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...But the schemes only apply to flights within the region and do not capture emissions from long-haul flights, which burn the most fuel. Airlines are also handed annual free allowances under the system....
...The “capital markets union” agenda grew out of the eurozone debt crisis, which exposed a lack of financial risk-sharing between countries....
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...In contrast, the strength of the US economy and high levels of government spending relative to taxes could persuade the Federal Reserve to keep interest rates high for some time, say investors, which could...
...Ole Hansen, a bricklayer working on scaffolding, told trade union newspaper Fagbladet 3F what happened. “There was fire on the ridge of the roof . . ....
...So, when bank lending dominates credit markets, unregulated private capital can earn an excess return. But, he points out, the free lunch will be eaten: This should not be a permanent situation....
...Economists said the fall in borrowing, which reflected lower investment plans, meant the region’s economy was likely to continue stagnating....
.../ From Evans Osano, Director, Capital Markets, FSD Africa...
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...This chart below uses the Federal Reserve’s senior credit officer survey net level as the proxy for credit availability....
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...Russia maintains control of two separatist regions in Georgia, after invading the country in 2008....
...The group points to the decline in the region’s share of global capital markets activity in Europe, from 18 to 10 per cent, since 2008. But the US had shed a similar chunk of share in that time....
...Mentioned in this podcast: America’s most powerful union leaders have a message for capital Union workers score big pay gains as labour action sweeps US Sign up for the FT’s Swamp Notes newsletter here...
...the chair of the Federal Deposit Insurance Corporation has warned....
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...But what we’ve started to think about, and we’re starting to organise this, starting this week in our executive council meetings, is a centre for working capital....
...JPMorgan Chase spent about a year discussing a possible deal with Discover Financial before Capital One agreed a $35bn bid for the credit card company....
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...The bureau also said that smaller credit card issuers offered cheaper interest rates compared to larger rivals, including Capital One....
...Because if you don’t believe in ever closer union you must be a bad thing.” The ban also drew condemnation from Belgium’s federal government, which was not involved in the order....
...The market reaction came after the Federal Open Market Committee voted unanimously to leave rates unchanged at a 23-year high of 5.25 per cent to 5.5 per cent....
...Intermediate and capital goods comprise close to 60% of the country’s foreign shipments. These are goods that are highly cyclical in nature and used as inputs into the overall production process....
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