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...“The claim that Nadhim was instrumental in securing approval is little more than flattery from GFG in an overwritten letter from their PR team.”...
...So unlike stocks where you’re giving money to a company and getting part-ownership in that company, a bond is essentially the way a government or corporation raises money. So it’s more like a loan....
...Her son was completing his education at a $40,000-a-year high school....
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...’s successful bid to offer taxpayer-backed Covid loans....
...Every single subsidy that built the middle class, whether it's the homestead loans, the farm loans, the New Deal, mortgage, student loans, all of those - not accidentally but explicitly - exempted certain...
...BM: You’ve talked a little bit about how young people got seduced by this. What can investors do to protect themselves? SB: There needs to be more financial education....
...Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...So Starbucks executives rattled off plans to encourage customers to tip baristas and programmes to help staff pay off student loans....
...There is little sign that this government has done much serious thinking about the fairest way to share the pain. Hitting students and workers, the young not the old, is political....
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...V. A month in, the occupation in Zuccotti Park — or Liberty Plaza — was becoming more permanent. Problems were emerging too....
...As a reminder that many still fall short, here’s a little grit in the ESG oyster....
...Fatou’s savviness about spendthrift consumerism is striking but her antipathy to debt might have a downside too: without student loans, a university education is impossible in many countries these days....
...She had just paid off her motorcycle loan and was planning a vacation with her parents with a bonus she expected to receive from her employer. And then the coronavirus pandemic hit....
...Jack Ma stuck out his head a little too far. Hence, the consequences.” Xi backs the state Such an interpretation fits with China’s emerging zeitgeist....
...Capita has said is auctioning its education software business....
...Some found the restrictions too prohibitive and could not risk having to pay back the loan within two years....
...In its downgrade note this week, Fitch described the currency move as too little, too late....
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
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