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Global markets experienced a jittery week. President Trump's trade threats caused major stock indexes and the dollar to decline. He suggested tariffs on European Union imports and Apple iPhones. Apple shares fell. The dollar weakened against the yen and euro. Government bonds rose due to safe-haven buying. Oil prices increased. Gold also saw a surge as economic anxiety increased.
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The Reserve Bank of India's record dividend payout of nearly Rs 2.7 trillion to the government has been made possible due to robust gross dollar sales, higher foreign exchange gains, and steady increases in interest income, according to a report by the State Bank of India (SBI).
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It is very rare if not outright unheard-of for a subdivision homeowners association to shell out capital to act as a developer.
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