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...“A procedure is currently under way in front of an independent court to scrutinise the legality of several investigative actions,” the office added. The federal police declined to comment....
...“[The federal government] spent way too much money coming out of the pandemic,” he said....
...The attorney-general’s office added Knight’s management had been “found by federal authorities to have operated affiliated companies within KSIC’s holding company structure in violation of federal law on...
...“And problems in the private credit market caused by the bad players can leak on to the good ones, even though private credit money is locked up for years,” Dimon said....
...I snapped and wrote about the lasting and pernicious effects of her period in office....
...Dennis Fan, a lawyer for the attorney-general’s office, argued that the former president could piece together a series of smaller bonds, or use his real estate portfolio to secure bank credit that could...
...The two German-Russian nationals were detained in raids on Wednesday morning by police special forces in the town of Bayreuth, south-east Germany, according to the federal prosecutor’s office....
...Some economists seem to believe that the demand for a sovereign’s money is infinite: so long as there is some slack in the economy, the government can keep printing....
...“It’s every single federal agency that uses administrative law judges.”...
...If the Reagan‑Thatcher revolution was about crushing union power, the pendulum seems to be shifting in favour of labour. Unions are changing too....
...Nominal credit card debt hit a record $1.13tn in the last three months of 2023, growing at one of the fastest rates in more than 20 years, according to the New York branch of the Federal Reserve....
...As a consequence of these issues and many others, some governments in Africa have rejected the credit rating agencies’ assessments....
...Hundreds of thousands of workers in Argentina will hold a strike this week against libertarian President Javier Milei’s economic reforms, a union leader has said, accusing the government of “breaking the...
...In contrast, the strength of the US economy and high levels of government spending relative to taxes could persuade the Federal Reserve to keep interest rates high for some time, say investors, which could...
...Here’s more from the FT analysis of federal campaign data....
...A multibillion-dollar credit line from China tapped by the previous government has not been renewed since Milei’s election, according to local media....
...Biden suggested in his State of the Union speech that these have shrunk; Mars, the maker of Snickers, denies that. This war of words makes for colourful debate....
...President Joe Biden had raised the issue in his State of the Union speech in February....
...changing behaviour,” the BPI and the American Bankers Association said in a joint submission to the Federal Reserve, the Federal Deposit Insurance Corporate and the Office of the Comptroller of the Currency...
...The government sends its policy plans to the independent Office for Budget Responsibility, which forecasts how the resulting public finances measure up against a set of fiscal rules — established by the...
...Argentina’s chronic high inflation stems largely from previous governments’ reliance on money printing to finance spending — a practice Milei railed against on the campaign trail....
...Fitch downgraded France’s credit rating in April, citing the risks of high government debt and opposition to Macron’s reform agenda....
...Half of the €10bn cuts will come from government ministries, such as spending less on hiring, procurement, travel and offices, while the rest will come from scaling back programmes including subsidies for...
...“I do not think that there is any problem regarding the losses other than the fiscal effect for the federal government.”...
...Biden has promised homebuyers a tax credit worth up to $400 a month for the next two years — though such a measure would require congressional approval....
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