The 5 business news to remember this Wednesday morning (India, simplification, life insurance, Trump, great fortunes)

The 5 business news to remember this Wednesday morning (India, simplification, life insurance, Trump, great fortunes)
The 5 business news to remember this Wednesday morning (India, simplification, life insurance, Trump, great fortunes)

India: Narendra Modi wins legislative elections in the face of growing opposition

The Indian Prime Minister’s party (the BJP) won the elections with more than 240 seats. But against all expectations, the opposition embodied by the Congress Party obtained more than double the number of seats compared to its 2019 score.

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Simplification law: hard blow for the government, the Senate invites it to review its copy

The government suffered several setbacks in the Senate on Tuesday on certain emblematic measures of its economic simplification law, such as the implementation of a shortened pay slip or the possibility of eliminating numerous administrative forms without going through Parliament.

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Climate: life insurance singled out for its support of fossil fuels

Life insurance “contributes to fueling climate change”, denounces a report from the NGO Reclaim Finance published this Wednesday. Funds traded in life insurance frequently invest in companies that develop fossil fuel projects.

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American presidential election: after his conviction, Trump raises insane amounts of money from his supporters

Found guilty of 34 counts during his trial, the former president and candidate in the American elections, raised millions in 24 hours. Extra points for the Republican in the race for donations.

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The rich are getting richer and more numerous, study finds

There have never been so many rich people in the world and their wealth has never been so high, thanks to the increase in stock prices, shows an international study carried out by the consulting firm Capgemini published on Wednesday. Enough to relaunch the debates around the taxation of the richest.

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