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Banks suggest steeper U.S. interest rate hikes
The article discusses the escalation of tensions between China and the United States in the military and economic spheres, with a focus on the impacts of this conflict on global markets. This includes the variation in Asian market indicators following the decline of Wall Street and the hike in US interest rates. The article also addresses trade threats between Trump, Europe, and Canada, as well as their repercussions on regional economies, such as the UAE, which announced the launch of a new residential complex and discounts on airline tickets. The escalating tensions among major powers are leading to widespread economic effects that threaten global financial stability.
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