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Currencies

Dollar’s crown is slipping due to rapidly changing US trade policies

The dollar has sunk to its lowest in three years as rapidly changing US trade policy unsettles markets and expectations build for Federal Reserve rate cuts, fuelling outflows from the world’s biggest economy.While the dollar was higher on Friday, lifted by safe haven flows as Israel launched a strike on Iran, it was still set for its biggest weekly drop in a month.It is also down almost 10% against a basket of major currencies this year, leaving other countries grappling with unanticipated FX moves that are having a knock-on impact...
USA Property

As DeSantis and House spar, Perez plots course for property tax cuts

'The governor has not yet come forward with any specific answers,' House Speaker Perez said. 'If the House wanted to get this done, they would have,' a DeSantis spokesman shot back.House Speaker Danny Perez delivers a stunning rebuke to DeSantisThe Florida Legislature nixed the governor's special session and created their own, solely focused on immigration.Florida House Speaker Daniel Perez announced a select committee to review property tax cut proposals.The move follows disagreements with Governor DeSantis on property tax cuts and other issues.The committee will consider various options, including raising homestead...