Tag #Economy

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allafrica.com

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Nov 8, 22:26

Ghana's Poverty Crisis: A World Bank Perspective

Analysis of World Bank's report on poverty in Ghana, highlighting the high cost of living and the need for government intervention.

Ghana's Poverty Crisis: A World Bank Perspective

Analysis of World Bank's report on poverty in Ghana, highlighting the high cost of living and the need for government intervention.

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What are the challenges of daily living for Ghanaians?

The high cost of living in Ghana makes it challenging for many to survive, even with the minimum wage, causing concern over the economic situation's impact on the vulnerable population.

cbsnews.com

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Nov 8, 22:29

Powell Defies Trump, Vows to Stay as Fed Chair

Federal Reserve Chair Jerome Powell asserts he won't resign if asked by President Trump, despite past criticism.

Powell Defies Trump, Vows to Stay as Fed Chair

Federal Reserve Chair Jerome Powell asserts he won't resign if asked by President Trump, despite past criticism.

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Will Jerome Powell resign if requested by President Trump?

Jerome Powell, the Federal Reserve Chair, stated that he will not resign even if President Trump requests it, asserting that the law prevents the president from removing him.

cbsnews.com

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Nov 8, 22:29

Fed Rate Cut: Good News for HELOC Borrowers

The Federal Reserve's rate cut positively impacts HELOC and home equity loan rates, but borrowers should understand the risks involved before utilizing their home equity.

Fed Rate Cut: Good News for HELOC Borrowers

The Federal Reserve's rate cut positively impacts HELOC and home equity loan rates, but borrowers should understand the risks involved before utilizing their home equity.

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How does the recent Fed rate cut impact HELOC interest rates?

The recent Fed rate cut is good news for HELOC interest rates because HELOC rates tend to follow the Fed more closely than other products. This means that as the Fed rate decreases, HELOC rates will likely decrease as well.

bbc.com

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Nov 7, 01:02

Trump's 2024 Victory: An Analysis

Analysis of Donald Trump's 2024 election victory, focusing on his appeal to the working class, handling of criminal charges, and effective political strategy.

Trump's 2024 Victory: An Analysis

Analysis of Donald Trump's 2024 election victory, focusing on his appeal to the working class, handling of criminal charges, and effective political strategy.

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What was Trump's main merit for this victory?

Trump's main merit was his ability to connect with the working class, particularly blue-collar and lower-income suburban white workers, by acknowledging the economic hardship caused by globalization and focusing on issues like immigration and economic growth.

lemonde.fr

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Nov 7, 01:02

CDI-FE Contract Extended Amidst Controversy

The French Parliament extends a controversial work-sharing contract, the CDI-FE, despite concerns from the temporary employment sector.

CDI-FE Contract Extended Amidst Controversy

The French Parliament extends a controversial work-sharing contract, the CDI-FE, despite concerns from the temporary employment sector.

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What is the CDI-FE and who is it intended for?

The CDI-FE, a "work-sharing" contract, allows employees to be hired by a specialized agency and placed with other companies for assignments. It aims to help those far from the job market, such as the long-term unemployed or seniors, gain employment.

tr.euronews.com

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Nov 7, 01:05

Trump's Policies Pose Major Risk to Ireland

Analysis of the potential impact of Donald Trump's economic policies, including proposed tariffs and corporate tax cuts, on the Irish and European economies.

Trump's Policies Pose Major Risk to Ireland

Analysis of the potential impact of Donald Trump's economic policies, including proposed tariffs and corporate tax cuts, on the Irish and European economies.

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How might Trump's proposed corporate tax cuts affect Ireland?

The potential decrease in corporate tax rates in the US to 15% could reduce Ireland's competitiveness as a location for US companies. This could lead to a shift in foreign direct investment away from Ireland.

abcnews.go.com

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Nov 8, 22:29

Habeck's Candidacy After German Coalition Collapse

German Economy Minister Robert Habeck announces candidacy for chancellor after the collapse of the ruling coalition, sparking discussions about an early election.

Habeck's Candidacy After German Coalition Collapse

German Economy Minister Robert Habeck announces candidacy for chancellor after the collapse of the ruling coalition, sparking discussions about an early election.

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Why did the Scholz coalition collapse?

The collapse of Scholz's coalition government was due to disagreements over economic revival strategies, leading to the firing of Finance Minister Christian Lindner and a potential early election.

cbsnews.com

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Nov 8, 22:29

HELOC Rates Plummet in 2024

HELOC interest rates have significantly dropped in 2024 due to Federal Reserve rate cuts, presenting a potentially advantageous borrowing opportunity compared to home equity loans. However, responsible borrowing is crucial to avoid jeopardizing home ownership.

HELOC Rates Plummet in 2024

HELOC interest rates have significantly dropped in 2024 due to Federal Reserve rate cuts, presenting a potentially advantageous borrowing opportunity compared to home equity loans. However, responsible borrowing is crucial to avoid jeopardizing home ownership.

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How much have HELOC interest rates dropped in 2024?

HELOC rates started 2024 at 10.16% but have since dropped to 8.70%, a decrease of almost 1.5 percentage points. Further decreases are expected as the Fed continues to cut interest rates.

cnn.com

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Nov 7, 01:02

Trump's Win: Stock Market Winners and Losers

Stock market reacts to Trump's projected win, with some sectors surging while others decline.

Trump's Win: Stock Market Winners and Losers

Stock market reacts to Trump's projected win, with some sectors surging while others decline.

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Which sectors experienced declines and why?

Conversely, retail and green energy stocks experienced declines due to concerns about potential tariffs and a shift away from green energy initiatives under a Trump presidency.

cnn.com

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Nov 7, 01:02

German Government Crisis: Finance Minister Fired

German Chancellor Scholz fires his finance minister, potentially triggering snap elections amid deep divisions within the ruling coalition over economic policy.

German Government Crisis: Finance Minister Fired

German Chancellor Scholz fires his finance minister, potentially triggering snap elections amid deep divisions within the ruling coalition over economic policy.

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What accusations were made by both Scholz and Lindner?

Scholz accused Lindner of prioritizing his party over the common good, lacking trust for future cooperation. Lindner countered by recommending early elections due to the budget impasse and Scholz's request to pause the debt brake.

fr.euronews.com

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Nov 7, 01:05

EU Job Losses and US Tariffs Threaten European Economy

A study predicts significant job losses in the European auto industry. US tariffs threaten further economic damage, particularly impacting the German automotive and steel sectors. Unresolved trade disputes and climate concerns add complexity.

EU Job Losses and US Tariffs Threaten European Economy

A study predicts significant job losses in the European auto industry. US tariffs threaten further economic damage, particularly impacting the German automotive and steel sectors. Unresolved trade disputes and climate concerns add complexity.

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What are the climate implications of the steel and aluminum tariff issue?

EUROFER highlights the importance of convincing the US president about the current climate goals, particularly in the interest of the US steel industry, as steel and aluminum production are significant carbon emitters.

ru.euronews.com

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Nov 7, 01:05

US Tariffs Threaten European Industries

Potential US tariffs threaten Europe's automotive and steel sectors, adding to existing industry challenges. Negotiations are ongoing, but the economic and environmental implications are significant.

US Tariffs Threaten European Industries

Potential US tariffs threaten Europe's automotive and steel sectors, adding to existing industry challenges. Negotiations are ongoing, but the economic and environmental implications are significant.

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What broader arguments are being raised in the context of these trade disputes?

Beyond economic concerns, the European Steel Association is emphasizing the importance of addressing climate goals in steel and aluminum production, urging the US to consider the environmental impact of its policies.

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