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...If he is seen to have lost control of the public accounts, they warn it will be difficult for the central bank to continue cutting its base lending rate, which at 11.75 per cent is exerting a drag on activity...
...With footage of deadly bombardments and hungry children livestreamed into Arab homes, the outrage has focused on the perceived double standards and the reluctance of the west to hold Israel to account —...
...Belgian police have seized record amounts of cocaine from Latin America in recent years, hidden in everything from banana crates to the lining of containers....
...The European Central Bank, the Bank of England and others have followed suit....
...Farming and forestry account for almost a quarter of global greenhouse gas emissions and a hefty chunk of the scope 3 emissions of food manufacturers and retailers originate on farms....
...Fed appointments: Joe Biden is set to announce changes at the US central bank that will see a new vice-chair and the first Latino to join the board. 2....
...Citibank, Bank of America, Wachovia and Washington Mutual all failed in 2008 (three were bailed out and one was seized and sold) because managers fatally misunderstood mortgage risk....
...Nonetheless, deposits at small banks dropped by $120bn, or about 2.2 per cent, in the week to March 15, according to data from the Federal Reserve....
...The file says that they work to form joint ventures with Colombian cartels to “control the trafficking of cocaine from South America into the ports of Rotterdam and Antwerp”....
...Bank of America has named Alexandre Gafsi and Emmanuel Hibou as chairs of technology, media and telecom investment banking for Europe, the Middle East and Africa....
...Take a break from the news Thomas H Lee, the financier who led some of the private equity industry’s most successful deals during the 1980s and 1990s, has died at the age of 78....
...In just four months, it has raised its benchmark policy rate from near zero to a target range of 2.25 per cent to 2.5 per cent....
...The pool of eight banks arranging the deal, including Bank of America, Mediobanca, Citibank and Credit Suisse, refused to guarantee they would mop up the unsold shares without seeing prior irrevocable commitments...
...We have a lot of banks in America, a lot of small to midsize banks. And you know, this showed some vulnerability of some of them. And maybe they will get together and try to get bigger....
...Michael Gapen, chief US economist at Bank of America, said a 0.75 percentage point rate rise in September would be a tall order, adding that half-point and quarter-point increases were more probable given...
...And there is no sign yet of the type of holistic overhaul that America needs....
...and 2.3 times as likely to report she has no say in how money is spent. Poverty and location also lead to significant variations within a country....
...And let’s not forget the horrifying human rights record of Egyptian president Abdel Fattah al-Sisi, who seized power in a 2013 coup....
...In London, the pound’s weakness against the dollar — 1985 was the last time it was worth less — has increased the proportion of super-prime sales this year to buyers from the Middle East, North America and...
...US intelligence to examine documents seized from Donald Trump The US director of national intelligence has told members of Congress that her office will lead a review into what FBI agents took from Mar-a-Lago...
...Thank you for reading FirstFT Americas and here is the rest of the day’s news — Gordon Five more stories in the news 1....
...text, and four in 10 primary school pupils drop out before the last gradeSource: World Bank Amid soaring temperatures in the UK, warnings of a “heat apocalypse” in France and devastating forest fires from...
...But what if there was pressure to withdraw from China, which accounts for half of its profits and has signalled support for Moscow’s invasion of Ukraine?...
...Most automated teller machines ran out of money the day before the Taliban seized Kabul and banks have been closed since the group took control more than a week ago....
...Amnesty International said the ITE law was invoked 119 times last year in cases involving freedom of speech violations, up from 78 in 2019 and the highest since 2014 — which partially reflects the growing...
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