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Europe

Rising Defence Budgets to Boost Euro Area Growth but Pose Fiscal Risks, ECB’s Lane Warns

Rising defence spending could support economic growth across the euro area, but ECB Executive Board member Philip Lane warns that higher budgets could also create fiscal risks.
Business

Finance Minister’s Meeting with President and Chairman U.S. EXIM Bank

Washington: Federal Minister for Finance and Revenue, Senator Muahmmad Aurangzeb, met with U.S. EXIM President and Chairman, John Jovanovic. Discussed expanding Pakistan–U.S. economic and commercial...

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