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Bloomberg Wall Street Week - May 31st, 2024

Wall Street Week

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Elections around the World and Corporate Board Actions

Elections are taking place in various countries with differing focuses, such as economic policy in India's elections, climate concerns in Mexico and corporate matters like ExxonMobil's annual meeting. ExxonMobil faced a governance issue with shareholders over climate-related proposals but the board ultimately won re-election. Elon Musk is requesting a large payout from Tesla shareholders, despite previous legal setbacks. India's elections may not lead to significant economic policy changes. Notable upcoming elections include an all-female contest for Tokyo mayor and Mexico's national election where climate is a key focus. The hope is that those running for office are telling the truth for the sake of the planet.

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