Economic Crisis
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UK Investment Crisis Calls for Taxes and U-Turns
Britain is in a deep investment hole. Public expenditure is due to fall regardless of who wins next month’s election,…
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Canada Inflation Expected To Continue Easing In May.
Statistics Canada is set to release the top-tier Consumer Price Index (CPI) data for May on Tuesday at 12:30 GMT.…
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Financials Weigh On Indian Shares; Small, Mid-caps Fall
Indian shares fell onMonday, weighed downby financials, while some small- and mid-cap stocks slipped aftera report said the markets regulator…
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Bank of Japan June Meeting Summary Shows Members Agree High Costs Hurting Consumers.
Bank of Japan board members noted that high costs of living are hurting consumer spending but they appeared divided over…
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United States Housing Market Strains Under the Weight of Higher Rates and Prices..
Data out this week was largely tilted to the housing market, providing an update on where things stand in the…
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ECB Can Start Worrying About Growth, Not Inflation
Cutting rates? That was the easy part. As widely expected, the European Central Bank on Thursday lowered borrowing costs for…
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Saudi Arabia Set for $11.2 Billion Haul From Aramco Sale
The government is expected to sell almost 1.55 billion shares for 27.25 Saudi riyals ($7.27) apiece, people familiar with the…
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U.S. May Non-farm Payrolls Outlook: Government Employment Could Be Decisive
The U.S. Bureau of Labor Statistics will release the non-farm payroll report for May on June 7, EST. The significant…
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Pound Sterling Loses Ground After Euro-Zone Wages Data And BoE Talks
The latest Euro-Zone wages data triggered fresh doubts whether an April ECB interest rate cut was realistic and GBP/EUR lost…
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How Does A UK Recession Affect The Pound’s Fate?
Despite dropping its tightening bias at its February gathering, the Bank of England (BoE) maintained a more hawkish stance than…
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