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...In August, Bloomberg reported that Tether had begun using Britannia Bank & Trust, a Bahamas-based bank also owned by Britannia Financial, to process dollar transfers....
...The European Commission said on Thursday it would seek to open talks to restore limited freedom of movement for EU and UK citizens, allowing them to stay for up to four years in the destination country....
...The Bank of Japan is likely to hold off from raising interest rates next week but investors expect the central bank to outline its response to rising inflationary pressures caused by the yen’s decline....
...“It’s obviously a very limited attack,” said the official, who spoke on condition of anonymity. “The information we have is about something very, very limited.”...
...But — as the UK’s ban on disposable vapes suggests — the growth potential of alternative nicotine delivery products appears limited....
...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...
...He found early success with a chain of themed restaurants before relocating from the UK in 1979 to the Bahamas....
...Their powers, over limited elements of economic development, are variable and can often seem intangible....
...Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com...
...Meanwhile, the Bank of England MPC consists of nine policy makers and a common staff....
...Hours afterwards, footage circulated online of crowds on the banks of the Zayandeh River, a popular picnic spot in Isfahan, singing a patriotic song....
...Waller said in a speech in the Bahamas that supposed threats to the dollar’s dominance — ranging from the rise of cryptocurrencies to the impact of sanctions imposed on Russia, which have led to the US and...
...Instead of hedging the market value risk of bank asset declines, banks used accounting reclassification to diminish the impact of interest rate increases on book capital....
...Ben Bernanke was brutally honest about the failings of the Bank of England’s economic modelling when he published a long-awaited review of its forecasting processes on Friday....
...The Competition and Markets Authority says concentration in the category has left parents with limited choice and enabled companies to raise prices higher than their input costs....
...But on Tuesday, after eight years in the negative, the Bank of Japan governor Kazuo Ueda pulled it off in smooth style....
...Microsoft has hired the co-founder of Google’s DeepMind, the Bank of Japan raised interest rates for the first time since 2007, and leading European and UK artificial intelligence start-ups have been lobbied...
...Kate Duguid Will the Bank of England hint at interest rate cuts?...
...In the wake of three of the largest bank failures in US history a year ago, the US Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency are all pushing...
...Few central banks have emerged from the past three years of inflation fighting with the same credibility they had before. The Bank of England has had a particularly hard time....
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...Macro types simply love to chat about the prospect of central banks running out of money....
...In its decision, the central bank proudly notes the prospect “that the price stability target of 2 per cent would be achieved in a sustainable and stable manner”....
...This is not a proposal to weaken the independence of the Bank of England or modify its objectives....
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