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...The Indian National Congress, the biggest bloc contesting Modi’s ruling Bharatiya Janata party, complained it has been unable to campaign after its bank accounts were frozen this month while another prominent...
...“But it wouldn’t surprise me at all if, in the end, we have to spend up to 1 per cent more of our national income on defence. That would be another £25bn-£30bn. Where’s that going to come from?”...
...“Like the Bank of England or the Office for National Statistics, this agency should transcend changes in government and drive a common, national ambition for long-term UK growth,” he added....
...London’s FTSE 100 edged higher as traders await business activity data for insights on the shape of the national economy and the country’s pathway for monetary policy....
...Paxos Trust Co.’s issuance of U.S. dollar-backed stablecoins has been under the supervision of the New York State Department of Financial Services (NYDFS) since 2018....
...Research published by the National Bureau of Economic Research in 2020 showed that IFC’s equity investments over the previous four decades outperformed the S&P 500....
...The benchmark S&P 500 dropped 0.6 per cent on Friday, with 54 per cent of stocks falling, and tech the worst performer....
...At the end of last year, the government sold stakes in National Bank, Eurobank and Alpha Bank. Greece is an unlikely market darling....
...In the early afternoon on Monday, which was a national holiday in Japan and meant that market liquidity was far lower than normal, the yen surged to around ¥155 per dollar....
...And sector-wide, Barclays says regional-bank credit spreads are pretty tight relative to the SPDR S&P Regional Banking ETF....
...Poor data undermines trust and skews forecasting — as several central banks, including the Bank of England, discovered when it came to inflation....
...The most hawkish members of the Bank of England also dropped their demands for higher interest rates on Thursday, while the Swiss National Bank delivered a surprise interest rate cut....
...Fico last month performed a U-turn on the latter issue and pledged to maintain help for Ukraine....
...The Swiss National Bank became the first big central bank to start loosening monetary policy on Thursday when it unexpectedly cut its headline interest rate by 0.25 percentage points to 1.5 per cent....
...In February, the Bank of England forecast economic growth to remain stagnant at about 0.1 per cent in each quarter of 2024....
...Under 28 U.S.C. section 1408, a company can file bankruptcy in any district where it has its domicile, principal place of business, or principal assets for 180 days prior to bankruptcy....
...A soon-to-be-published IMF survey of national debt management offices in emerging and developing economies shows that such knowledge asymmetries are not limited to commercial banks and domestic borrowers...
...The initiative’s backers include the German government, the World Bank and the non-profit World Resources Institute....
...Data from Silicon Valley Bank puts the total at $277bn, while the National Venture Capital Association says it is closer to $312bn....
...It has numerous exchanges, clearing houses and a patchwork of national securities laws....
...P&G, Fifth Third Bank, and SLB will also report earnings before the bell. India election: The first phase of voting in the country’s six-week election started today....
...US borrowing costs are at a 23-year high, while the PCE index has been above the central bank’s 2 per cent goal since March 2021....
...The opposition Indian National Congress, which this week cried foul after its bank accounts were frozen in a tax dispute, says a longer electoral timetable will suit the incumbent, whose Bharatiya Janata...
...Bank of China and Industrial and Commercial Bank of China are part of a group of lenders involved in a stand-off over debt at Thames Water’s parent company....
...Talking of economics, we have a lot of central bankers giving speeches this week, continuing 2024’s ongoing debate on when interest rates can fall....
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