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...Equipment that is no longer needed by the South Korean producers of cutting-edge chips for smartphones and artificial intelligence systems can be refurbished and reinstalled in Chinese facilities, usually...
...financial system.”...
...In the long run, this dysfunction could undermine Euroclear’s position as a core part of the global financial plumbing....
...In reality, a resumption of the currency wars of the 2000s and 2010s is unlikely to do much to reduce the US deficit nor undermine the dollar’s global role in bank funding, payment systems and reserves....
...Paul Hastings has hired Alexander Temel as global co-chair of the firm’s private equity practice. He previously worked for Sidley Austin....
...Medical care was driven by strongly rising prices for hospital services (up 1.2 per cent in March), likely reflecting big recent wage increases at major hospital systems....
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...In October, Lloyd’s of London warned that a significant cyber attack on a global payments system could cost the world economy $3.5tn....
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...Fitch’s rating system “failed to effectively anticipate the positive role of fiscal policies in promoting economic growth”, the ministry said....
...Roughly half of global gig workers now belong to a formal group or union, or have taken part in industrial action, a 2021 survey of nearly 5,000 workers found....
...The argument runs along these lines: $12bn of inflows has been chasing a scarce asset that will only get more scarce after this month’s quadrennial “halving” event in the bitcoin system, when the rewards...
...If the Fed still does quantitative tightening and reverse repo balances go down to zero in May and June, you can have things go wrong in the plumbing of the financial system, in the regional banks, in commercial...
...If found guilty of non-compliance, companies face hefty fines that could amount to up to 10 per cent of their global turnover....
...Do also read the great John Plender’s essay on the overlooked threats to the global financial system....
...According to the UN, Tether is also increasingly becoming a conduit for money launderers and fraudsters to move funds outside the global banking system....
...It points to the high price of smartphones, the grip Apple has over app distribution and lack of access it provides to the iPhone operating system....
...J chief executive Joaquin Duato said the acquisition provided “a unique opportunity to accelerate our impact in cardiovascular intervention and drive greater value for patients, shareholders and health systems...
...It will allow users in Europe to access rival app stores and payment systems on smartphones and tablets, for example, in a process called sideloading....
...In the background, the pipes and plumbing that make this possible have grown increasingly complicated and fragmented....
...’s current detection system....
...Fink’s letter raised issues more than it suggested concrete solutions, but he wrote that Japan had found ways to encourage people to stay in work longer and that Australia’s national retirement savings system...
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