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Xinhua Headlines: Xinhua's top 10 world news events in 2023

(231230) -- BEIJING, Dec. 30, 2023 (Xinhua) -- People queue up outside the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California, the United States, March 13, 2023. The SVB was closed on March 10 by regulators. Top 10 world news events in 2023 4. "De-risking" exacerbates global economic predicament In March, some Western politicians came up with the concept of "de-risking," extending the underlying logic of "decoupling" and the "small yard, high fence" doctrine. This goes against economic laws and historical development trends, essentially rejecting opportunities, cooperation, stability and development. Currently, the world economy faces multiple challenges which thwart the recovery process. The Federal Reserve's continued aggressive interest rate hikes have sharply increased risks in American and European banking sectors, leading to deteriorating global liquidity and rising default risks in emerging economies. The United States has been persistently advancing protectionist indust

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European Regulators Fine TikTok

The TikTok logo and the flag of the European Union, Hangzhou, Zhejiang province, China, September 17, 2023. On September 17, 2023, European regulators announced that TikTok has been fined 345 million euros for violating EU privacy laws regarding the handling of children's personal data.

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European Regulators Fine TikTok

The TikTok logo and the flag of the European Union, Hangzhou, Zhejiang province, China, September 17, 2023. On September 17, 2023, European regulators announced that TikTok has been fined 345 million euros for violating EU privacy laws regarding the handling of children's personal data.

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European Regulators Fine TikTok

The TikTok logo and the flag of the European Union, Hangzhou, Zhejiang province, China, September 17, 2023. On September 17, 2023, European regulators announced that TikTok has been fined 345 million euros for violating EU privacy laws regarding the handling of children's personal data.

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European Regulators Fine TikTok

The TikTok logo and the flag of the European Union, Hangzhou, Zhejiang province, China, September 17, 2023. On September 17, 2023, European regulators announced that TikTok has been fined 345 million euros for violating EU privacy laws regarding the handling of children's personal data.

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Fallout from collapse of U.S. banks causes more trouble in Europe

STORY: Fallout from collapse of U.S. banks causes more trouble in Europe DATELINE: March 16, 2023 LENGTH: 00:00:52 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of the banks in Rome 2. various of U.S. dollar and Euros STORYLINE: Banking giant Credit Suisse lost nearly a fourth of its value Wednesday, amid the growing fallout from the collapse of two regional banks in the United States. New York-based Signature Bank was shut down Sunday by state regulators, two days after California's Silicon Valley Bank (SVB) collapsed as depositors rushed to withdraw funds. Wednesday marked the second time in three trading sessions since the U.S. bank failures, that European financial stocks were severely battered. Nevertheless, the dramatic impact on Credit Suisse in trading Wednesday was largely unexpected, since the institution is so large. According to 2022 data from Insider Intelligence, Credit Suisse was the second-largest bank in Switzerland and the 17th-largest in Europe, with an estimated 730 billion

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Moderna to request FDA's approval for vaccinating children aged under 6

STORY: Moderna to request FDA's approval for vaccinating children aged under 6 DATELINE: March 24, 2022 LENGTH: 00:01:24 LOCATION: Washington D.C. CATEGORY: HEALTH SHOTLIST: 1. various of American biotechnology company Moderna related footage STORYLINE: American biotechnology company Moderna said Wednesday it will request the U.S. Food and Drug Administration (FDA) to grant emergency use authorization for its COVID-19 vaccine for children aged under 6. The company will submit the request to the FDA, as well as the European Medicines Agency and other global regulators "in the coming weeks," said the company in a statement. The submission was based on tests of its COVID-19 vaccine, known as mRNA-1273, in children aged 6 months to under 2 years, and 2 years to under 6 years. The interim analysis showed a robust neutralizing antibody response in both age groups after a 25 microgram two-dose primary series of mRNA-1273 along with a favorable safety profile, according to the company. In the study, vaccine ef

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TV Nova seat

Shareholders of Central European Media Enterprises (CME) approved the acquisition of the media company by PPF group of billionaire Petr Kellner at today's extraordinary general meeting, CME said on its website on Thursday, February 27, 2020. The deal is worth some USD2.1bn (over Kc48bn). CME runs TV stations in five countries in Central and Eastern Europe including the Czech private TV Nova (on the February 28, 2020 photo). Shareholders voted on the deal a day after US senator Marco Rubio said he wanted the US administration to review the national security implications of CME's sale. CME signed the contract with PPF's subsidiaries last October. The deal still needs an approval by the European Commission and regulators in some of the countries where CME has been operating. (CTK Photo/Katerina Sulova)

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TV Nova seat

Shareholders of Central European Media Enterprises (CME) approved the acquisition of the media company by PPF group of billionaire Petr Kellner at today's extraordinary general meeting, CME said on its website on Thursday, February 27, 2020. The deal is worth some USD2.1bn (over Kc48bn). CME runs TV stations in five countries in Central and Eastern Europe including the Czech private TV Nova (on the February 28, 2020 photo). Shareholders voted on the deal a day after US senator Marco Rubio said he wanted the US administration to review the national security implications of CME's sale. CME signed the contract with PPF's subsidiaries last October. The deal still needs an approval by the European Commission and regulators in some of the countries where CME has been operating. (CTK Photo/Katerina Sulova)

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TV Nova seat

Shareholders of Central European Media Enterprises (CME) approved the acquisition of the media company by PPF group of billionaire Petr Kellner at today's extraordinary general meeting, CME said on its website on Thursday, February 27, 2020. The deal is worth some USD2.1bn (over Kc48bn). CME runs TV stations in five countries in Central and Eastern Europe including the Czech private TV Nova (on the February 28, 2020 photo). Shareholders voted on the deal a day after US senator Marco Rubio said he wanted the US administration to review the national security implications of CME's sale. CME signed the contract with PPF's subsidiaries last October. The deal still needs an approval by the European Commission and regulators in some of the countries where CME has been operating. (CTK Photo/Katerina Sulova)

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TV Nova seat

Shareholders of Central European Media Enterprises (CME) approved the acquisition of the media company by PPF group of billionaire Petr Kellner at today's extraordinary general meeting, CME said on its website on Thursday, February 27, 2020. The deal is worth some USD2.1bn (over Kc48bn). CME runs TV stations in five countries in Central and Eastern Europe including the Czech private TV Nova (on the February 28, 2020 photo). Shareholders voted on the deal a day after US senator Marco Rubio said he wanted the US administration to review the national security implications of CME's sale. CME signed the contract with PPF's subsidiaries last October. The deal still needs an approval by the European Commission and regulators in some of the countries where CME has been operating. (CTK Photo/Katerina Sulova)