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Economic News

Mamdani Unveils NYC Landlord Relief Ahead of Rent Freeze

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26 May 2026
New York City Mayor Zohran Mamdani is preparing to roll out a housing proposal that would give relief to some rent-stabilized landlords even as his administration moves toward a potential citywide rent freeze later this year, The Wall Street Journal reported on Tuesday.
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ECB 'will do what is necessary' to tame inflation, Bank of France governor tells CNBC

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26 May 2026
Markets are overwhelmingly pricing in a rate hike from the central bank at its next meeting.
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Iran Seeks Release of $24 Billion in Potential Agreement With US

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26 May 2026
Around $24 billion of Iranian funds frozen overseas must be ‌released under ​a memorandum of understanding being ⁠negotiated with ​the United States, a ⁠source close to Tehran's negotiation team ‌said, ​according to report ‌by Iran's ‌Tasnim news agency on Tuesday.
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