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Far-right frolics

THE Jan 1 inauguration of Luiz Inácio Lula da Silva was an orderly affair, even though his predecessor wasn’t there to perform the customary task of handing over the presidential…

Fed doublespeak

Traders with long US equity and long dollar positions that laughed all the way to the bank after the Fed’s latest rate hike might have missed another important headline that…

A high-stakes US election

The American political landscape has suddenly been taken over by calls for ‘investigations’ on both sides of the divide. While Donald Trump awaits a looming third indictment, US House Speaker…

Debt ceiling deal ignores US debt time bomb

Republicans and Democrats are touting a hastily-written debt ceiling deal that staves off a devastating US default, but does little to slow a massive buildup of total federal debt now…

The US debt row

As US President Joe Biden prepares to reengage in negotiations with House Speaker Kevin McCarthy and other influential Republicans on the critical issue of the debt ceiling to find common…