Hints and tips:
...If the Reagan‑Thatcher revolution was about crushing union power, the pendulum seems to be shifting in favour of labour. Unions are changing too....
...Marina became the first person from her community ever elected to the federal senate and built support for sustainable development in the Amazon region....
...Its $440bn credit arm makes more business loans than some midsize banks, making it not so much an investment outfit as an alternative financial system....
...Federal Reserve chair Jay Powell, World Trade Organization head Ngozi Okonjo-Iweala and Bank of England governor Andrew Bailey are among the top drawer list of speakers....
...“We were looking for . . . who has big leverage,” says Katie Anderson, who directs food and forestry programmes at its EDF+Business arm....
...But the bad kid might be getting too much blame and the good kid too much credit....
...Financial services companies: office-centric and more rigid. Everyone else: hybrid....
...For many of her clients, Cohn will therefore go to smaller local banks, those that specialise in savings and loans, or credit unions (not-for-profit organisations owned by those who use their services)....
...The next day, executives from the consortium’s member companies met in the National Union Building in Washington DC’s Penn Quarter. ...
...series hosted by the Federal Reserve Bank of Dallas....
...“We have seen a V-shaped recovery in equity markets, but we are far from that in the real economy,” she said, as US stocks closed out their best quarter since 1998....
...The quickest path to make sure that banks keep credit lines open, runs through the Federal Reserve....
...This month the Stoxx Europe 600 Banks index and the Dow Jones Bank Index of US lenders have each lost more than 40 per cent, while the cost of insuring bank debt through credit default swaps has soared....
...The system would rely on every means possible to track a person’s location including credit card transactions and surveillance cameras....
...Relative forward P/E of software v semis, commercial & professional services v capital goods and C&P v transportation Bank of England stuck on hold — On Thursday there was consensus among UK policymakers...
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
...Tomorrow markets will be scrutinising the Federal Reserve meeting minutes for January. Investors anticipate discussion about when the balance sheet contraction halts....
...Joseph Simons, the chairman of the Federal Trade Commission, has pledged “vigorous” antitrust enforcement, including hearings later this year on competition and consumer protection....
...Liikanen remains a probable alternative and would also be a good leader for the ECB for many of the same reasons as V. de Galhau....
...A halt to new credit is bad but the flight of pre-existing debt is worse. It also helps isolate public finances from private instability....
...Deutsche Bank shares rallied despite a credit rating cut from S&P Global Ratings, which blamed a bigger and riskier restructuring at the German lender than it previously expected....
...The EU’s financial system is bank-centric; the Anglo-Saxon system, in contrast, is “market-centric”. Bank lobbyists patrol the corridors of Brussels and Strasbourg....
...Monetary union does not need fiscal and political union. It needs debt restructuring. The book provides a sophisticated “liquidationist” alternative to the dominant rhetoric. Why Are We Waiting?...
...Joachim Pfeiffer, economics spokesman for the ruling Christian Democratic Union in the German parliament, said Germany was leading its neighbours in the eurozone out of recession thanks to its consistent...
...(Wall Street Journal) Markets: Stocks and commodities rallied as the recent market fretting over reduced Federal Reserve stimulus and a credit crunch in China continued to fade....
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