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...Zambia’s limbo was an “indictment” of the global system for sovereign debt restructuring, Hichilema told the Financial Times last week, as he pushed creditors “to just walk the extra mile and close this...
...But as passenger revenue per mile comes down amid stiffer competition, with regional airlines adding more flights, this could offset higher passenger traffic for the rest of the year, he said....
...There are signs relief from price pressures are broadening out....
...Even the cases that did not seek international relief — Turkey and Nigeria — were compelled to rethink....
...“If the largest creditor has signed through the global system . . . it means we have resolved with China,” he said....
...A round-trip flight from London to San Francisco, for example, emits more per person than a car does in a year....
...Reza Baqir Former Governor, State Bank of Pakistan (2019-2022); Global Practice Leader of Sovereign Advisory Services, Alvarez & Marsal, Dubai, United Arab Emirates...
...UK inflation has fallen more than forecast to 3.4 per cent, the lowest since 2021, indicating that summer interest rate cuts remain on track and providing relief for Rishi Sunak’s embattled government....
...The minimum wage was about 70 per cent higher in real terms than at its inception in 1998, the LPC said, while median hourly pay is no higher than at the onset of the global financial crisis in 2008-09....
...So she was surprised to feel a sense of relief last year when the airline delivered the news all frequent flyers had dreaded....
...Somalia is set to receive significant relief of its international debts, allowing a country battered by civil war, terrorism and near economic bankruptcy to rejoin the global financial system after an absence...
...Harbers said the decision was “a bitter pill to swallow” for the environment, but the global airlines lobbying group IATA said it was an “outbreak of common sense”....
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...Expert writers in four global financial centres provide informed, timely opinions on capital trends and big businesses. Click to explore...
...The crash came just weeks after the US-based Flight Safety Foundation issued a global warning over the rising risk of planes entering runways in error....
...It’s tough to tell just how much support fiscal policy has given the global economy, however, because data in general has been puzzling since Covid-19 relief, he adds....
...Turkey’s central bank surprised economists and investors on Thursday with a big rate rise as policymakers seek to cool runaway inflation and halt an accelerating capital flight among local savers....
...Finally, the recent appointment of Stephanie Pope, former head of Boeing Global Services, as COO brought speculation that the 66-year-old Calhoun is preparing his succession....
...Maduro’s vice-president Delcy Rodríguez rejected what she termed a “crude and inappropriate blackmail and ultimatum” and threatened to halt deportation flights and review all existing co-operation....
...Two models of its jets, the C919 and ARJ21 made flights outside of mainland China to Hong Kong in December....
...The Bulgarian economist’s first term at the IMF has been characterised by the need for pandemic relief and support for Ukraine....
...A Japan Airlines-operated Airbus A350 was landing when it struck a smaller De Havilland Dash-8 Japan Coast Guard aircraft, which was preparing to deliver emergency relief supplies to regions of western Japan...
...When my flight landed in Taipei over the weekend, a wave of relief washed over me. I finally felt a sense of “mission accomplished” after a frenetic week....
...John Strickland, an aviation industry consultant, said several other trends could have hit global flights bookings, including inflationary pressures on consumers....
...They have now expanded production and sell fully furnished homes for £14,500, hoping to fight the housing crisis in Ukraine and beyond. homers-global.com QuickblockA Scottish start-up, Quickblock has created...
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