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Gold Drops As Optimism Over Us-China Trade Softens Safe-Haven Appeal
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Lagos — Gold prices slipped on Wednesday as reports of upcoming trade talks between US and Chinese officials lifted market sentiment and reduced safe-haven demand. The prospect of negotiations between Washington and Beijing has fueled optimism, even as broader trade uncertainties persist. Investor focus is also directed at the Federal Reserve’s policy decision later…
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Public Funding For Royals Triples Since 2012 Due To Palace Renovations
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Official data reveals that public funding for the Royal Household has increased threefold in real value since 2012, primarily due to repair and construction activities at Buckingham Palace. The Sovereign Grant, which offers financial backing from taxpayers for the monarchy, was initiated in 2012 with an annual amount of £31 million. According to information…
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Dollar Inches Up Against Dong – International Edition
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On Thursday morning, the U.S. dollar saw a slight increase against the Vietnamese dong but declined when compared to most significant currencies. Vietcombank sold its dollars at a rate of 0.07% higher, equating to VND26,150 per dollar. The State Bank of Vietnam reduced its reference rate by 0.01% to VND24,927. In the black market,…
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Uk Inflation Rate: See How Fast Prices Are Soaring
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In the year leading up to March, prices in the UK increased by 2.6%, which is lower than the prior month’s rise yet remains higher than what the Bank of England aims for. The Bank of England adjusts interest rates to aim for a 2% inflation sasaran, and in 2025, it reduced them twice,…