Gold prices are set to end the week on a positive note, up by over 2.79% as the precious metal enjoyed a $90 US Dollar (USD) rally due to the latter weakness sponsored by uncertainty about global trade. At the time of writing, XAU/USD trades at $3,326...
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Boeing to cut 17,000 jobs and delay first 777X delivery as strike hits finances Yahoo FinanceBoeing Will Cut 17,000 Jobs in Bid to Slash Costs The New York TimesBoeing files unfair labor practice charge against striking union ReutersBoeing to cut 17,000 jobs as losses deepen during factory strike CNBCBoeing to Cut 10% of Workers Amid Strike...
Argentina is unlikely to agree to any deal that involves painful spending cuts until after October’s midterm elections, according to people familiar with the matter.
Continental governments have spent trillions during the pandemic keeping firms alive and people in jobs, but that safety net could be putting off the economic deep cleaning that normally comes with recessions. It contrasts with a U.S. approach that involves more bankruptcies but also more new ventures.