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...Britain’s export licence deferral system was set up in 1952 precisely to halt the exodus to the US of great art....
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...That’s because governments with their own currency — like Britain’s — can literally make up new IOUs to repay bonds....
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...The writer, a former secretary of state for culture, media and sport, is vice-chancellor of University of the Arts London In the late nineties, Britain banished gloom and pessimism to rebrand as Cool Britannia...
...The costs, lengthy timeframes, and potential risks of nuclear power mean the pool of potential investors is limited, with sovereign wealth funds or state-owned companies playing a large role in the industry...
...Flows into sovereign bond ETFs, which had dominated earlier in the year, fell to $31.9bn in Q4, their lowest figure since Q1 2022....
...Most common psychedelics remain controlled substances in the US, although this does not prevent state-by-state decriminalisation and is not considered a barrier to FDA approval....
...What makes this particularly sad is that the great universities are one of the UK’s success stories. World rankings show Britain boasts more top rated institutions than the rest of the EU put together....
...“It’s great they make money for our retirees — who are teachers and for other funds,” he said....
...That’s . . . not great, even if the leverage is lower these days....
...Sure, the war in Israel and Gaza has intensified, which isn’t great mood music for investors. But the funds I own are still shuffling to their own beats for now....
...Zakaria dates the birth of the liberal nation state to the 16th-century Netherlands, which is where his book begins....
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...But while its founding statement of values emphasises the “sovereign integrity of the nation state”, it eschews hardline Euroscepticism of the kind espoused by the RN, for instance, and instead propounds...
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