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...By contrast, CDFIs and credit unions managed more than $150bn in the US in 2019, according to a report by social impact investor Big Society Capital, which is also backing the fund....
...Local council and European polls on June 7 will be Harris’s first electoral test, with Fine Gael projected to lose seats....
...chain had also agreed to allow customers to tip workers with credit cards at unionised stores for the first time in a “sign of good faith.”...
...This marks the first time that European ETF investors have favoured “junk” bonds in their home market over the US since 2019....
...However, there were also signs of banks starting to stabilise the availability of credit to the economy in the first three months of this year, following a four-year tightening period, as they cut the cost...
...Back in March 2022, EU leaders committed to set deadlines for phasing out export credit to fossil fuels by December 2023....
...Reinhardt’s warning reflects widespread hope in his industry that governments could start requiring companies to buy carbon removal credits. If this happens, the EU looks the most likely first mover....
...If the Reagan‑Thatcher revolution was about crushing union power, the pendulum seems to be shifting in favour of labour. Unions are changing too....
...Mortgage lending fell 0.1 per cent, the first decline for nine years. Corporate lending also slowed to 0.2 per cent....
...Unions are what “cuts into that gender pay gap,” argued Liz Shuler, the first woman president of the AFL-CIO union federation, as part of her “State of the Unions” speech last August, ahead of Labor Day....
...Their strong performance has come alongside a weakening in northern economies....
...In contrast with many of his predecessors, Macron’s government hit deficit targets for the first four years of his first term that began in 2017....
...Hunting down the handouts First, the one that matters....
...European house prices fell for the first time in a decade last year, as strong growth in the property markets of some eastern and southern countries was masked by declines in many northern EU states....
...Both union and corporate leaders credit the system with a low level of strikes and believe it is crucial for the success of Sweden, a country of 10mn people and home to manufacturers such as Volvo Cars,...
...That is the first annual decline in corporate lending since 2015, when Europe was still emerging from a major debt crisis....
...But once these artifices were no longer possible with the process of convergence towards monetary union, GDP stopped growing....
...The international framework first sketched out under Article 6 of the 2015 Paris agreement was meant to help expand the roughly $2bn market in carbon credits between companies into a key source of finance...
...Brexit in numbers Next week, the new East-West council promised in the Safeguarding the Union deal will meet for the first time....
...Finance ministers are rarely ecstatic when their credit rating is being slashed....
...Both sides credit this for a lower level of strikes than in many less unionised countries in Europe such as Germany and France....
...Annexed by the Soviet Union in 1944, the three nations regained their independence in the early 1990s....
...Much of the credit for the latest squaring the circle goes to Chris Heaton-Harris....
...“But we should remain proportionate going forward given an economy that has stagnated for 18 months, risks to the economic outlook that are skewed to the downside, and credit conditions that are in restrictive...
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