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Japan Real Wages Down 1.4% in May

Japan’s real wages in May fell 1.4 percent from a year earlier, declining for a record 26th straight month, as the sharpest base wage growth in 31 years was offset by inflation.

The drop in May was larger than a revised 1.2 percent fall in April, wit…

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Bank of Israel keeps key interest rate at 4.5%

Tel Aviv – Ma’an – The Bank of Israel kept interest rates unchanged on Monday for the fourth consecutive meeting, maintaining its cautious policy due to the nine-month war that Israel has been waging on the Gaza Strip, as well as stable inflation.

Th…

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