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New Delhi: Indian rupee at an all-time low, inflation highest in over 4 decades, oil prices at unprecedented highs. We all have read similar headlines in the past few months. The frequency of such headlines has gone up exponentially since the inception of the Russia-Ukraine war. Even if this might sound gibberish to us, all...
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Bulls eye a run towards 1.2500 for the sessions ahead. US dollar is under pressure as it breaks structure.   where there is a price imbalance, PI, on a 4-hour perspective on the way there that guards an order block, OB, above it.  At 1.2292, GBP/USD is up 0.16% as the US dollar falls away below...
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USA finance and payments live updates: mortgage rates, Bitcoin prices, S.S. disability, unemployment benefits.  AS USA Read more…
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President Emmanuel Macron of France, second from left; Chancellor Olaf Scholz of Germany, center; and Prime Minister Mario Draghi of Italy, right, in Kyiv on June 16.Credit…Viacheslav Ratynskyi/Reuters Before Russia invaded Ukraine, this year’s Group of 7 summit was supposed to provide an opportunity to change gears from typical geopolitics and finance, and focus on...
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President Joe Biden touched down in Germany on Saturday, where he will attend the G-7 summit with the leaders of key U.S. allies to discuss their united front against Russia and troubling weakness in the world economy. Biden flew from Washington to Munich, then boarded the Marine One helicopter for the short flight to the...
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Believe it or not, the U.S. dollar has strengthened against many foreign currencies this year. Yes, the dollar has lost purchasing power in the face of inflation but has actually gained ground relative to other currencies. The upshot: Summer travelers heading overseas could enjoy a discount on everything from hotel rooms to croissants. The caveats: The...
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Experts of the International Monetary Fund (IMF) think that there are significant downside risks for the US economy this year and especially next year, IMF Managing Director Kristalina Georgieva said presenting the annual report on the state of the American economy in Washington, Trend reports citing TASS. “We see very significant downside risks [in the...
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WASHINGTON — Four months into the war in Ukraine, the countries aligned against Russia face growing economic pain even as sanctions and energy embargoes are showing little impact on Russian President Vladimir V. Putin’s military campaign or his political standing at home. U.S. officials vowed that Russia’s financial system would be battered if it attacked...
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A barge makes way down the Hudson River near sunset past the skyline of the west side of Manhattan during very cold weather in New York, U.S., January 11, 2022. REUTERS/Mike Segar Register now for FREE unlimited access to Reuters.com Register June 24 (Reuters) – Ratings agency Moody’s on Friday affirmed United States’ rating at...
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German Chancellor Olaf Scholz speaks at the presentation of the new German postage stamp featuring the upcoming G7 summit on June 15, 2022 in Berlin, Germany. Sean Gallup/Getty Images Rarely have the stakes for a Group of Seven summit been so sky-high and the expectations for success so deep in the mud. Even the agenda...
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