Hints and tips:
...This is a classic “dull but v v v v important” issue that rarely gets the attention it should, because a lot of people understandably lose the will to live as soon as you start talking about financial plumbing...
...This spread shocks across multiple jurisdictions, reducing their severity. Now, shocks are more localised....
...Funds are raised in the capital markets by issuing consolidated debt through the Office of Finance....
...Carlson was among the most-watched personalities on US television until Rupert Murdoch’s TV network announced his shock exit on Monday less than a week after the company agreed to settle a defamation suit...
...In today’s newsletter: Vivendi’s potential break-up Trian announces Disney board nominees Private equity sings the blues French corporate raider shocks market with plan to split group Vincent Bolloré...
...LumX, the investment firm he runs, posted years of losses and then in 2019 fell out with auditor EY, which said its financial statements “do not give a true and fair view of the consolidated financial position...
...The buildings will be consolidated as part of the Northern Metropolis project....
...This week alone sees strikes by junior doctors, teachers, rail workers, civil servants and university lecturers....
...The purchase of the railroad operator will enable Canadian Pacific to launch the first rail network spanning Canada, the US and Mexico....
...This is welcome news for prime minister Narendra Modi, who needs the money to finance the country’s recovery from the coronavirus pandemic and to help fund a revamp of India’s sprawling rail and road networks...
...shocks”....
...Almost the canonical examples of consolidated democracies....
...And on the corporation tax point, ever since Truss has said that she didn’t want to put up corporation tax from 19p to 25p, which she said she was going to do, a lot of businesses have said we’re all for...
...So today I confirm that because of this decision, alongside Sizewell C, we will deliver the core Northern Powerhouse Rail. HS2 to Manchester. East West Rail. The new hospitals programme....
...She is extremely engaging and approachable for someone with such a powerful profile: a year ago, she founded Mirai Rail Corporation, a sub-Saharan rail company....
...However, this time is worse in my opinion because: 1) It's a deeper economic shock that's global....
...Coronavirus has caused one of the largest, most comprehensive, and sustained economic shocks this country has ever faced....
...As we come out of the worst economic shock we’ve ever seen, we’ve got a choice. To retrench — or to invest....
...European regulators in banning big banks from paying dividends, as it releases the results of an annual stress test, which sets the minimum level of capital banks must have to insulate them from economic shocks...
...It may be that the economic shock is not as big.”...
...The public shock will turn to anger at failed promises of wealth, or even functionality....
...Coronavirus has caused one of the largest, most comprehensive and sustained economic shocks this country has ever faced....
...When Carney spoke six weeks ago, many policymakers were still confident of a sharp v-shaped recovery....
...However, the shock of a second depression would be orders of magnitude worse than the first, writes Edward Luce....
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
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