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World Markets Watchlist: June 17, 2024

World Markets Watchlist: June 17, 2024

Our Global Markets Watchlist tracks eight prominent indices from economies around the world. The list includes the S&P 500 from the United States, FTSE 100 from England, the DAXK From Germany, CAC 40 from France, Nikkei 225 from Japan, Shanghai from China, Hang Seng from Hong Kong and BSE SEX from India. All eight indexes…

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Employment

Modi 3.0 and employment – Opinion News

By Biswajit Dhar For the past decade, the Bharatiya Janata Party (BJP) enjoyed an absolute majority in the Lok Sabha, India’s lower house of parliament. This time, it has fallen too far from that point. His reduced numbers likely reflect his failure during previous terms to address the economic distress of a significant section of…

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Brazil's Central Bank faces a self-inflicted crisis over interest rates and inflation forecasts

Brazil’s Central Bank faces a self-inflicted crisis over interest rates and inflation forecasts

(Bloomberg) — Brazil’s central bank is facing a self-created emergency that threatens to sabotage years of nimble policymaking and credibility gains. Most Read by Bloomberg Inflation forecasts are above the 3% target for the foreseeable future and confidence is collapsing as markets question whether the central bank – or the presidency – is commanding monetary…

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Gen X is less confident about retirement as 'crunch time' approaches - and has done less to prepare than boomers or millennials

Gen X is less confident about retirement as ‘crunch time’ approaches – and has done less to prepare than boomers or millennials

The group once derided as the “slacker generation” is about to start retiring, and many Gen Xers aren’t feeling so optimistic about it since they haven’t done much to prepare. Only 62% of Gen Xers feel confident about “being able to financially support all the things they want to do in life,” according to Allianz…

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Growth in China's retail sales hints at economic rebalancing - Asia Times

Growth in China’s retail sales hints at economic rebalancing – Asia Times

China’s latest economic data paint a mixed but promising picture of its ongoing and emerging economic recovery. While industrial expansion showed signs of slowing in May, retail spending rose in past forecasts, suggesting a possible easing of deep imbalances that have long plagued China’s economy. This development shows that the government’s efforts to boost consumption…

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