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...However, many sovereign bonds still don’t have such clauses. They can also be stymied by holdouts herding into specific securities — such as has happened in the case of one $1bn Sri Lankan bond....
...“My parents are farmers; they don’t have any money. I don’t dare tell them about it.” Yao is contesting the judgment in court and so has asked for his full name not to be used....
...A spokesman for the Danish defence command told the Financial Times: “In short, we don’t check paperwork or ships passing or sailing through the straits, unless it has to do with safety at sea.”...
...This anecdote is firmly in “too-good-too-check” territory, but it speaks to an unspoken truth of finance: most investors don’t actually read the fine print of what they’re buying....
...“Sometimes they don’t even know they have one until they try to leave,” said Ryan Nunn, the principal drafter of the Treasury department report on non-competes....
...Riders also have no defined hours or locations, are free to reject jobs, and don’t necessarily rely on delivery for their main source of income....
...“We don’t want our tax dollars bailing out the private sector. We also want to prevent behaviour among creditors that’s harmful....
...Non-competes for, say, bartenders or security guards don’t really make a lot of sense....
...This clause was dropped from the Worker Protection Act on the grounds that it placed excessive burdens on business....
...The US Inflation Reduction Act threatens to disadvantage green energy suppliers in countries that don’t have a trade deal with the country....
...I don’t see that as being unfriendly,” Lee said on Tuesday in Australia, where he was attending a summit of the Association of Southeast Asian Nations....
...It can force expensive monitoring of employees, or else excruciatingly lengthy contracts specifying break clauses or non-compete agreements....
...This would be a “Clause IV moment” with a twist....
...These were transparent enough to hold policymakers to account, but it was the inclusion of an escape clause in case of a disaster that made the rules credible....
...Home and Rwanda Yesterday MPs rejected proposed changes to Sunak’s Rwanda bill made by the House of Lords, including an amendment that had sought to insert a clause requiring the legislation to be in “full...
...Millions of workers are caught in a non-compete trap: As the US Federal Trade Commission moves to ban non-compete clauses in worker contracts, FT reporters outline the problems faced by middle- and low-income...
...But to be so blunt to suggest that his White House would ignore Nato’s mutual defence clause and not offer assistance to an ally attacked by Moscow broke significant new ground....
...And to some eyes, this COP has been yet another failure, given that we still don’t have a clear path to the end of fossil fuel usage....
...“If they don’t approve the plan . . . I’m not going to stand between the people and Article 87 of the constitution,” he said, referring to a clause permitting insurrection....
...It’s worth remembering that lower tariffs in preferential trade deals don’t automatically mean market access....
...“Pandemics and climate change don’t respect lines on a map....
...Hovenkamp: Amazon does have a fairly weak “most favoured nation” clause, which basically says if you want to sell on Amazon, we don’t want you to charge a significantly lower price on a competing seller...
...“I don’t think Li Qiang can do this. It is just impossible. It would have to be up to Xi Jinping”....
...The EU also wants the UK to commit to a clause excluding another extension in three years’ time....
...Whether it’s enough, we don’t know. Nobody really knows....
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