Welcome to TheFinpol

TheFinPol strives to become the leading source of financial and political news. Founded in 2019, the news platform is already growing at a fast pace.

The financial world and politics are tightly interconnected and deserve a separate stage. TheFinPol was launched amid the US-China trade conflict, Brexit uncertainty, and Donald Trump’s scandals. We hope that investors, who want to gain an in-depth understanding of how the political changes affect the markets, will find this source helpful.

TheFinPol relies on an experienced team of financial journalists who previously covered the stock markets, cryptocurrencies, and the foreign exchange market. They have first-hand knowledge of the intricacies of the financial and political fields.

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Latest news

Biden Criticizes Trump for His Celebration of Surprisingly Positive Jobs Report

Biden Criticizes Trump for His Celebration of Surprisingly Positive Jobs Report

Joe Biden, the Democratic White House candidate, expressed his disagreement with President Donald Trump’s premature celebration of the j...

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Trump Threatens to Use Military Against Protesters

Trump Threatens to Use Military Against Protesters

US riots continue in major cities across the country. On Monday, President Donald Trump hinted that he might use federal troops to end the ...

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Fed Chief Warns That Second Wave of Coronavirus Might Halt Recovery

Fed Chief Warns That Second Wave of Coronavirus Might Halt Recovery

Jerome Powell, chairman of the US Federal Reserve, said that a second wave of coronavirus infections might hinder the recovery from the dee...

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US Accuses North Korean State Owned Bank of Evading Sanctions

US Accuses North Korean State Owned Bank of Evading Sanctions

The US Justice Department charged North Korea’s state-owned bank of avoiding sanctions laws imposed by Washington. It took action against...

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Australian PM Seeks to Conciliate Employers with Workers

Australian PM Seeks to Conciliate Employers with Workers

Australian Prime Minister Scott Morrison called for a truce between companies and workers in an effort to support the economy. Even though ...

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Britain Sees Worst Recession in Centuries, BoE Still Avoids Negative Rates

Britain Sees Worst Recession in Centuries, BoE Still Avoids Negative Rates

The UK is going through the deepest economic recession in centuries, but even that might not be enough to force the Bank of England to ado...

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France, Germany Call for 500B Euro Recovery Fund

France, Germany Call for 500B Euro Recovery Fund

Earlier this week, France and Germany jointly proposed a 500 billion euro Recovery Fund to address the impact of the COVID pandemic. The f...

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Beijing Calls on US to Stop “Suppression” of Huawei

Beijing Calls on US to Stop “Suppression” of Huawei

China’s foreign ministry said that the US had to end the “unreasonable suppression” of Chinese firms like Huawei. Separately, a Chine...

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Trump Warns to Impose New Taxes on Local Firms Producing Outside US

Trump Warns to Impose New Taxes on Local Firms Producing Outside US

US President Donald Trump said that he was ready to impose new taxes on local manufacturers that produce goods outside the US. This move i...

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EU Launches Legal Actions Against Luxembourg Over Tax Avoidance, Money Laundering

EU Launches Legal Actions Against Luxembourg Over Tax Avoidance, Money Laundering

The European Commission (EC) is starting legal actions against Luxembourg on Thursday. The European body charges the Luxembourg government ...

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Chinese Investment in the US Drops to Lowest in Over 10 Years

Chinese Investment in the US Drops to Lowest in Over 10 Years

Chinese investment in the US declined to $5 billion last year, down from 2018 and the lowest level since the global financial crisis in 20...

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Trump Spoke by Phone with Saudi King to Ease Tensions

Trump Spoke by Phone with Saudi King to Ease Tensions

US President Donald Trump had a phone conversation with King Salman of Saudi Arabia on Friday. The White House said that the president “r...

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US Chamber of Commerce Urges Britain to Strike Deal with EU

US Chamber of Commerce Urges Britain to Strike Deal with EU

The US Chamber of Commerce urged the UK to reach a trade agreement with the European Union as soon as possible. This would help Britain add...

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US Should Cut Tariffs on COVID-Related Goods, Congressman Says

US Should Cut Tariffs on COVID-Related Goods, Congressman Says

The US government should cut all tariffs on goods needed to fight the COVID-19 pandemic for a period of three months, House Ways and Means ...

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Germany Anticipates Record Recession in 2020

Germany Anticipates Record Recession in 2020

Germany’s Economy Minister Peter Altmaier said on Wednesday that the COVID pandemic would cause the deepest recession since World War Two...

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Bank of Japan Expects COVID to Cause Huge Damage

Bank of Japan Expects COVID to Cause Huge Damage

Bank of Japan Governor Haruhiko Kuroda said on Tuesday that the coronavirus pandemic would cause massive damage to the global economy and ...

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US House Committee Investigates Trump’s Decision to Cut WHO Funding

US House Committee Investigates Trump’s Decision to Cut WHO Funding

The US House of Representatives Foreign Affairs Committee initiated an investigation on President Donald Trump’s decision to end the fund...

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Fed’s Balance Sheet Hits Record $6.62 Trillion

Fed’s Balance Sheet Hits Record $6.62 Trillion

The balance sheet of the US Federal Reverse (Fed) hit a record $6.62 trillion this week as the central bank is pumping money to stimulate ...

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Air Travel Might Reopen with New Social Distancing Rules, EC Says

Air Travel Might Reopen with New Social Distancing Rules, EC Says

The European Commission (EC) will release a series of new rules for the safe restart of air travel when the COVID-related lockdowns are li...

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Russia Increases Debt Ceiling to Fight Potential Coronavirus Crisis

Russia Increases Debt Ceiling to Fight Potential Coronavirus Crisis

Russia intends to sell as many bonds as possible this year to deal with the coronavirus crisis but the move will not be extended at any pr...

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Macron Warns that EU Might Collapse if Common Fund Is Not Created Now

Macron Warns that EU Might Collapse if Common Fund Is Not Created Now

French President Emmanuel Macron warned that the European Union might collapse as a “political project” if it doesn’t support affecte...

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US Fed Unleashes Another $2.3 Trillion to Support Local Governments, Businesses

US Fed Unleashes Another $2.3 Trillion to Support Local Governments, Businesses

The US Federal Reserve (Fed) announced on April 9 a $2.3 trillion stimulus plan to help local governments and support small and medium-siz...

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Brexit: UK Is Officially Leaving the European Bloc

Brexit: UK Is Officially Leaving the European Bloc

The UK is officially leaving the European Union (EU) on Friday, after three years of debates and internal political fights. This is Britai...

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ECB Official Criticizes the Bank’s Ultra Low Policy

ECB Official Criticizes the Bank’s Ultra Low Policy

The European Central Bank’s (ECB) ultra-easy monetary policy might hurt the economy in the long term, according to ECB board member Yves...

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Coronavirus Outbreak Puts Pressure on China’s Economy

Coronavirus Outbreak Puts Pressure on China’s Economy

China is struggling with an outbreak of a new coronavirus type that has already killed 81 people and spread to several countries across th...

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European Leaders Somewhat Optimistic About Trade Deal with Post-Brexit UK

European Leaders Somewhat Optimistic About Trade Deal with Post-Brexit UK

French Finance Minister Burno Le Maire stated on Thursday that the trade deal with the UK should not result in a weaker European single ma...

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Trump Warned the US Might Impose Massive Tariffs on Car Imports from EU

Trump Warned the US Might Impose Massive Tariffs on Car Imports from EU

US President Donald Trump threatened to introduce high tariffs on imports of autos from the European Union if the latter doesn’t agree t...

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IMF Cuts Global Economic Outlook

IMF Cuts Global Economic Outlook

The International Monetary Fund (IMF) presented its outlook for 2020, saying that the global economy will strengthen this year, though at ...

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US Senate Approves Updated North American Trade Deal

US Senate Approves Updated North American Trade Deal

On Thursday, the US Senate approved the updated North American Free Trade Agreement that introduces stricter rules on several sectors, lik...

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Putin Proposes Constitutional Changes to Maintain Power

Putin Proposes Constitutional Changes to Maintain Power

Russia has experienced a major reshuffle, with Prime Minister Dmitry Medvedev’s second cabinet stepping down and leaving room for the ne...

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BoE Policymakers Pondering First Rate Cut Since 2016

BoE Policymakers Pondering First Rate Cut Since 2016

Gertjan Vlieghe, a member of Bank of England’s (BoE) Monetary Policy Committee (MPC), said yesterday that he would vote for a cut in the...

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IMF to Close Office in Athens

IMF to Close Office in Athens

The International Monetary Fund (IMF) will close its Athens office, Greek Prime Minister Kyriakos Mitsotakis announced on Tuesday after me...

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UK Businesses Worried About Brexit Implementation Deadline

UK Businesses Worried About Brexit Implementation Deadline

British companies hope that UK Prime Minister Boris Johnson’s trade deal with the European Union won’t allow any economic disruptions,...

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Israel Notes Record Number of Tourists in 2019

Israel Notes Record Number of Tourists in 2019

Israel was visited by a record number of tourists last year. However, the tourism ministry said on Monday that growth would decelerate in ...

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Australia’s Fires Hit Local Businesses

Australia’s Fires Hit Local Businesses

Australia’s wildfires continue, and local firms are reporting serious damages to their businesses. Resorts are shutting down, cheesemake...

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Former Nissan Boss Meets With Lebanon President After Escaping Japan

Former Nissan Boss Meets With Lebanon President After Escaping Japan

Former Nissan CEO Carlos Ghosn escaped from home arrest in Japan and ran in Lebanon, where he reportedly met with the country’s presiden...

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Trump Announces Signing Ceremony for Trade Deal with China

Trump Announces Signing Ceremony for Trade Deal with China

US President Donald Trump said on Christmas Eve that he and Chinese President Xi Jinping would take part in a signing ceremony to ink the ...

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Andrew Bailey to Become Next BoE Governor

Andrew Bailey to Become Next BoE Governor

Andrew Bailey will replace Mark Carney and become the next Governor of the Bank of England (BoE). He will make the switch just as the UK i...

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Japan, South Korea Restart Trade Talks

Japan, South Korea Restart Trade Talks

Japan and South Korean senior trade representatives had their first meeting in over three years on Monday, December 16. The relationship b...

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US, China to Ink Historic Phase One Trade Deal

US, China to Ink Historic Phase One Trade Deal

The US and China finally cooled their trade conflict that has lasted for 16 months. The world’s two biggest economies agreed to ink a ...

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UK PM Boris Johnson Wins Impressive Victory to “Get Brexit Done”

UK PM Boris Johnson Wins Impressive Victory to “Get Brexit Done”

Prime Minister Boris Johnson’s Conservative Party won an impressive victory on Thursday, which might end the Brexit uncertainty that has...

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10% of Hong Kong Retailers to Shut Down Because of Protests

10% of Hong Kong Retailers to Shut Down Because of Protests

Over 10% of retailers operating in Hong Kong might close down by the end of the first quarter of next year, as violent protests and social...

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Bank of Canada Governor Stephen Poloz to Leave the Bank in June

Bank of Canada Governor Stephen Poloz to Leave the Bank in June

Bank of Canada (BoC) Governor Stephen Poloz won’t seek a second term in June 2020, meaning that he will leave the central bank in severa...

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US Must Cut Tariffs, China’s Commerce Ministry Says

US Must Cut Tariffs, China’s Commerce Ministry Says

China insists that the US has to give up on some tariffs before reaching the “phase one” trade deal. On Thursday, Gao Feng, the spokes...

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Trump Thinking About US Location to Sign Trade Deal with China

Trump Thinking About US Location to Sign Trade Deal with China

US President Donald Trump hinted that he might sign the trade agreement with China in Iowa, though more US locations are currently in revi...

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Ukrainian President Condemns Denmark’s Decision to Approve Nord Stream 2

Ukrainian President Condemns Denmark’s Decision to Approve Nord Stream 2

Ukrainian President Volodymyr Zelenskiy said Thursday that Denmark’s decision to endorse the Nord Stream 2 pipeline strengthens Russia ...

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UK PM’s Brexit Deal Could Slash 3.5% of GDP Per Year

UK PM’s Brexit Deal Could Slash 3.5% of GDP Per Year

The Brexit deal agreed between UK Prime Minister Boris Johnson and European leaders could leave the British economy 3.5% smaller every sin...

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