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US consumer confidence rises

  Bloomberg US consumer confidence rose by more than forecast in August to the highest since May, suggesting that Americans are growing more optimistic about the economy amid falling gas prices. The Conference Board’s index increased to 103.2 from a downwardly revised 95.3 reading in July, the first increase in four months, data on Tuesday showed. The median forecast in ...

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Biden administration readies $1.1billion arms sale to Taiwan

Bloomberg The Biden administration is preparing to sell $1.1 billion in missiles and radar support to Taiwan, according to an official familiar with the matter, in what would be the largest such transfer in almost two years. The package would include as much as $650 million in continued support for a surveillance radar sold earlier, about $90 million for roughly ...

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Poland will double military spending as war in Ukraine rages

  Bloomberg Poland will more than double military spending next year, to as much as 138 billion zloty ($29 billion), in an effort to strengthen its defenses in the face of the war in neighboring Ukraine. Spending on army is expected to rise to 98 billion zloty from 58 billion zloty this year, Premier Mateusz Morawiecki said at a news ...

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