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Source:
The Guardian
Source: The Guardian
5 HrsThe Guardian
Source: The Guardian
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Democrats’ sweeping midterm victory cost Republicans control of both chambers of Congress, leaving Donald Trump with a weakened position for his final two years in office. Analysts say markets, economic growth, inflation and borrowing costs will depend heavily on whether the Iran war escalates or moves toward de-escalation, while uncertainty also surrounds AI regulation and investment. The conflict has pushed US inflation to 3.7% and Brent crude above $100 a barrel, and investors expect further interest-rate increases. Congress faces a 11 December deadline to approve government spending and avoid a shutdown.
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