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Europe increasingly 'vulnerable' to shocks: ECB chief
Europe increasingly 'vulnerable' to shocks: ECB chief
by  AFP

European Central Bank chief Christine Lagarde warned Friday the region was increasingly "vulnerable" to shocks like US tariffs and is lagging behind in areas that will drive growth such as AI. The continent must urgently speed up its integration and overhaul a model of export-led growth that has faltered amid mounting geopolitical turmoil, she said in a speech to a banking conference.

Japan's Takaichi insists $135 bn stimulus fiscally 'responsible'
Japan's Takaichi insists $135 bn stimulus fiscally 'responsible'
by  AFP

Japanese Prime Minister Sanae Takaichi insisted that a $135 billion stimulus package approved Friday was fiscally responsible and that she would reduce the country's colossal debt burden. Takaichi on Friday insisted that Tokyo's stance on Taiwan was "unchanged" and that she wanted "constructive and stable" relations with Beijing.

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