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The Fed was expected to hike interest rates in September. Don’t bet on that now, economists say.

What a difference a day can make for monetary policy.  On Thursday, interest rate futures were decidedly tilted toward the Federal Reserve hiking its benchmark rate in September, according to CME FedWatch, which tracks traders to forecast the central bank’s policy decisions. But after Friday morning’s dismal July jobs report, which showed that employers unexpectedly…

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‘Fear of the regime has now gone’: How big a risk does ‘cockroach’ movement pose to India’s BJP? – World

The Narendra Modi-led government has often declared proudly that its ministers do not resign under public pressure, unlike those from previous governments. However, that hubris was shattered on July 25 when Dharmendra Pradhan, India’s education minister, was forced to resign following widespread youth anger and resistance galvanised by the successful protest in New Delhi led…

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House committee urges DOJ to charge former Trump prosecutor Jack Smith

The Republican chair of the House Judiciary Committee encouraged the Justice Department to look into criminally charging Jack Smith, alleging the former special counsel who brought charges against President Trump lied to Congress — allegations the committee’s top Democrat denied. The criminal referral Wednesday from Rep. Jim Jordan of Ohio stems from last year’s revelation that…

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