North Dakota Governor Doug Burgum has found himself at the center of controversy following allegations made against former President Donald Trump. Trump reportedly told oil executives at a meeting in Palm Beach, Florida that he would reduce regulations in exchange for significant financial support for his potential re-election campaign. However, Burgum has vehemently denied these
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Stock markets in the Gulf showed positive movement on Sunday, with the Saudi index leading the gains. After hitting a five-month low, the benchmark index in Saudi Arabia rose by 1.1%. This increase was driven by growth in various sectors, particularly in IT, utilities, and healthcare stocks. Notable performers included ACWA Power with a 4.4%
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Following Standard & Poor’s (S&P) decision to downgrade France’s long-term sovereign debt rating from “AA” to “AA-“, the financial markets are expected to react slightly with a potential spread between French and German benchmark bonds widening by 3-5 basis points. This minor impact may push the spread to approximately 50 basis points, a level comparable
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Italy, a country renowned for its art, history, and picturesque landscapes, is currently facing a major crisis due to overtourism. With millions of tourists flocking to popular destinations like Lake Como, Venice, and Milan, the strain on infrastructure and services is becoming increasingly evident. One of the key issues resulting from overtourism in Italy is
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