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...The Swiss bank had persuaded 1,200 wealthy clients to invest in the funds, which were sold as low risk as they were underwritten by insurance contracts....
...When West dropped K♥, this seemed good, but it meant East held five hearts and another low one must be trumped. Next, J♦ was led and, when East followed low, South played K♦, holding the trick....
...Email with better news: robert.armstrong@ft.com....
...Berkshire has kept much of its focus on low price/book, low margin energy, industrials and finance....
...Robert ArmstrongYeah. K-shaped economy. Kate DuguidYeah. Which you say is not eviden--, like a k-shaped economy is not evidence of a weak economy. Robert ArmstrongYeah....
...Partly because many corporates (and households) termed out their debt when rates were low. Higher rates have not yet touched those that did....
...The calculation becomes more complex if the alternative is a dreary economy chain hotel, say a Premier Inn, which has a good bed but low style points unless you have a very strong affinity with purple, which...
...A low club to K♣ allowed a second heart ruff, and a club to A♣ accessed the third ruff. With Q♣ not falling, the plan now requires reasonably balanced distribution....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. The inflation narrative could flip fast Jay Powell is worried about inflation again....
...Robert ArmstrongAnd those together are 100 per cent of my 401(k) so I am in big trouble....
...Which is to say they understated compensation for four children of founder Robert Greenberg who were on the Skechers payroll, over a period four years from 2018 to 2021....
...She replied: You have to ask how long consumers will maintain such a low savings rate....
...Send me your sob stories: robert.armstrong@ft.com....
...Meanwhile, email us: robert.armstrong@ft.com and ethan.wu@ft.com. Why aren’t earnings estimates higher? This is a robust economy....
...Send other reasons to be cheerful: robert.armstrong@ft.com. Rates will matter again before long The market doesn’t seem to care much about interest rates right now....
...West led K♥ and declarer’s plan was simple: cash A♦, ruff two low diamonds in dummy, draw trumps, and score up the slam. On the bidding, the distribution suited this plan....
...Email me while the good times last: robert.armstrong@ft.com....
...Work is under way to find alternatives to GNSS, which is inherently vulnerable because its signals are on shared frequency bands and operate at low strengths....
...ONE was formed in 2018 through the merger of the container businesses of Japan’s NYK Line, K Line and Mol. Container ships mostly carry manufactured goods in steel boxes....
...When we project the current state of the US economy out, we should do so right now with low confidence. Katie MartinYes. Definitely. Robert ArmstrongBut we know where we are now....
...Declarer wins in hand, cashes ♥KQ, before playing a low heart to dummy’s ace. Now, he uses ♦QJ to discard both clubs from his hand, and the contract is home....
...Along with Scandinavian rival Höegh Autoliners and Japanese conglomerates NYK Line, MOL and K Line, WW dominates an industry that transports cars built in Japan, South Korea and China to markets in Europe...
...Many lives could be saved if mothers received simple, low-cost interventions such as antibiotics and drugs to manage complications of labour....
...Perhaps a reader can explain how things have changed: robert.armstrong@ft.com....
...The chances of that happening are really low....
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