Global wages shift as purchasing power favors Switzerland
The Bank of Korea raised interest rates to curb inflation following data showing a slight improvement in inflation figures. At the same time, the dollar rose near its highest level in 8 days after the release of these figures, while oil prices continued their decline for the fifth consecutive day. Additionally, the profits of major Chinese industrial companies increased over seven months, and tariffs and sanctions have contributed to expanding the fronts of the global economic conflict.
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