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...By contrast, CDFIs and credit unions managed more than $150bn in the US in 2019, according to a report by social impact investor Big Society Capital, which is also backing the fund....
...Joe Biden will try to stamp out doubts about his re-election prospects in his State of the Union speech on Thursday, while laying out the choice facing American voters in this year’s presidential race....
...“We have to be lucid that our Europe today is mortal — it can die — and it depends on the choices that we make now,” he said. “The rules of the game have changed.”...
...“I am calling for a collective wake-up call to make choices in all of our public spending and make choices to keep useful, effective programmes, and abandon anything that is not,” he said on Tuesday....
...Brussels blocked the deal a year later over concerns it would limit consumer choice and hurt innovation. Illumina appealed to the EU court but it sided with the commission in 2022....
...The consortium pools credit risk data and publishes it as a resource for public use....
...If the Reagan‑Thatcher revolution was about crushing union power, the pendulum seems to be shifting in favour of labour. Unions are changing too....
...Or simply herding, with companies opting for the default choice of many in the Silicon Valley community....
...They should also continue to collaborate with credit rating agencies to see if they can better leverage their existing capital base....
...But if the choice is between dominating and being dominated, what do Europeans prefer? That is the question they are still very far from facing up to....
...To its credit, the EU has tried to do better in the reformed rules it has just introduced. They will require four to seven-year spending plans that you stick with....
...Extreme weather risked causing “reduced tax revenues, increased government expenditure, lower credit ratings and increased cost of borrowing”, it added....
...Fitch downgraded France’s credit rating in April, citing the risks of high government debt and opposition to Macron’s reform agenda....
...Le Maire promised there would be no tax increases to plug the hole, casting it as a consistent policy choice that President Emmanuel Macron’s government has stuck to since 2017....
...Larger, healthy banks can extend more credit, which supports companies and overall economic growth....
...(Only this month New York Community Bank needed an emergency capital infusion.)...
...For how long can hard choices be put off?...
...Peter Blair Henry of Stanford University and one of the study’s authors, gives some credit to strong leadership....
...The former German defence minister, who was considered an unlikely choice when first selected by EU leaders in 2019, has steered the bloc through the coronavirus pandemic and the outbreak of Russia’s full-scale...
...This means, Letta argues, that political choices taken at the birth of the single market no longer make sense today....
...Verner says his company has made contingency plans in case the tax credits disappear....
...Much of the credit for the latest squaring the circle goes to Chris Heaton-Harris....
...“None of them were aware of the Blue Carbon deal,” says Andrew Zeleman, who helps lead Liberia’s unions of foresters....
...What is best for the bloc’s electricity system — and indeed the planet — is not always the right choice for corporate owners....
...The Massa-Milei choice would divide Argentina’s business community, he added....
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