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German Chancellor Scholz insists on debt brake: Austerity for rearmament and war

Despite the growing opposition to the wars in Gaza and Ukraine, Scholz remains adamant about supporting these wars with all available means, determined to impose the exploding costs of military madness through social spending cuts, falling real wages and mass layoffs. ....

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Germany faces challenge as 2025 tax forecast sinks – DW – 05/16/2024

Germany's federal, state and local governments can expect less revenue next year than had been assumed. Finance Minister Christian Lindner said it was clear that the public sector would have to tighten its belt. ....

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US stocks extended on post-NFP gains, while oil prices were choppy amid geopolitical uncertainty - Newsquawk Asia-Pac Market Open

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero ....

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Germany's Scholz calls for banking union in Europe

German Chancellor Olaf Scholz on Tuesday called for the completion of a European banking union, calling it a priority and urging more uniformity in financial markets across the region.
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-April 23, 2024 at 08:53 am EDT
- MarketScreener ....

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All eyes on Lagarde – Stock markets remain in correction/sell-on-upticksmode

All eyes on Lagarde – Stock markets remain in correction/sell-on-upticksmode
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