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Iran Issued Stern Warning By Deputy Ambassador On Further Actions Against Israel, US: 'Will Be Held Responsible'
Sunday, April 14, 2024 - 9:15pm | 645In a recent development, the United States has warned Iran of serious consequences if it continues to act against the US, Israel, or their allies. What Happened: Robert Wood, the US Deputy Ambassador to the United Nations, has strongly condemned Iran’s recent attack on Israel, as reported by...
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UK Backpedals On Income Tax Cut For Top Earners After Rattling Markets
Monday, October 3, 2022 - 3:06pm | 602The iShares MSCI United Kingdom ETF (NYSE: EWU) and the SPDR S&P 500 ETF Trust (NYSE: SPY) both traded higher by more than 2% each on Monday after the U.K. government abandoned its plan to cut taxes for its wealthiest earners. What Happened? New U.K. Prime Minister Liz Truss shook financial...
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British Pound Drops To All-Time Lows: 'Existential Crisis Is Looming'
Monday, September 26, 2022 - 11:10am | 662The iShares MSCI United Kingdom ETF (NYSE: EWU) traded lower by another 0.8% on Monday and is now down 7.5% overall in the last five days as investors continue to react to the new U.K. government's aggressive series of tax cuts that sent the British pound to a record low against the U.S. dollar...
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What Historic UK Tax Cuts Mean For The Markets: 'Material Increase In Risks'
Saturday, September 24, 2022 - 10:49am | 616The iShares MSCI United Kingdom ETF (NYSE: EWU) plummeted 5.3% on Friday after investors were not impressed by an aggressive series of tax cuts unveiled by the new U.K. government. What Happened? On Friday, new U.K. Prime Minister Liz Truss announced a bold new stimulus program that includes tax...