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...Georgia’s governor Brian Kemp has dismissed White House efforts to take credit for an investment boom in the US and said the Biden administration’s vast cleantech subsidies had fanned inflation in his state...
...Union organisers see southern states including Tennessee as hostile territory and have tried to organise there for decades with little success....
...For instance, a true banking and capital markets union would help investment and savings flow between the north and the south....
...But Biden, the president who has overseen this bonanza since defeating Trump in 2020, is getting little credit....
...The market reaction came after the Federal Open Market Committee voted unanimously to leave rates unchanged at a 23-year high of 5.25 per cent to 5.5 per cent....
...start cutting its benchmark deposit rate from its record high level of 4 per cent in June, there is more doubt over the pace and total amount of policy loosening that will follow — especially if the US Federal...
...Sullivan added that an assault on the southern Gaza city was not necessary in the effort to “crush Hamas”. Here’s the latest on the Israel-Hamas war. 3....
...If the Reagan‑Thatcher revolution was about crushing union power, the pendulum seems to be shifting in favour of labour. Unions are changing too....
...China’s “credit impulse” — the change in the flow of credit — was a “headwind for growth for much of the last year” but has now moved back into positive territory, BofA’s analysts said....
...Or is the picture of southern success misleading?...
...In contrast, the strength of the US economy and high levels of government spending relative to taxes could persuade the Federal Reserve to keep interest rates high for some time, say investors, which could...
...The president pledged to enact legislation at the federal level to protect women’s rights to end a pregnancy....
...German inflation was 2.7 per cent in the year to February, the federal statistical agency said on Thursday, in line with economists’ forecasts in a Reuters poll and down from 3.1 per cent in January....
...As Belgium is a federal state, Flanders has its own government, too, which controls more than half of state spending....
...Extreme weather risked causing “reduced tax revenues, increased government expenditure, lower credit ratings and increased cost of borrowing”, it added....
...At some point, this risks leaving lenders without sufficient reserves and could cause unwanted volatility in short-term borrowing costs and even a credit crunch....
...It isn’t just inflation at stake this time, but the tenability of federal finances....
...Or the Union for the Mediterranean, launched in 2008?...
...Starbucks in 2022 introduced more sizes for baristas’ green aprons and the option for customers to tip with their credit cards, two of the union’s initial demands....
...Instead, banks would have to rely on more traditional, standardised assumptions that measure how risky assets are by using credit ratings from agencies....
...Federal Reserve vice-chair for supervision Michael Barr had gold-plated the Basel rules, provoking a fierce backlash from Wall Street’s finest....
...Students at Munich’s technical university are able to take part in programmes at UnternehmerTUM as part of their degrees, where they are able to receive the same amount of credits as for an academic course...
...Greece’s credit rating was lifted to investment-grade status in September for the first time 13 years, underlining the country’s economic recovery....
...The US president sought to ease the pressure on would-be homeowners through tax credits outlined in this month’s State of the Union address, but that benefit is unlikely to have as big an impact as lowering...
...Monetary policy: Federal Reserve Bank of Atlanta president Raphael Bostic, Federal Reserve Bank of Kansas City president Jeffrey Schmid and Federal Reserve Bank of San Francisco president Mary Daly speak...
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