France’s CAC 40 share index has fallen 9% from a mid-May high, underperforming wider European markets. Despite talk of European stagnation, European equities have delivered almost as much as US ones in recent years, with lower valuations providing a firm floor for stocks in the case of bad news. Investors are optimistic about European stocks, especially as balance sheets of once weak banking stocks have been fixed and banks are paying handsome dividends, suggesting potential for outsized share price performance in the future.
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US imposes restrictions on Thai officials for deporting Uyghurs to China
The Unlock the White House Watch newsletter discusses US visa restrictions on Thai officials involved in forced repatriation of Uyghur Muslims to China, in support of persecuted groups. Secretary of State Marco Rubio condemns China's actions against Uyghurs and urges other governments not to facilitate repatriations. The move signals President Trump's stance on human rights violations in China and potential implications for negotiations with President Xi Jinping. Full Article
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