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The Swiss watch market is smaller in size but yields higher profits, as some companies prefer the benefits offered by employment over salary, providing them with greater stability. At the same time, the dollar has risen against the Egyptian pound, with the country's foreign exchange reserves increasing. Internationally, efforts are underway to lower oil and diesel prices through global oil reserves. Additionally, China continues to purchase gold, with holdings of the People's Bank of China increasing by approximately 740,000 ounces. The International Monetary Fund warns that global economic pressures could lead to challenges in markets and investments, amid a worldwide race to develop electric vehicles and artificial intelligence.
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