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The recent rise in support for far-right and leftist parties in France has created political uncertainty ahead of the country’s surprise parliamentary election. With Marine Le Pen’s far-right National Rally party leading in opinion polls and a newly formed leftist alliance gaining momentum, President Emmanuel Macron’s centrist administration is facing increasing pressure. As these parties
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In a market marked by concerns over concentration risk, Avantis Investors chief investment strategist, Phil McInnis, proposes a unique and diversified approach to investing. Rather than relying solely on index funds like the S&P 500, McInnis advocates for a strategy that focuses on value-oriented investments. According to McInnis, this strategy involves making smaller bets on
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Brazil’s President Luiz Inacio Lula da Silva expressed his willingness to review Finance Minister Fernando Haddad’s spending cut recommendations. However, he made it clear that any fiscal adjustments would not come at the expense of the poor. Lula emphasized the need to avoid unnecessary spending while facing pressure from investors to reduce expenditures and balance
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Indonesia’s President-elect, Prabowo Subianto, has recently faced backlash over reports suggesting he plans to increase the country’s public debt to 50% of GDP. However, a senior aide has clarified that there is no such plan in place. Thomas Djiwandono, who is responsible for fiscal discussions, stated that Prabowo has not set a target for debt
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In a recent statement, French Finance Minister Bruno Le Maire cautioned that France could potentially face a financial crisis if the far-right political party were to win upcoming snap elections. This warning comes in light of the popularity of Marine Le Pen’s eurosceptic National Rally (RN) party, which has been gaining momentum and support, especially
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Shareholders of Tesla recently approved CEO Elon Musk’s $56 billion pay package, demonstrating their confidence in his leadership and vision for the company. Despite facing opposition from some large institutional investors, Musk garnered strong support from retail investors, solidifying his position at the helm of Tesla. Following the approval of Musk’s pay package, Tesla’s stock
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