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As President-elect Donald Trump prepares to take office, market dynamics are shifting significantly. Investors are rotating out of the chip sector due to valuation concerns, while software stocks gain traction. Emerging markets face volatility amid tariff threats, prompting analysts to reassess investment strategies ahead of potential policy changes.
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Moldovan President Maia Sandu has secured re-election against pro-Russian candidate Alexandr Stoianoglo amid allegations of vote-buying and foreign interference. The election, marked by significant disruptions and intimidation tactics, reflects ongoing geopolitical tensions as Moldova continues its push towards EU integration.
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Chancellor Rachel Reeves' first budget has unsettled financial markets, leading to a sell-off in bonds and the pound. The budget's significant tax increases and borrowing plans have raised concerns about inflation and economic stability, echoing past market reactions to fiscal missteps.
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The UK government is recruiting a senior civil servant to lead negotiations with the EU, signaling a commitment to improving post-Brexit relations. This follows Prime Minister Keir Starmer's efforts to reset ties with Brussels amid concerns over potential US tariffs after Donald Trump's election victory.
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The UK economy grew by only 0.1% in the third quarter of 2024, significantly below expectations. This disappointing figure follows Labour's election victory, raising concerns about the government's ability to stimulate growth amid rising taxes and uncertainty in business investment. The economy contracted by 0.1% in September, indicating a slowdown.
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French Prime Minister Michel Barnier's government is under threat as far-right leader Marine Le Pen and a leftist coalition have filed motions for a no-confidence vote. This follows Barnier's use of a constitutional mechanism to pass an unpopular budget, raising concerns about political stability in France.
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President-elect Donald Trump has announced plans to impose significant tariffs on imports from Mexico, Canada, and China, aiming to curb illegal immigration and drug trafficking. Economists warn these tariffs could lead to increased consumer prices, particularly for electronics and other imported goods, as early as January 20, 2025.
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France's Prime Minister Michel Barnier is on the brink of being ousted as opposition parties prepare to vote on a no-confidence motion following his controversial austerity budget. The vote is expected on Wednesday, with significant implications for the country's political stability and economic outlook.