Charting the Global Economy: UK Labour Party Wins in Landslide

Bloomberg News

Charting the Global Economy: UK Labour Party Wins in Landslide
Labour PartyEconomic ChallengesInflation
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(Bloomberg) -- The Labour Party won a landslide victory in the UK election after the Conservatives imploded following 14 years of rule that became defined by...

-- The Labour Party won a landslide victory in the UK election after the Conservatives imploded following 14 years of rule that became defined by turmoil.Trump Distances Bid From Second-Term Agenda Pushed by Allies

Euro-zone inflation slowed in June — adding to evidence that price pressures are gradually moving toward the European Central Bank’s 2% target. Consumer prices rose an annualized 2.5% after rising at a 2.6% pace a month earlier.Hiring and wage growth stepped down in June while the jobless rate rose to the highest since late 2021, bolstering prospects that the Federal Reserve will begin cutting interest rates in coming months.

Japan’s tax revenues reached another record in the fiscal year ended in March, a positive outcome partly driven by the weak yen and sticky inflation. Even with the revenue gains, Japan’s fiscal plight is severe. It shoulders the heaviest public debt burden among developed nationsPeru’s annual inflation accelerated moderately in June in line with economists’ expectations while remaining within the central bank’s target range.

Norway is building a grain stockpile to prepare for a potential crisis. The move resonates beyond domestic politics, pointing to a deeper anxiety over food. Governments around the world are fretting over securing supplies for growing populations. In recent years, supply chains have been hit by shocks such as the Covid pandemic, Russia’s war in Ukraine, crop-export bans, shipping disruptions and erratic weather.

It comes just days after Biden's debate with former President Donald Trump, which was marked by verbal gaffes and confusing statements.The maximum CPP payout for a 70-year-old starting a pension in 2024 is $1,937.73. But how can you receive the maximum CPP payout? The post Want the $1,937.73 Maximum CPP Benefit? Here’s the Salary You Need appeared first on The Motley Fool Canada.

NATO's Allied Maritime Command released photos Wednesday after a Portuguese P-3 Maritime Patrol Aircraft found a Russian submarine in the Baltic Sea.Barrett sought middle ground in Trump immunity case. This time Roberts said no

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Labour Party Economic Challenges Inflation

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