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...US senator Tommy Tuberville has released his months-long hold on military promotions, failing to secure changes in Pentagon abortion policy....
...Additional reporting by Claire Jones in Washington and Stephanie Stacey in London...
...The move comes as the Biden administration has grown increasingly frustrated with Tommy Tuberville, a Republican senator from Alabama, who has blocked the confirmation of dozens of senior military officers...
...Tommy Tuberville, the former American football coach turned Deep South senator, has for weeks been refusing to give his consent for the upper chamber of Congress to move ahead with more than 270 confirmations...
...Fortnox’s rise: The $4.6bn Swedish software company’s stock has boomed under chief executive Tommy Eklund, but how much further can its niche business expand?...
...The Pentagon is already suffering through a domestic political firestorm as Tommy Tuberville, a Republican senator from Alabama, is holding up the Senate confirmation of top military officers....
...Every word he utters in Washington will be closely scrutinised....
...The chancellor spent two days in Washington, where he heard the IMF and other finance ministers recommend that he reverse the tax cuts quickly before more financial damage was done....
...The pound steadied on Wednesday, having dropped sharply after the BoE governor spoke in Washington on Tuesday evening. Sterling was 0.1 per cent higher against the dollar at $1.098....
...Bailey, speaking at an event organised by the Institute of International Finance in Washington, said the BoE had to be clear that financial stability interventions were temporary and any prolonged bond-buying...
...Additional reporting by Tommy Stubbington and Chris Giles This article has been amended to reflect the fact that John Kennedy is a senator from Louisiana, not Tennessee...
...At the same time, only one Republican senator, Alabama’s Tommy Tuberville, has endorsed Trump’s re-election bid, while several others have openly urged Scott to throw his hat in the ring....
US central bank’s move to reduce $9tn balance sheet comes alongside steep rate rises to tackle persistent inflation
Sanctions have constrained Moscow’s ability to meet bond obligations
JPMorgan declined to process two coupon payments due on Monday
...“The LME discussion paper sends the ball back into governments’ side of the court,” said Tommy Bain, Marex’s head warrant trader and chair of the LME warehousing committee....
...An exemption in Washington’s sanctions that allows US investors to receive interest payments on Russian debt will also end on May 25....
...Additional reporting by Tommy Stubbington in London...
Washington blocks investors from trading Moscow’s newly issued debt
...Additional reporting by Colby Smith in Washington...
...Fed purchases are currently scheduled to run until the middle of March, and the central bank is due to publish its final monthly buying schedule at 3pm Washington time on Friday....
...Additional reporting by Philip Stafford and Tommy Stubbington...
...The first US FT Weekend Festival is on Saturday, May 7 in Washington, DC!...
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