Hints and tips:
...Curt Covington, a senior director at AgAmerica Lending, a credit provider to farmers, says wage pressures remain high in states such as California, where the statewide minimum wage has risen by another 50...
...Yesterday, UBS agreed to take over its competitor Credit Suisse for $3.25bn....
...Marina became the first person from her community ever elected to the federal senate and built support for sustainable development in the Amazon region....
...The gap between the rural Georgian farmer who grew up without shoes and the Boston aristocrat is a faultline that still hobbles the Democratic party. Biden is on Carter’s side of it....
...Its $440bn credit arm makes more business loans than some midsize banks, making it not so much an investment outfit as an alternative financial system....
...He wants the rich to donate their tax credits to eviction charities....
...Plus, S&P to review the UK’s credit rating AA (negative outlook); Moody’s to review the UK’s credit rating....
...Federal Reserve chair Jay Powell, World Trade Organization head Ngozi Okonjo-Iweala and Bank of England governor Andrew Bailey are among the top drawer list of speakers....
...The EU gets half its corn from Ukraine and a third of its fertiliser from Russia, while surging energy prices have added to the problems faced by European farmers....
...It is an image of the corporate cavalry coming to the rescue while federal authorities faltered....
...series hosted by the Federal Reserve Bank of Dallas....
...The federal government plans to build in 19 storage sites for protective equipment such as masks and ventilators....
...As AG Bisset Associates wrote in a recent investor note, farmers in the 1920s using new technology such as tractors bought on credit were able to churn out more and more food, and a big surplus developed...
...The quickest path to make sure that banks keep credit lines open, runs through the Federal Reserve....
...The point of taking action is “to prevent the supply disruption triggering a doom loop” of weaker supply that in turn leads to lower spending, said Roger Farmer, professor of economics at UCLA....
...This month the Stoxx Europe 600 Banks index and the Dow Jones Bank Index of US lenders have each lost more than 40 per cent, while the cost of insuring bank debt through credit default swaps has soared....
...Relative forward P/E of software v semis, commercial & professional services v capital goods and C&P v transportation Bank of England stuck on hold — On Thursday there was consensus among UK policymakers...
...Letter in response to this article: Turbine blade waste is going to escalate / From William V Slade, New Rochelle, NY, US...
...Both of the country’s biggest banks, Credit Suisse and UBS, told the FT that staff would have to take leave if they wanted to take part....
...Tomorrow markets will be scrutinising the Federal Reserve meeting minutes for January. Investors anticipate discussion about when the balance sheet contraction halts....
...Mexico is a relatively young democracy with historically weak institutions including a corruption-riven judiciary and powerful, politically-motivated unions....
...It will take the form of either direct cash payments to farmers or the purchase of products for use by food banks, and be administered via the New Deal-era Commodity Credit Corporation, which was established...
...Joseph Simons, the chairman of the Federal Trade Commission, has pledged “vigorous” antitrust enforcement, including hearings later this year on competition and consumer protection....
...Liikanen remains a probable alternative and would also be a good leader for the ECB for many of the same reasons as V. de Galhau....
...A halt to new credit is bad but the flight of pre-existing debt is worse. It also helps isolate public finances from private instability....
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