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...“It’s the continual battle to try and ‘fix’ the systems for a type of transit and location that prospered under a different [EU single market] border system,” they added....
...There is ample research to support what the World Bank concluded in 2016: “Countries with better-developed financial systems tend to grow faster over long periods of time.”...
...It provided a relatively liquid, stable asset that could be used outside global payment systems (notably Swift) and historically had performed well in periods of heightened uncertainty....
...Right from the very start of deployment of the system, there were bugs, errors and defects, which were well known. To all parties,” Patterson said....
...Fujitsu knew of defects within the Horizon system at the centre of the UK Post Office scandal from its inception, according to a senior executive....
...system....
...“We were involved from the very start, we did have bugs and errors in the system and we did help the Post Office in the prosecution of sub-postmasters,” Patterson said....
...’s faulty Horizon IT system....
...Fujitsu executives including former chief executives Duncan Tait and current Europe chief Paul Patterson will give evidence....
...At a parliamentary committee hearing on Tuesday, Patterson told MPs: “We were involved from the very start, we did have bugs and errors in the system and we did help the Post Office in the prosecution of...
...Still, some of those systems have endured repeated damage without catastrophe....
...“It’s about absolutely overloaded conventional operators” for freight in particular, Kupka said, warning it would potentially hurt the functioning of the EU’s single market....
...faults in the Horizon system from the start....
...The attack was detected on Friday and forced DP World to shut off its systems. Fears of a prolonged shutdown raised concerns over a supply chain shock and increased inflation....
...Because the global container system is so interconnected, prices are spiking elsewhere, such as the US west coast routes....
...Fixing this requires more than incremental tweaks; it calls for a radical reorganisation of the global trading system....
...The system is further hamstrung by tight government control over the railway finances....
...The mission that was to have returned the US to the Moon for the first time in 50 years appeared to be over after a failure in the propulsion system resulted in a “critical loss” of fuel....
...The crash, when a passenger train and a freight train collided after being directed on to the same track, highlighted long-term problems with rail monitoring systems and exposed the failure of successive...
...A pricier passage to Europe One day a shock from geopolitical or natural causes will arrive and do serious damage to the global trading system....
...In part this is down to a planning system and policy debate preoccupied with housing....
...“There have been fewer LBOs and therefore less new loan volume,” said Michael Patterson, a governing partner at asset manager HPS Investment Partners....
...One executive at a leading supermarket said the UK rail system was insufficient to support its needs....
...Cargill’s head of ocean transport has called on the shipping industry to give wind power a chance in its efforts to decarbonise, as one of the world’s largest marine freight operators prepares to test the...
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