South African Budget Unease Triggers Rand Slump as Vote Looms
Uncertainty about a key vote on South Africa’s budget and what it portends for South Africa’s coalition government triggered a slump in the rand and bonds.
With no exemptions for medical devices from Trump’s double-digit tariffs, pacemakers, insulin pumps and hearing aids could all cost more.
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Why investors are relatively sanguine on India amid the tariff chaos