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France Cuts 2026 GDP Forecast Due to Budget Delay, Iran Conflict

The French government is lowering its growth forecast for the year to 0.7% after a delayed budget and the Middle East conflict held back output, Finance Minister Roland Lescure told Le Parisien newspaper.

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An unprecedented transfer of wealth in the coming decades is likely to disproportionately benefit America’s most affluent families, boosting their fortunes by trillions of dollars, according to a July report…

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