Vladimir Putin vowed to “de-Nazify” Ukraine when his troops invaded last year. Now Russia’s president is under pressure to respond to the worst antisemitic violence to sweep his country in more than a century. The violent scenes across the North Caucasus last weekend, when an angry mob stormed an airport in Dagestan in search of
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One alternative to library fines, which Soumaya Keynes mentions briefly in her column “Are library fines reaching their denouement?” (Opinion, October 20), is to temporarily block further withdrawals for borrowers who return their books late. This policy deserves greater attention. I used to live in Andalusia in Spain, where library users are blocked from borrowing
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A spectre is haunting US bond markets — the spectre of fiscal dominance. Wednesday will bring two big policy events: The Treasury Dept’s detailed refunding announcement, where it will announce its quarterly issuance plans by
Overdue and over budget, a project to redevelop Connecticut’s New London Pier into an offshore wind energy hub for projects along the Atlantic coast is nearly complete. Its first shipments, components for a project in the Long Island Sound, are set to leave port early Tuesday. Launched in 2020 with an original price tag of
The recent gains are a rare sight in 2023, even considering Bitcoin’s impressive 108% year-to-date performance. Notably, the last instance of such price action occurred on March 14 when Bitcoin surged from $20,750 to $26,000 in just two days, marking a 25.2% price increase. Deribit BTC options daily volume, in BTC. Source: Deribit It’s worth
Against the backdrop of a big state-funded property tax cut and with a bond guarantee program fully back in business, Texas public school districts are asking voters for almost $18 billion of debt Nov. 7. That accounts for the lion’s share of the $28.48 billion of bonds in 218 measures on Texas ballots, according to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Belt tightening and deleveraging are increasingly the norm for Spanish consumers. This is rational given interest rates at 20-year highs. A 55 per cent decline in new mortgage lending still surprised Unicaja shareholders on Monday.
Pictured here on Sept. 7, 2023, are residential buildings under construction at the Tao Yuan Tian Jing project, developed by Evergrande in Yangzhou, China. Bloomberg | Bloomberg | Getty Images Shares of embattled Chinese property Evergrande hit an all-time low of 18.8 Hong Kong cents (2.4 U.S. cents) after a Hong Kong judge delayed the
The four-page supplement entitled “Investing in Japan” by Leo Lewis, Kana Inagaki, David Keohane and Melanie Gerlis is for the most part positive about the prospects for such investments, with one opinion piece by Bruce Kirk, Goldman Sachs’ chief Japan equity strategist, suggesting Japanese equities offer a “once-in-a-generation” buying opportunity (“It’s time for Japanese equities
You report that Rachel Reeves may well have copied various texts from Wikipedia and other sources, without attribution, for her book on female economists (Report, October 27). This has already led to criticism in the Tory press that she would be a “copy and paste” chancellor, if Labour wins the election. Surely there must also
The courage of the UN chief António Guterres is commendable; it is the courage of the truth and the voice of reason in times of madness (“UN chief denounces ‘clear violations’ of international law in Gaza conflict”, Report, October 25). It is never too late to do the right thing and stop this war. Innocent
Hopes of approval for a spot Bitcoin (BTC) exchange-traded fund by the United States Securities and Exchange Commission boosted Bitcoin’s price by 27% in October. This improved sentiment, attracting aggressive buying by crypto investors. Bloomberg senior ETF analyst Eric Balchunas highlighted in a post on X (formerly Twitter) that ProShares Bitcoin Strategy ETF (BITO), the
In this article TSLA SLB AMZN NVDA NFLX Follow your favorite stocksCREATE FREE ACCOUNT The Netflix logo is seen on a TV remote controller in this illustration taken Jan. 20, 2022. Dado Ruvic | Reuters As the earnings season rolls on, investors are getting a glimpse into how companies are handling an array of macro
Top Stories This Week Sam Bankman-Fried takes the stand on FTX’s collapse Sam “SBF” Bankman-Fried testified this week in his ongoing criminal trial in the Southern District of New York, denying any wrongdoing between FTX and Alameda Research while acknowledging making “big mistakes” during the companies’ explosive growth. Highlights of his testimony include denying directing
Crypto lender BlockFi announced its emergence from insolvency this week, just a few days after FTX announced that it successfully reclaimed approximately $7 billion in assets. FTX debtors, comprising FTX and affiliates, estimate that $8.7 billion has been misappropriated from customers. BlockFi has lent FTX more than $650 million, making it one of the exchange’s
For college students and those nearing graduation, it’s common to think about the future, including their career. Every year, undergrads call, email, and communicate with me on social media to ask for advice. They’re typically focused on finding their first full-time paying job. While gaining employment and becoming self-sustaining is essential to cover living expenses,
In this article CNXC Follow your favorite stocksCREATE FREE ACCOUNT Luis Alvarez | Digitalvision | Getty Images Company: Concentrix (CNXC) Business: Concentrix provides technology-infused customer experience (CX) solutions and runs customer service for 2,000 customers globally. They are the second largest outsourced CX company globally and provide CX process optimization, technology innovation, front- and back-office
New York City has received a boost of state support as it seeks to head off a worsening affordable housing crisis, including an increase in the bonding capacity of the New York City Housing Development Corp. Gov. Kathy Hochul this week signed into law a trio of bills passed by New York’s Legislature leveraging state
Municipals were steady Friday ahead of an expected paltry new-issue calendar. U.S. Treasuries were firmer 10 years and in and equities were mixed after a volatile week of market-moving economic data and increasing geopolitical tensions in the Middle East while all markets await the Federal Open Market Committee’s November meeting. “Any chance of a dovish
Bitcoin (BTC) has been trading above $33,600 for the past two days, indicating that the bulls are not rushing to the exit. After a sharp rally, if the price does not give up much ground, it may cause FOMO and ignite another round of buying. That could push the markets further into overbought territory. However,