What insiders know 📶
Payback:Â Reportedly 3M had said to have tentatively agreed to pay more than $5.5 billion to resolve more than 300,000 lawsuits claiming it sold the US military defective combat earplugs.
Deep hole:Â Risen oil prices and weak economic data from Germany reignited stagflation concerns across the European area.
Loosen up:Â Currently Chinese authorities have lowered down payments and looser mortgage rules for some homebuyers.
Dumping:Â The Fed has now offloaded around $1 trillion of its bond holdings since it began working down its bloated balance sheet from 2022.
Foreign problem:Â Egyptian President warned a growing population is leaving the country of more than 104 million people with an increasingly unaffordable burden.
No more: China’s Japanese seafood ban affects $505 million worth of imports.
Hold:Â As of early September 2023, the Bank of Canada will probably hold interest rates steady at 5%.
Scary number:Â Human emissions of greenhouse gases have warmed the planet by about 1.1C since pre-industrial times.
The fire:Â Canada has hit a record-breaking wildfire season and it began earlier than usual in 2023.
Heat boost:Â Buoys off the coast of Florida have been measuring water temperatures in the 90s Fahrenheit; resulting in supercharging hurricanes.
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