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...The Indian National Congress, the biggest bloc contesting Modi’s ruling Bharatiya Janata party, complained it has been unable to campaign after its bank accounts were frozen this month while another prominent...
...“But it wouldn’t surprise me at all if, in the end, we have to spend up to 1 per cent more of our national income on defence. That would be another £25bn-£30bn. Where’s that going to come from?”...
...The investors and traders also said the change of direction by regulators, the latest in a series of U-turns, was distorting the market and undermining broader confidence....
...“Like the Bank of England or the Office for National Statistics, this agency should transcend changes in government and drive a common, national ambition for long-term UK growth,” he added....
...Paxos Trust Co.’s issuance of U.S. dollar-backed stablecoins has been under the supervision of the New York State Department of Financial Services (NYDFS) since 2018....
...The benchmark S&P 500 dropped 0.6 per cent on Friday, with 54 per cent of stocks falling, and tech the worst performer....
...At the end of last year, the government sold stakes in National Bank, Eurobank and Alpha Bank. Greece is an unlikely market darling....
...And sector-wide, Barclays says regional-bank credit spreads are pretty tight relative to the SPDR S&P Regional Banking ETF....
...A soon-to-be-published IMF survey of national debt management offices in emerging and developing economies shows that such knowledge asymmetries are not limited to commercial banks and domestic borrowers...
...The most hawkish members of the Bank of England also dropped their demands for higher interest rates on Thursday, while the Swiss National Bank delivered a surprise interest rate cut....
...Fico last month performed a U-turn on the latter issue and pledged to maintain help for Ukraine....
...The Swiss National Bank became the first big central bank to start loosening monetary policy on Thursday when it unexpectedly cut its headline interest rate by 0.25 percentage points to 1.5 per cent....
...Under 28 U.S.C. section 1408, a company can file bankruptcy in any district where it has its domicile, principal place of business, or principal assets for 180 days prior to bankruptcy....
...P&G, Fifth Third Bank, and SLB will also report earnings before the bell. India election: The first phase of voting in the country’s six-week election started today....
...The initiative’s backers include the German government, the World Bank and the non-profit World Resources Institute....
...“It will be like having a National Geographic special in your backyard: people will see birth, death and wild sex in the treetops,” said one entomologist....
...It has numerous exchanges, clearing houses and a patchwork of national securities laws....
...Data from Silicon Valley Bank puts the total at $277bn, while the National Venture Capital Association says it is closer to $312bn....
...The opposition Indian National Congress, which this week cried foul after its bank accounts were frozen in a tax dispute, says a longer electoral timetable will suit the incumbent, whose Bharatiya Janata...
...Bank of China and Industrial and Commercial Bank of China are part of a group of lenders involved in a stand-off over debt at Thames Water’s parent company....
...Talking of economics, we have a lot of central bankers giving speeches this week, continuing 2024’s ongoing debate on when interest rates can fall....
...I am not going to engage in a lengthy textual analysis of her words (or those of the multiple national central bank governors who have spoken since the meeting) because it is pretty pointless....
...New York Community Bancorp, with $115bn or so in assets, is having serious problems, and the broad market (here represented by the S&P 1500) indifferent: Admittedly the regional bank index is underperforming...
...The slower expectations for the transition come as companies make U-turns on their climate pledges and governments double down on fossil fuels amid energy security concerns....
...Using national level S&L data back to 1955, we find that changes in revenues over the prior year account for 40% of the variance in S&L consumption and gross investment....
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