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From Jonathan Hakim, Executive Adviser, InnSure, Cambridge, MA, US
Yet the problems that exposed his empire in 2022 are as relevant today as they were then
...Richard Hughes, chair of the Office for Budget Responsibility, said the £13bn budget headroom forecast in November was heavily exposed to changing assumptions on interest rates as well as data revisions....
...The country’s three big banks are less exposed because they have a more diversified business model and have shifted to short-duration assets....
...That means that, even post-sale, BHP will be overwhelmingly exposed to “blast furnace” commodities....
...Hong Kong is the most exposed to “higher for longer” interest rates in the US because its currency is pegged to the dollar, meaning the city’s monetary policy moves in lockstep with the Federal Reserve....
Fiscal watchdog says chancellor’s plans have been funded by leaving departments exposed to inflation
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...Finma said there were numerous other such examples relating to sums paid to and by other politically exposed individuals, who had been the subject of press articles about corruption and graft....
...Australia’s economy is exposed to Chinese demand for its commodities exports. An index of small-cap Chinese stocks, the CSI 2000, jumped 5.4 per cent, reversing heavy losses to start the week....
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