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...Phillip Swagel, director of the Congressional Budget Office, said the mounting US fiscal burden was on an “unprecedented” trajectory, risking a crisis of the kind that sparked a run on the pound and the...
...You are being given a second chance to buy duration at a much better yield level than four months ago. Chance of rate rises: zero. Chances of rate cut this year, of some magnitude:99 per cent....
...Biden won the primary easily as a write-in candidate in New Hampshire, but the enthusiasm for Phillips could concern some party members who want a united front behind the president....
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...Charles White-Thomson Senior Fellow, Adam Smith InstituteLondon SW1, UK...
...of a “gradual plan”....
...The Florida senator was swarmed by donors at a Republican event at Mar-a-Lago last week, said people who attended....
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...Smith & Nephew survived a major shareholder revolt over a $2.6mn potential pay rise for its chief executive, in the latest controversy on executive remuneration by UK-listed companies competing with high-paying...
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...Meanwhile, Biden has been dominating the Democratic primary contests across all states that have held votes so far, overcoming challenges from Dean Phillips and Marianne Williamson that never gained traction...
...The Bank of England is planning a stress test next year on the effects of a funded reinsurance failure....
...Joe LeahyIt just seems inevitable that this year is gonna be a big year for trade tensions. Jessica SmithI’m Jess Smith and here’s the news you need to start your day....
...Phillips could have done this by writing a history of the region since the shortlived Arab uprising. But that would have been a roving story and more complicated to follow....
...Keel, a former 3M and General Electric executive, joined London-headquartered Smiths in May 2021....
...Sotheby’s is looking to borrow $500mn for three years* against a pool of loans it provides to filthy rich art collectors, through a new securitisation vehicle the auction house has dubbed ArtFi....
...US-based International Paper has agreed to buy UK rival DS Smith in a deal valued at £7.8bn, the companies said on Tuesday....
...further £401mn from a shareholder loan that recycled proceeds from a previous property transaction.These deals all happened last year and were in addition to a £684mn loan from private capital firm Apollo...
...A depleted NHS might not be there as a safety net to look after them.”...
...Also reporting are Mastercard, Qualcomm and Phillips 66....
...It also announced a bigger than expected $110bn share buyback and a 4 per cent rise in its quarterly dividend....
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