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President Lula's economic team is preparing to send proposals to Congress by next week aimed at showing investors how his government intends to meet fiscal targets in the coming years, according to people familiar with the matter.
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Productivity For The Few: Morgan Stanley Finds Only A Dozen AI-Heavy Industries Now Generate 83% Of US Productivity Growth
Pretty incredible the bond market completely fell out of bed today with hot CPI and super hawkish Fed speak.. and $RSP is green
Progmat brings Japan’s state debt a step closer to Canton Network Progmat (@progmat_en) has signed an MOU with Digital Asset (@digitalasset), the company behind @CantonNetwork ($CC). The two plan to connect Progmat’s platform to Canton as trading and settlement rails for tokenized Japanese Government Bonds. A working group of more than 68 organizations will test short-term bond loans (repos) on a Canton sandbox, settled with tokenized deposits and stablecoins. The tokens remain tied to Japan’s official bond register, preserving their legal status while enabling 24/7 settlement.
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President Trump's administration is working to end US military aid for Israel, State Sec. Marco Rubio confirms, with the transition ideally taking place by 2027. Rubio said Israel can continue buying American weapons directly, adding that Trump's "expectation is that Israel is now prosperous and rich enough" to pay for them without US financing.
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President Trump gives Sec. of War Pete Hegseth an "'A' PLUS, PLUS, PLUS" for his defense against Thomas Massie. The president also torched Massie in his Truth Social post, calling him "a disgruntled, angry, defeated" and "a TOTAL LOSER!"
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President and COO of Goldman Sachs John Waldron has a constructive outlook for the global economy. He discusses resilient US growth, Asia's continued strength, and a European outlook that may be more resilient than current narratives suggest on Exchanges:
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Prince Harry and Meghan held hands tightly Tuesday as they stepped into public view for the first time since the Duchess of Sussex's estranged father was arrested and charged with possession of images of child sexual abuse.
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