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...The Bank for International Settlements warned last week of the risks that an “insurance market failure for climate-related risks” could spill over into a credit shock and force government to be insurers...
...Initial bids are expected in the coming weeks....
...Anyway, if you want to commemorate Risher et. al’s gaffe, boy oh boy do we have the t-shirt/sticker for you over on the FTAV swag shop (wow two promos in one day). It’ll look great under your gilet....
...Of course, O’Neill et al were mostly talking about these countries as burgeoning economies with tons of potential. And many of these countries have indeed subsequently done well....
...Productivity-hype bubbles are usually separated by at least 25 years and usually form at the end of a secular bull market, when aggregate profits are coming under pressure, say Garthwaite et al....
...Last month, NWBO and its Reddit fans were rebuffed by a Manhattan court, which granted Citadel et al’s motion to dismiss the case. But there was a sting in the tail....
...They followed the Pinault family of Ch Latour et al, who, in 2013, bought what is now called The Eisele Vineyard from the Araujos, and were so confident of their savoir-faire that they didn’t even impose...
...But in its latest court filing in Sydney this week, responding to one claim from the administrators for Greensill Bank, IAG named Tokio Marine and Marsh among “concurrent wrongdoers” that should share in...
...This language does however appear in BlackRock’s longer “global principles” document for its stewardship activities, which was also published last week....
...On Friday, Biden said that the US would begin airdropping food aid into Gaza, adding that it was also exploring the possibility of opening a “marine corridor” to deliver humanitarian assistance....
...The ETS price was more influenced by the gas the EU had been able to store, mild weather and weak economic growth in the region....
...As Wachowiak et al correctly note, the recent pressures militating in favour of greater cooperation (Ukraine, a second Trump presidency, fiscal constraints), “have not, to date, proven sufficient to overcome...
...Chart du jour: Power grab French far-right leader Marine Le Pen kicked off her EU election campaign yesterday by vowing to wrest back powers from an “intrusive and authoritarian” bureaucracy in Brussels...
...Neither the monster national players (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup) nor the regionals (PNC, M&T, et al) have had much to say about the economy’s effect on credit quality....
...They found that the standout stocks today are at much cheaper valuations than the stars of the 90s were, and while the valuations of the Magnificent 7 et al do look a lot like the “Nifties,” they tend to...
...I want something in the next couple of weeks. WhatsApp to Wes Streeting and Peter Kyle: Hi Wes and Peter. It’s Rutherford Hall here, we met in Liverpool last autumn....
...From next week two Royal Fleet Auxiliary vessels, RFA Argus and RFA Lyme Bay, plus three Merlin helicopters and a company of Royal Marines, will also be deployed....
...Another, similar question: What does this mean for Robert Jenrick, Suella Braverman, et al? Handily this has the same answer: it’s not good either!...
...Within two weeks I had sold a third of it and made my money back. And I thought, wow, I can really do this. I can really make this into a business, and it can become profitable....
...However, Weinstein et al say they are excited to a large extent because those aforementioned risks are now materialising. As private credit investors, this is the environment we’ve been waiting for....
...Wherever possible lies should be told about classes of people (Republicans, elites, big business, the media, et al) not specific individuals....
...The strikes followed 19 rocket and drone attacks on US forces and bases such as Ain al-Asad and Al Tanf in Iraq and Syria since October 17, which have injured 21 service members....
...Its menu is oozing with the island’s best dishes, from arancini al ragù and carciofi (artichokes) alla Siciliana to paccheri al pistacchio....
...In this week’s Scoreboard, we’re looking at the other big stories of the week, including the PGA Tour’s big Saudi Arabia-free investment deal, and David Rubenstein’s $1.7bn move into baseball ownership....
...Laboratory in Hawaii, said this week....
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