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...The fall of one of Myanmar’s busiest border trading towns to rebel forces in recent days has put further pressure on the military regime as it grapples with a relentless insurgency across the country....
...The town of 211,000 people, sandwiched between Liverpool and Manchester, is by one measure the most highly leveraged council in the country, according to the most recent government data, with borrowings...
...One good read American big-box store sells lots and lots of small bits of metal....
...To mark this moment while it doesn’t yet feel like a mistake, we’ve added a festive Jerome Powell-themed design to our Redbubble store: — Jerome Powell, Christmas Saviour (black text)— Jerome Powell, Christmas...
...After Hamas’s assault, Sderot became a ghost town. More than 90 per cent of its population of 30,000 was evacuated, mostly to hotels in Jerusalem and Tel Aviv....
...of it.”...
...year, down from its 23-year high of 5.25 per cent to 5.5 per cent....
...The Fed previously indicated that it intended to cut rates from a 23-year high of 5.25-5.5 per cent this year, but the timing of the first move is now being debated amid signs of persistent strength in the...
...The $3.5bn deal reportedly attracted north of $35bn of orders, more than twice the amount of AT1 securities destroyed by the Swiss authorities....
...But Arpa had fallen out with Romain Jerome’s shareholders the previous year, leading to an extended period of litigation that threatened to leave him broke....
...However, the pace of those cuts could yet be scuppered by a new bout of inflation....
...“They may go down as one of the most effective central banks when the history books are ultimately written.” The Fed was not the only game in town this week, however....
...Inflation of some goods and services prices remains sticky. Petrol costs, Americans’ most visible gauge of price pressures, have risen 15 per cent since the start of January....
...Powell’s comments will add to hopes the Fed is at last preparing to ease monetary policy after months of holding rates at a 23-year high of between 5.25 per cent and 5.50 per cent — part of its quest to...
...While This Town diligently creates a sense of time and place, it often struggles to cohere as a story or captivate as a human drama....
...Although his term as chair of the Fed ends in 2026, his term on the board of the central bank lasts until 2028....
...I would like to highlight a comment from Olivia Barrett, founding director of LA’s Château Shatto on the creation of Melrose Hill....
...some point over the course of 2024....
...One of the hit shows at Paris Fashion Week was the debut of Chloé’s new creative director Chemena Kamali....
...Excepting index options, Tesla has been the most active corner of the US equity options market for several years, at times accounting for half of all US options tied to the stock of a single company, and...
...Economists polled by Bloomberg are forecasting a year-on-year fall of 0.5 per cent, slightly higher than December’s fall of 0.3 per cent....
...The area’s stock of generously proportioned town houses on garden squares, walkable from a handful of independent schools, helped its average price outpace prime central London during the pandemic-era race...
...“Barring some kind of exogenous shock, this removes the possibility of a rate cut in March,” said Simons of the labour data. “A cut in March would be unthinkable.”...
...They have also garnered the support of Republicans in the House, who called on the heads of the Federal Reserve, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency...
...Peter Hughes, Welsh secretary of trade union Unite, agreed that the towns of Ebbw Vale, Llanwern and Bryngwyn — all of which lost steel plants at the turn of the century — had set the template for what would...
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