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Vale SA
Vale faces £3bn legal action over 2015 Mariana dam disaster
...almost 1,000 businesses and seven municipalities....
March 19, 2024
Greensill Capital
Greensill misled German regulator on insurance deal, IAG claims
...While most of these depositors were covered by an insurance scheme, €500mn held by municipalities was not covered....
November 6, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News updates from April 3: Iger defeats Peltz in Disney proxy war; Eurozone inflation falls to 2.4%
Semiconductor plants evacuated as quake jolts eastern Taiwan
...Train services were suspended and New Taipei, the municipality surrounding the capital, suspended school and work for the day....
April 3, 2024
News updates from March 19: Bank of Japan ends negative rate era; Microsoft hires DeepMind co-founder
Far-right Austrian banned from Germany
...The municipality of Potsdam applied for the nationwide ban on his return to Germany after news of the meeting became public in January. https://twitter.com/Martin_Sellner/status/1770087420697989431...
March 19, 2024
Turkish politics
Turkish authorities yield to protesters over local election
...The decision came after Istanbul mayor Ekrem İmamoğlu, a member of the CHP, fended off a vigorous attempt by the AKP to seize back control of the broader municipality....
April 4, 2024
Gardens
Are you ready to try bokashi composting?
...In the Rangárvallasýsla municipality of Iceland, the start-up Melta has collaborated with the local waste management facility, the council and a voluntary group of households, who have been using the bokashi...
February 23, 2024
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
Municipal bonds
Municipalities aren’t going to drive US economic growth
...This is interesting for a couple of reasons. The first and rather abstract one is this: municipalities’ hesitation to spend is at least partly structural....
July 11, 2023
Taiwan
Taiwan hit by strongest earthquake since 1999
...More than 350 of the injured were in Taipei and New Taipei, the municipality surrounding the capital, where school and work were suspended for the day....
April 3, 2024
Climate change
Climate change failings violate citizens’ rights, European court rules
...A third case brought before the court by Damien Carême, a Greens party member and former French mayor of the Grande-Synthe municipality, a low-lying north-eastern coastal area vulnerable to sea rises, was...
April 9, 2024
Israel-Hamas war
Israelis turn on peace activists amid trauma of war
...Within weeks, the local municipality fired him and complained to police. The education ministry suspended his teaching licence....
April 2, 2024
Greensill Capital
German rating agency fined €2.2mn for Greensill-related breaches
...While the bulk of Greensill Bank’s €3.5bn deposits were covered by an insurance scheme, the collapse inflicted severe losses on a number of small towns and municipalities who had about €500mn of uninsured...
March 28, 2024
McKinsey
McKinsey pays out another $230mn to settle opioid cases
...Thousands of lawsuits from municipalities, school districts, tribes, parents and others were consolidated into a class action complaint heard in the federal court for the Northern District of California....
September 27, 2023
Climate change
Portuguese Gen Z and Swiss boomers await pivotal court rulings on climate change
...The third case involves a former French mayor of the Grande-Synthe municipality, a low-lying north-eastern coastal area vulnerable to sea rise....
April 8, 2024
Global migration
Colombian ferry strike halts migration to US via treacherous border crossing
...“As a municipality, we’re calling for opportune decisions to be taken to avoid a build-up of people that could cause public order problems,” Johann Wachter Espitia, the government secretary for Necoclí,...
February 29, 2024
Gönül Tol
Election reverses show Erdoğan is more vulnerable than he thinks
...The CHP not only added to the municipalities it gained five years ago, but it also became the country’s most popular party in terms of total votes — a first since the party’s heyday in the 1970s....
April 1, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
South Africa
South Africa’s infrastructure crisis deepens as Johannesburg taps run dry
...South African municipalities also owe the country’s water boards almost R18bn ($959mn), hampering their ability to carry out upgrades....
March 15, 2024
Sustainability
European business schools dominate in sustainability awards
...They calculated that Texas legislation in 2021, prohibiting municipalities from contracting with banks with certain ESG policies, led to the exit of five of the largest municipal bond underwriters from the...
January 15, 2024
The FT ViewThe editorial board
The painful reset in commercial real estate
...Municipalities can also help by convening with developers, architects and planners to ascertain what is possible, and what additional infrastructure may be needed....
February 15, 2024
Day three of Israel conflict as it happened: Total death toll tops 1500; Israeli defence minister orders siege of Gaza
Netanyahu promises ‘to change the Middle East’
...Benjamin Netanyahu spoke to leaders of local authorities in Israel’s southern region on Monday, including the rabbi of Sderot municipality, where some of the fiercest fighting has taken place between Israeli...
October 9, 2023
German economy
Scholz vows to cut bureaucracy as economic woes mount
...Scholz on Wednesday called for a “Germany pact” between the government in Berlin, federal states, municipalities and the opposition to re-energise the country amid deep gloom about sluggish economic growth...
September 6, 2023
Lamia Kamal-Chaoui
Local government holds the key to rebuilding Ukraine
...Second, Ukraine’s municipalities have helped subnational governments to keep vital services going despite extraordinary pressure....
September 6, 2023
Climate change
Climate change was big driver of historic Amazonian drought, study finds
...More than 60 municipalities in Amazonas state were placed in a state of emergency at the height of the drought in the closing months of last year, with the local government rushing basic supplies, including...
January 24, 2024
Energy sector
Anything can be a PFASt-growing industry
...Smaller landfills, typically owned by municipalities, are likely to struggle and be at a disadvantage in contending with emergent contaminants like PFAS (due to more limited knowledge, resources, and funding...
January 24, 2024
News in-depthGermany
Germany’s robotic stores must rest on Sundays, too
...New teos were often celebrated with a village party, and “we are getting more requests to open now ones from municipalities than we can satisfy,” Stäb said....
April 5, 2024
Kosovo
Siege of Serb monastery in Kosovo ends after militants withdraw
...Vučić called for the help of the international community to help establish an Association of Serb Majority Municipalities, a long-sought autonomy institution for Serbs in Kosovo....
September 24, 2023

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