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3 Jul 2024

Odds of Biden winning democratic 2024 presidential nominee are collapsing as NYT said Biden told ally he is weighing whether to continue in race

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3 Jul 2024

As of this morning, betting markets are giving VP Harris higher odds of being President after the 2024 Election than current President Biden.

The cross has happened. Source: Bespoke

3 Jul 2024

Biden betting odds in free fall as support within the Democrats crumbles.

Source: HolgerZ, Bloomberg

2 Jul 2024

Greece has controversially introduced a six-day working week for some businesses in a bid to boost productivity and employment in the southern European country.

The regulation, which came into force on July 1, bucks a global trend of companies exploring a shorter working week. Under the new legislation, which was passed as part of a broader set of labor laws last year, employees of private businesses that provide round-the-clock services will reportedly have the option of working an additional two hours per day or an extra eight-hour shift. The change means a traditional 40-hour workweek could be extended to 48 hours per week for some businesses. Food service and tourism workers are not included in the six-day working week initiative. The pro-business government of Prime Minister Kyriakos Mitsotakis has said the measure is both “worker-friendly” and “deeply growth-orientated.” It is designed to support employees not being sufficiently compensated for overtime work and to help crack down on the problem of undeclared labor. https://lnkd.in/esrbB_4R

1 Jul 2024

Candidates for the most powerful job on the world...

summarized in one cartoon... Maybe the US deserve better... 😅 Source: Markets & Mayhem 🤖

1 Jul 2024

France | Macron’s Approval Drops Two Days Ahead of French Election

President Emmanuel Macron’s approval rating fell to the lowest level in three months, delivering a boost to Marine Le Pen’s far-right National Rally party just two days before voting starts in France’s legislative election. Support for Macron dropped six points to 36%, the worst showing since March, according to a Toluna-Harris Interactive poll for LCI TV published on Friday. Source: Bloomberg

1 Jul 2024

Thursday night US presidential election debate in one image

Source: USA today

28 Jun 2024

BREAKING: The odds of President Biden winning the 2024 Democratic nomination are down by 24% in 2 HOURS.

Prior to the debate, markets saw an 86% chance that Biden would win the nomination. Now, there's a 38% chance that he WON'T be nominated as the Democratic candidate. There's a 22% chance that Gavin Newsom wins the nomination and a rising 14% chance of Kamala Harris being the nominee. The one of the largest shifts in market implied odds of all time for an election that is less than 5 months out. Source: The Kobeissi Letter

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