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...Whatever errors Anglo made abroad, its battles at home with an ANC that saw it both as national champion and national piñata cannot have helped....
...The 33-second advert, first aired on Sunday, shows the flaming paper flag as a voiceover warned that the governing African National Congress would be forced into a post-election deal with two radical parties...
...Advisory fees at five of the six major listed independent investment banks — Evercore, Lazard, Moelis, Perella Weinberg and PJT Partners — together jumped 21 per cent in the first quarter of 2024, relative...
...$2.1bn investment in tourism, arts and heritage; a large Sofitel hotel has already appeared nearer to the city and, flagging its intentions of becoming a cultural destination, Benin is about to make its first...
...Friday’s Office for National Statistics figure for quarter-on-quarter growth compared with the 0.4 per cent forecast by both the Bank of England and economists polled by Reuters....
...President Cyril Ramaphosa described the poll, in which the governing African National Congress could lose its majority for the first time since the end of apartheid, as a “celebration of our democratic journey...
...Italy and Spain are the first and second-largest beneficiaries of the fund....
...It was “not surprising” that Brazil was the first emerging market to start cutting because the Latin American nation’s rates remained relatively high in real terms, giving the country’s central bank “policy...
...First, it has been propped up by large capital investment from the EU’s €800bn recovery fund....
...Porto Alegre, which is home to 1.3mn people, has been one of the places worst affected after the Guaíba river broke its banks and flooded the city....
...Chart du jour: House price divergence European house prices fell for the first time in a decade last year, as declines in many northern EU states offset strong growth in some eastern and southern countries...
...Because a company can file bankruptcy in whatever district any one of its dormant shell company affiliates first files bankruptcy....
...Economic data: Mexico’s national statistics agency INEGI reports inflation data for April....
...It is the first time a Speaker has stepped aside since South Africa became a democracy three decades ago, and comes as the ANC risks losing its majority for the first time amid voter anger at high unemployment...
...Argentina’s central bank has put the country’s first 10,000-peso notes into circulation, in a long-awaited step to streamline the nation’s cumbersome use of large heaps of cash following the collapse of...
...The moves came after the Swiss National Bank became the first major central bank to start easing monetary policy as it unexpectedly cut its headline interest rate by 25 basis points to 1.5 per cent....
...Inflation in Spain fell in line with forecasts to 2.9 per cent in February, taking it back below 3 per cent for the first time in six months....
...The first mass-produced wingsuit was released a year later....
...This year more than 55 national pavilions have already been announced, including for the first time Ethiopia, Tanzania and Timor-Leste, and there are 331 artists in the main exhibition — a third more than...
...The European Central Bank has announced its first annual loss for almost two decades, prompting policymakers to carry forward an annual deficit to offset against future profits for the first time....
...But the Fed was not the only central bank that markets deemed surprisingly dovish. Two days before the Fed, the Bank of Japan wrapped its first interest rate increase in 17 years in dovish packaging....
...It beat the 0.4 per cent forecast by the Bank of England and economists polled by Reuters....
...The ruling on Tuesday is a blow to the governing African National Congress, which Zuma deserted last year to help form a rival party called uMkhonto we Sizwe (MK)....
...He pointed to the tentative recovery in Europe, which is particularly reliant on trade, with southern countries benefiting from a rebound in tourism....
...In this blog for the European Central Bank’s website, four economists — Klaus Masuch, Wolfgang Modery, Ralph Setzer and Nico Zorell — suggest that not much has changed....
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