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...Argentina’s central bank has cut its benchmark interest rate from 70 per cent to 60 per cent, as the monetary authority seeks to reduce the amount of pesos it must print to pay interest on its domestic debt...
...For a third way to frame these dramas is that a power struggle has been raging between the “tower” and “square” — ie the central authorities and networked crowds, to borrow a metaphor used by historian Niall...
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...Palestinian President Mahmoud Abbas has appointed economist Mohammad Mustafa the new prime minister of the Palestinian Authority, according to Wafa, the state-run news agency....
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...“The authorities in Nigeria have successfully got the mechanics of a functioning [currency] market in place,” said Razia Khan, head of research for Africa and the Middle East at Standard Chartered....
...But the central bank’s governor, Kazuo Ueda, signalled that borrowing costs would not rise sharply since inflation expectations had yet to be anchored at its 2 per cent target....
...Grab your popcorn, the European Central Bank’s gone studs-up on the Securities & Exchange Commission....
...German security authorities have become increasingly vocal about the aggressive threat posed by Chinese intelligence services....
...The ministry stressed that the state’s law enforcement authorities would not back down in prosecuting the tax fraud....
...Beijing has removed the powerful party boss and chair of its stock market regulator, the China Securities and Regulatory Commission, Yi Huiman, as authorities battle a plunge in the country’s stock markets...
...Other central banks have hinted at taking action to support their depreciating currencies....
...Government, both central and local, must do more to help access land supply and funding. Local authorities can resort to compulsory purchase orders....
...Court rulings in the US and Mexico have also put limits on authorities....
...Dieter S has been on the radar of German security authorities for some time....
...In England, a “plan for drivers” from central government aims for similarly restrictive measures (“Ministers alter pitch to drivers after overstating London penalty appeals”, October 6, 2023)....
...At least 73 people died and dozens more have been injured after a fire swept through an apartment block in Johannesburg’s central business district in the early hours of Thursday....
...The fraud was uncovered after money-laundering authorities in Switzerland raised questions about large transfers made by the banker to businesses in the Dominican Republic....
...Poland is the main haven for people escaping the conflict and there are an estimated 200,000 Ukrainian men in the country, according to Eurostat and the Polish central bank....
...According to Transnistrian authorities, about 200,000 of the less than half of a million population are Russian....
...UN authorities say 1.7mn have been displaced from their homes....
...Four big US companies, that’s Trader Joe’s, Starbucks, Amazon and SpaceX, are all challenging the authority of the National Labor Relations Board in court....
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