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Potentially exempt transfers fail leading to hefty bills
...The stories feature many of Sorokin’s beloved shock-value themes (cannibalism, violence, sex and excrement); to describe them in detail would do a disservice to first-time readers....
...“If they haven’t kept money back for the tax bill that’s coming they will get a big shock in 2025 if they’re not able to pay all the tax that’s due,” he said....
...“It’s not that we face a major financial shock tomorrow but it is accumulating,” she said....
...Economic growth in Africa slowed to 3.2 per cent in 2023 from 4.1 per cent the year before as “multiple shocks” and a backdrop of increasing global economic uncertainty weighed on the continent, the African...
The candidate’s unchecked flow of untruths and bizarre outbursts spell danger but no longer cause sufficient shock
...Candidates loyal to imprisoned former prime minister Imran Khan have won a shock victory in Pakistan’s election, defying a military-backed campaign of arrests and harassment to mount an unexpected bid for...
...The young artist liked to shock....
...After being blindsided by the shock victory of candidates loyal to Imran Khan in elections last week, rivals of the jailed former prime minister are set to govern again as they cobble together a coalition...
...The demonstration alarmed Germany’s political establishment, with many MPs expressing shock at the protesters’ militancy and aggression....
...In trying to guarantee a shock, they cannot take the risk of its actual possibility....
...Answer: geopolitical shocks. What’s the biggest reason why we should be cautious about writing off the Conservatives? Answer: geopolitical shocks!...
...has asked 53 major financial institutions to model the impact of a sharp rise in sovereign and corporate bond yields around the world, in an effort to understand how the market would react to a severe shock...
...“Anyone can remove subsidies or ban something,” said Adedayo Ademuwagun, a consultant at Songhai Advisory, bemoaning the lack of measures to cushion the effect of shock therapy....
Central banks are seeking safety in times of turmoil
Also in this newsletter: uproar at OpenAI, NHS drug deal, Bayer shares dives after trial failure
...Such criticism would be a small price to pay for relative stability rather than the destructive shocks that more decisive action has brought about....
...Paul McNamara, an investment director at GAM, calls that “a colossal deal”, as currency moves can absorb shocks rather than making them worse....
...The rebound is good news for the European economy as it underlines how the massive terms of trade shock caused by Russia’s invasion of Ukraine are being unwound....
...The not-so-good news, though, is that Musk’s shock treatment has left his trophy purchase seriously impaired....
Shocks thought to be worldwide have hit Britain’s young adults harder than most
...Alex Mahon told a committee of MPs that the broadcaster was facing “market shock territory” owing to the steep decline in spending by brands on traditional television advertising....
...Hale says the UK economy has become more exposed overall to trade shocks, and that: Insulating people from such shocks can’t be done by redistributing between those who gain and those who lose – not least...
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