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...Turkey’s sovereign wealth fund attracted strong demand for its debut international bond deal, in the clearest sign yet that investors have shrugged off last week’s shake-up at the country’s central bank....
...Alfani’s voice practically thunders from the page as he asks of the super-rich: “Are they finally acting as gods among men, wrecking democratic institutions and creating a scenario which some had already...
...Brazil’s agriculture minister called the situation, which coincided with low international soyabean prices, an “imminent crisis” for the sector....
...Mike LaCorte, chief executive of international investigators Conflict International, says younger wealthy individuals can also be targets for fraudsters, who devote time to profiling and researching individuals...
...But the real lesson for investors is that sitting back and simply taking a market equity return creates meaningful wealth, if not billionaire status....
...The top men’s tennis tour has struck a deal with Saudi Arabia’s $700bn sovereign wealth fund under which the Gulf kingdom will sponsor the season-ending tournament and the sport’s international rankings....
...He says the template for getting international co-operation for such a policy would be the 15 per cent minimum corporate tax rate agreement introduced earlier this year....
...This is crucial as cybercriminals increasingly launch sophisticated and targeted attacks against wealthy individuals and their families, according to Nicola Thorpe, partner at international law firm Charles...
...Turkey’s sovereign wealth fund is pressing ahead with plans for a debut international bond deal, testing investor appetite for Turkish assets after last week’s central bank shake-up....
...Although wealth managers and supply chain executives agree on the potential of Indonesia, the country of 277mn people has struggled to translate that interest into broader, international investment....
...Chief Jane Fraser recently hired Andy Sieg, the former president of Merrill Lynch Wealth Management, to revive the bank’s wealth business....
...The PIF has become a key source of investments for international financiers looking to raise capital from tech start-ups to football clubs....
...Campaigns such as Tax Me Now in Europe and Patriotic Millionaires in the US and UK, are campaigning for increased wealth taxes, in part as a way of creating more democratic control over where wealth goes...
...The city had an influx of wealth and business during the coronavirus pandemic, in part because of its favourable conditions for companies and high earners....
...Why should those creating the wealth be penalised through income tax?...
...We think of fashion and reading as almost polar opposites: one is about creating an image, the other a kind of internal journey....
...In a recent interview, Olivier Rousteing, Balmain’s king of the double-breasted, big-shouldered, low-buttoning, gold-buttoned blazer, spoke frankly about his fear of the stealth-wealth look: “I’m just really...
...But that’s why we need international collaboration....
...Norway’s $1.6tn sovereign wealth fund has sold out of its investments in Jardine Matheson and two related companies saying they were “contributing to or . . . responsible” for “severe” environmental damage...
...She is open about her own relative wealth in India’s stratified society: “I was born to a privileged family and married into a privileged family.”...
...More than two dozen buyout groups, including Apollo, TPG, Warburg Pincus and Advent International have committed to a plan called Ownership Works that aims to generate more than $20bn in wealth for workers...
...Taxing income that hasn’t yet been realised would be based on ever-changing assessments of wealth....
...“The sector is driving real growth for the economy, while creating jobs and meaningful work at an extraordinary pace....
...The virulent yellow walls of Hyemi Shin’s set narrow to a corner, creating a nightmarish sense of claustrophobia....
...This has raised pressures on already impoverished households in nations that are also less resilient to global shocks, creating regional instability and driving more migration....
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