Hints and tips:
...A symbolic state visit by King Charles III to France has today been cancelled following a week of violent protests in the country....
...In a US court filing yesterday, John Ray III said: “Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred...
...The group’s new chief executive, veteran insolvency expert John Ray III, has criticised the previous management under Sam Bankman-Fried for a “complete absence of trustworthy financial information”....
...Sullivan was hired quickly when FTX collapsed in early November because of its bankruptcy, regulatory and investigative expertise . . . and because it was first on the scene, which even John Ray III, the...
...‘Detour’ (1945), Edgar G. Ulmer Near enough a parody....
...(FT) Dalio’s inequality alarm Billionaire investor Ray Dalio called on politicians on Tuesday to declare the growing wealth gap in the US a national emergency and pursue urgent reforms or face the prospect...
...(iii) Such a property wealth tax would cause a large industry of tax avoidance....
...Ray Barrell: Field trials are uncommon in macroeconomics, but now we have one....
...Hugh Ray, head of bankruptcy practice at McKool Smith law firm, said: “Some of the lenders have sort of said, ‘You’ve had enough second chances — this is the end of the line’.”...
...Elsewhere, the FT’s Robert Smith discovers that, as far back as 2012, HNA was willing to pay high borrowing costs to fund deals....
...Norway for now), iii) no deal or iv) remain....
...Tim Pigott-Smith plays the uneasy monarch in Rupert Goold’s fine production....
...(iii) Brexit (see below)."...
...Ray Barrell of Brunel University said alternatives would include more borrowing and higher taxes for pensioners and property owners....
...Ray Barrell, Brunel University Economies recover slowly from recessions. The UK will continue to recover....
...Fuller, Smith & Turner, the pubs owner and brewer of London Pride, missed analysts’ forecasts for like-for-like revenue growth over the past three-and-a-half months, though sales picked up through the period...
...Andrew Smith, KPMG: Outside the southeast there is very little evidence of a boom. For, whilst prices in London have accelerated, the rest of the country is hardly moving....
...Andrew Smith, KPMG: As this has been the trend for some time now, it could go on for longer with “productivity” taking the strain....
...iii) The weakness of the housing market is well documented....
...Andrew Smith, KPMG: Rather concerned....
...After his nine weeks on the run, Ray ran to ground in a house in Pimlico, London, from where he planned to fly to Ian Smith’s apartheid Rhodesia....
...If there has been a ray of sunshine for the hard-pressed private equity industry since the onset of the financial crisis, emerging markets are surely it....
...David B Smith, University of Derby Firstly, the main domestic risk is the unsustainable fiscal position, and the fact that the political class as a whole has not prepared the populace for the harsh fiscal...
...Hopefully, things will be better in 2011 when the real fiscal squeeze starts (though there is no guarantee that this will be case – see risk (iii) above)....
...iii. Welfare systems, essential public services and pensions may get squeezed. Fiscal consolidation needs to be done with one eye on poverty indicators. iv....
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