Canada govt to present 2023-24 budget on March 28, finance minister says

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Freeland said earlier this week she's preparing a budget with fiscal constraint in mind with a goal to avoid fuelling inflation

The failure of Silicon Valley Bank shook the financial world on Friday, but one analyst doesn't see this rapid collapse as a threat to the safety of the banking system.WASHINGTON — In a sign of a deepening rift among Democrats on energy issues, conservative Democratic Sen. Joe Manchin says he will not move forward on President Joe Biden’s nominee to oversee oil and gas leasing at the Interior Department.

-- Government-bond yields fell the most since since 2008 after a US bank failure spurred traders to reassess the outlook for additional Federal Reserve rate hikes.

 

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