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Monthly Archives: November 2023

Europe at an impasse over fiscal reform — and Italy’s bond market could suffer

Italian Prime Minister Giorgia Meloni. Antonio Masiello | Getty Images News | Getty Images Italy could face yet more economic pressure as the European Union faces a standoff over new debt rules. The 27 member states of the EU have been at odds over new debt rules for several months. …

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China sets the tone on real estate, local government support

A Chinese flag flutters on top of the Great Hall of the People ahead of the opening ceremony of the Belt and Road Forum (BRF), to mark 10th anniversary of the Belt and Road Initiative, in Beijing, China October 18, 2023. Edgar Su | Reuters BEIJING — China signaled support …

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Sam Bankman-Fried has one more shot at avoiding prison as trial wraps

Sam Bankman-Fried, who pleaded not guilty to criminal fraud charges tied to the collapse of his crypto empire, has one last chance to get a Manhattan jury to believe him. After two days on the witness stand, Bankman-Fried is set to wrap up his testimony on Tuesday. All that’s left …

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Fed could hike interest rates two more times: Vanguard CIO Greg Davis

Vanguard’s Greg Davis believes the Federal Reserve is not done hiking interest rates. According to the firm’s chief investment officer, the central bank’s next move higher could happen before year’s end. “Our expectation is the Fed still has more activity to take place, potentially one to two more rate hikes …

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From hosting G20 to moon landing, Indians are ‘conquering the world’: Nita Ambani

After overtaking China to become the world’s most populous nation, India could also leapfrog its neighbor to also become the world’s second-largest economy by 2075. Peter Adams | Stone | Getty Images India has had some big moments this year and continues to take the world by storm as one …

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