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...authorize the United States Department of Justice “to attend to the interests of the United States” by “argu[ing] any case in a court of the United States in which the United States is interested.” 28 U.S.C...
...government....
...Commended Baker McKenzieO: 8; L: 7; I: 7; Total: 22Led by partner Kammalard U-rapeepatanapong, the firm’s Thailand office has done pioneering work on digital assets in the region....
...Lloyds FY; Nvidia FY; Stellantis FY; Baidu Q4; Danone FY; Ebay Q4; Garmin FY; Etsy FY; Domino’s Pizza Q4; Rio Tinto FY Thursday UK, Keynote speech at the Resolution Foundation in London by Catherine L...
...Financial markets have stabilised for now, but there’s a downside as part of this U-turn on tax cuts. The government is also slashing a plan to protect consumers from rising energy prices....
...Spanish U-turn: The country’s leftwing government has backtracked on a high-profile levy on electricity companies’ “excess profits” after the sector said the measure put future investment at risk....
...OECD secretary-general Ángel Gurría thinks the valley is “more like a U”. UK national statistician Ian Diamond can even see a cliff edge in the form of an “L”....
...“If we had to make a bet today, we would say that it’s not going to be a V-shaped recovery, and it’s probably not going to be U or an L, but it’s going to be some other kind of shape,” said Carlos Rodriguez...
...Hence Total S/H return will remain low considering low L-T ROE generation....
...The length of the ‘tail’ varies from highly consolidated markets (like US) to much broader markets like Asia....
...One mystery here is the identity of the investment consortia buyers, “Gemstone Investment Holding Ltd” and “Allied Cigar Corporation, S.L”....
...“China’s economic trajectory will be “L-shaped”, rather than “U-shaped”, and definitely not “V-shaped....
...Q4 2019 u/l PBT beat “rebased” consensus expectations by £111m (13%), though the outlook statement is somewhat sobering. ......
...If so, that will change the revenue outlook for these companies and force wider focus on the “S” and extra “E” among mainstream investors....
...The U.S. government assumes that a pandemic will last 18 months or longer and could include multiple waves of illness....
...V, U, or L? The nature of Covid-19 growth impact means that some elements – e.g., production resumption, inventory restocking, and travel normalisation – would lend a natural rebound to growth....
...If we assume that ISM ends the year at 50 and spreads fall marginally, then S&P 500 fair value is 2,700....
...But, on a year-on-year basis, their forecast for US growth shows -11% in Q2, -8% in Q3, and -5% in Q4, which clearly qualifies as U-shaped....
...Given our view of a lower rate of u/l FCF, we think the release of LT deposits has been required to replenish lower 1H inventories in 2H and service ST debt....
...Demirgüç-Kunt, L. Klapper, D. Singer, S. Ansar, and J. Hess. The Global Findex database 2017: Measuring financial inclusion and the fintech revolution. World Bank Group, 2018....
...“We are recommending our clients hold gold, cash and long-dated government bonds to hedge against equity volatility....
...(FT, SBS, NYT) Video of the day Trump’s Huawei U-turn FT Washington correspondent Kiran Stacey explains where the latest policy reversal leaves the tech group. (FT)...
...This time, however, economists talk about a U-shaped or even an L-shaped scenario due to the debt burden on the banks....
...So far, his government has made a targeted U-turn in response to the gilets jaunes, cancelling a planned increase in fuel duty....
...In my first book, High Rollers: Inside the S&L Debacle, published in 1991, I wondered whether America’s apparent 1980s prosperity had only been borrowed and would implode as the S&Ls had done....
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