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Macron defends pension reform, 'regrets' no consensus
Macron defends pension reform, 'regrets' no consensus
by  AFP

President Emmanuel Macron on Monday staunchly defended his widely unpopular pension reform but said he regretted that no consensus had been found on the change. And despite months of consultations, no consensus could be found and I regret it."

Rate-hike fears keep stocks rangebound
Rate-hike fears keep stocks rangebound
by  AFP

European and US stocks moved little Monday as investors awaited more company earnings and worried that central banks may keep raising interest rates for longer than expected. While analysts say cooler inflation has eased pressure on the US Federal Reserve, European Central Bank and Bank of England to keep raising borrowing costs, consumer prices remain elevated.

Top Republican says US House won't raise debt limit without spending cuts
Top Republican says US House won't raise debt limit without spending cuts
by  AFP

Republican leader Kevin McCarthy vowed Monday that the US House would not approve a "no-strings attached" debt limit increase, adopting a hard line ahead of budget negotiations with President Joe Biden. As the Republican leader in the House before the midterm elections made him Speaker, McCarthy opposed all of these laws. jmb/bys

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