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...Further easing home purchase restrictions in mega cities, additional cuts in mortgage rates and minimum down payments, and further relaxation of the hukou system (household registration) in cities with more...
...Soldiers will be exempt from some interest charges and penalties for non-payment of loans, and they will also get one-off payments towards their mortgages, among other bonuses....
...Details/registration here....
...Both union and corporate leaders credit the system with a low level of strikes and believe it is crucial for the success of Sweden, a country of 10mn people and home to manufacturers such as Volvo Cars,...
...unions have stopped cleaning its premises in sympathy with a strike that started in late October among mechanics at its repair centres over the carmaker’s refusal to sign up to the collective bargaining system...
...If a multinational such as Tesla can avoid a deal, they fear, others might do the same, undermining a bargaining system that has existed since 1938. The stakes are high for Tesla, too....
...Erik Thedéen, governor of the country’s central bank, has declined to comment on the dispute itself, but told the FT last week: “I do not think the collective bargaining system will be dependent on the outcome...
...Airbnb added that it “welcomes the progress of national short-term rental rules in Italy, including the Italian national registration system and EU wide data sharing framework”....
...“A similar picture can be seen across the country as a result of systematic weaknesses in the housing system and failure to address this at a national level,” the council says....
...question is much bigger for the union movement because if they cave for Tesla then we will have to cave for the next one as well, then the next one, then in the long run there will be no collective bargaining system...
...The JPMorgan banker-turned-exchange boss turning noodles into securities In modern capitalism, you can securitise all sorts of things — mortgages, the loans backing private equity buyouts, car loans, even...
...Comparing 2019 with 2022, business registrations were roughly level in Manhattan, but elevated in the Bronx, Harlem and Brooklyn....
...Faster urbanisation will depend on further reform of hukou, China’s tightly controlled household registration system that entitles certain urban residents rights to city services....
...These failures cannot necessarily be blamed on individuals, the IMF stresses; instead, the real problem is the system as a whole....
...The world’s largest money manager has used generative AI to construct a “co-pilot” for its Aladdin and eFront risk management systems....
...City-level regulatory measures could include quotas on the number of units devoted to short-term rentals, or a permit system allowing landlords to rent properties to tourists for fixed period, before requiring...
...Citi says it serves 700 law firms and 50,000 lawyers in the US and Britain, providing services that include favourable mortgage rates....
...Jason Calacanis saved the financial system....
...That’s a lot of yield coming into the system! And investors don’t have to go out on the yield curve; you can stay in the front....
...And the riskiest business to be in was subprime mortgage. So Citi ran right into it....
...“I stand to lose my house if I can’t make my mortgage payments. I’m terribly worried about where I go from here.”...
...According to OryLab Inc, which runs the café, the goal is to use technology to achieve a new form of social participation....
...When the US financial system trembles, and access to short-term dollar loans starts looking unsure, nabbing any dollars you can find is rational, so that you won’t default on your own debts....
...If there is a pathway, it might be that Coinbase is being sued “only” for violating securities laws registrations....
...But as long as the US banking system remans under pressure it will be hard for the current nervousness to pass....
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