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Trillionaire

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Can Democracy Survive Trillionaires? RBA Rate Hikes, and Falling Oil Prices

French economist Gabriel Zucman questions if democracy can endure trillionaires, citing their immense power. Meanwhile, Australia's Reserve Bank governor Michele Bullock signaled potential further interest rate hikes to combat inflation, though markets remain uncertain. Oil prices have plummeted due to an interim agreement between the US and Iran, impacting energy stocks.

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