Hints and tips:
Related Special Reports
...By the end of 2022, red states had announced plans to pull more than $3bn out of BlackRock funds....
...‘The money is pouring in’ Under the iron leadership of Lee Kuan Yew, the founder of modern Singapore who died in 2015, the city-state was propelled after independence from Malaysia in 1965 from a south-east...
...The party is structured into a series of state, district and local-level units in a strategy designed to deploy its manpower with such granularity that each grassroots worker can target as few as 30 voters...
...About 20 states have also set up defined contribution plans for workers at small companies and the self-employed....
...Sunak’s failure to offer a cast-iron guarantee to keep the triple lock, which requires that the state pension be uprated annually by whichever is highest of inflation, earnings growth or 2.5 per cent, is...
...The original commitments were laid out a little over a year ago and underpinned Brasília’s claims of balancing responsible management of the public accounts with increased state expenditure....
...the pension fund of a state-controlled bank that is among Vale’s top investors....
...Starmer is expected to insist on Thursday that Labour will press ahead with many of these proposals, including the state-owned energy company and the sovereign wealth fund....
...Scholz called time on this era of parsimony. In late 2022, he boasted that Germany would soon have “the biggest conventional army” of all the European member states in Nato....
...If this seems like voters wanting it two ways — a welfare state but not a commensurate tax burden — the truth is worse than that. There is a third front to their (our) intransigence....
...The administration intends to fund extra spending with increased revenue collection....
...Mark Franks, director of welfare at the Nuffield Foundation said that change of such scale raises “fundamental questions about the future role and size of the state and how it will be paid for”....
...The White House has issued a blunt warning that the US is set to run out of funds to aid Ukraine by the end of the year, saying a failure by Congress to approve new support would “kneecap” Kyiv....
...Poland’s Prime Minister Donald Tusk has taken an iron broom to clean up the previous government’s desecration of the rule of law. How is it going?...
...And the fund is now warning that that could make the region less attractive to the western European companies that have been expanding there....
...But workers don’t have an official say in the matter and other objections look thin at the moment....
...The first impact does not involve the real welfare and value of the economy, but it may be politically embarrassing. It consists of reversing the former artificial boost to income....
...The Treasury is preparing to increase the UK state pension by more than 8 per cent next year because of the controversial “triple lock”, which has raised retirees’ incomes faster than workers’ wages....
...Their letter to heads of state said an international agreement on wealth taxes “would shrink dangerous levels of inequality” as well as raising funds....
...EU regulators meanwhile are looking into the links between banks and other financial firms, such as hedge funds....
...But when these conditions normalise then Australia has a lot of problems,” said Peter Costello, chair of the country’s sovereign wealth fund, the Future Fund, and the longest-serving treasurer in Australia...
...The topic merges with concerns about labour market shortages, the sustainability of the welfare state, education, housing and — last but not least — immigration (both legal and illegal) and national identity...
...The fragmentation of defined contribution plans is even worse, with nearly 27,000 funds. With private sector DB plans mostly closed, workers will depend on inadequate DC plans....
...She was echoed by Bank of England deputy governor Ben Broadbent who said the uncertain state of the UK’s labour market meant the bank could not yet safely conclude that inflation was on the slide and cut...
...If I cut it by 1 percentage point to 11%, that would be an extra £225 in the pockets of the average worker every year....
International Edition