a steep fall in oil prices and global financial market turbulence, emerging markets are facing record-high capital outflows. Many heavily-indebted countries found it harder to service their debts, and have applied for assistance from the IMF. Some developing countries have limited policy capacity to cope with the health crisis, and they need more support from the international community, Zhu added.

Amid a broad effort to discredit Special Counsel Robert Mueller and the FBI, Trump and his allies have accused law enforcement officials of spying on his campaign and called for an investigation into the origins of the Mueller probe, which started at the FBI in mid-2016.