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The recent passing of a spending bill by the Republican-controlled U.S. House of Representatives has sparked controversy and debate among lawmakers. The bill, which funds a broad range of federal programs through the fiscal year, has faced opposition from within the Republican party itself. This article aims to provide a critical analysis of the key
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Australia’s economy experienced slow growth in the December quarter as household incomes were squeezed, resulting in a halt in consumer spending. This slowdown has reinforced speculations in the market that the next move in interest rates will be a decrease. Treasurer Jim Chalmers highlighted that high borrowing costs have effectively curbed demand, leading to a
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Canadian Prime Minister Justin Trudeau is facing mounting pressure as his polling numbers continue to decline due to rising cost-of-living pressures. Economists have stressed the importance of reining in government spending in order to bring down interest rates quickly and alleviate these economic challenges faced by Canadians. The government’s direct program expenses were expected to
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Monzo, a leading digital bank in the UK, recently secured a substantial investment of $430 million to reignite its expansion plans in the United States. This boost in funding, spearheaded by CapitalG, the venture arm of Alphabet, Google’s parent company, signifies a strategic move by Monzo to revive its presence in the American market. The
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