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...Europe’s consumers and businesses are more dependent on short-term commercial bank financing than in the US, which draws more heavily on long-term interest rates and capital markets for financing....
...Karen Barr President and Chief Executive, Investment Adviser Association Washington, DC, US...
...But it is unlikely banks would broach this sensitive topic as long as the BTFP is open....
...In such a scenario I would be more inclined to add bonds with inflation index-linked returns to my portfolio rather than long-term government bonds or risk assets....
...Kennedy, a scion of the famous Democratic family, is the son of Robert F Kennedy, who was assassinated in 1968 while running for the party’s presidential nomination, and the nephew of John F Kennedy, assassinated...
...So long as this demand resilience does not lead to reaccelerating inflation, cash rates are unlikely to rise much further but would stay elevated....
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...“Today we accompany that long-term security agreement [with Kyiv] with a long-term funding agreement as we commit to provide at least the same level for the rest of the decade, or as long as required,” said...
...The debate over using western weapons to strike Russia is likely to intensify as some Nato allies begin to ship F-16 fighter jets to Ukraine....
...“The United States will soon begin training Ukrainians to fly and maintain F-16 fighter aircraft in support of the international effort to develop and strengthen Ukraine’s long term defences,” Pentagon press...
...The tone is still essentially pastiche, though — in the trailer we see an angry Karen wielding hammers in a sundress, a naked guy chased through a gas station by cops and a billboard for antidepressants...
...We are here for the long term,” he added....
...Karen McKee, the head of product solutions for ExxonMobil, one of the world’s largest producers of plastic, told the Financial Times: “The issue is pollution. The issue is not plastic.”...
...The Netherlands and Denmark confirmed plans to provide Kyiv with more than 40 multipurpose F-16 fighter jets, Ukrainian president Volodymyr Zelenskyy said after visiting both countries....
...Telecoms bosses have long argued that their sector should be an exception. They increasingly appear to be right....
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...Robert F Kennedy Jr, the most popular independent candidate, has more than 10.5 per cent, while Cornel West and Jill Stein are each on about 2 per cent, according to a RealClearPolitics average....
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...“I’m surprised when investors are still so nervous about rates staying high,” said Karen Ward, chief markets strategist for Europe at JPMorgan Asset Management....
...“There is progress on the F-16 issue....
...The figures marked a reversal of a long-term decline in overdue payments and the highest share since the final quarter of 2016, when it stood at 1.24 per cent....
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