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This article is part of a new guide to Copenhagen from FT Globetrotter Long before new Nordic cuisine made Copenhagen a must-visit for international foodies, there was smørrebrød. Known in English as open-faced sandwiches, smørrebrød are a true Danish institution, found everywhere from children’s lunch boxes to motorway service stations. In Copenhagen, they are also
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Regarding Edward Luce’s column “Biden’s awkward democracy summit” (Opinion, March 30), democracy is thriving in India and possibly in rude health, if measured by voter turnout. Talking about “democratic recession”, in the 2019 general election India had its highest voter turnout at 67 per cent, a huge improvement over 46 per cent seen in its
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Puerto Rico’s preliminary economic activity index in February was down 0.2% from a year earlier but most other economic statistics were positive. According to the Puerto Rico Economic Development Bank’ preliminary estimate, the index value was down 0.6% in January from a year earlier. However, on a month-to-month basis, January’s index was up 0.5% from
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A senior People’s Bank of China (PBOC) official has urged regulators to consider cryptocurrency risks and fraud that could lead to bank failures when innovating regulation. The Chinese official highlighted the recent collapse of U.S. banks that provided services to crypto customers as an example. “The regulation philosophy, technology, and capability must be upgraded to
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The Puerto Rico Oversight Board said Puerto Rico Electric Power Authority bondholders are making “unreasonable” demands in their discovery in the agency’s bankruptcy. “The bondholders’ approach to discovery in this case has been marked by unreasonable demands and timelines,” the board said through its attorney in a response filed late Friday in the bankruptcy. “The
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Cryptocurrency markets have been trading within an unusually tight 5% range since March 17 as conflicting forces continue to pressure the sector. Consequently, in the past 7 days, the total market capitalization gained 3.8%, which was driven mainly by Bitcoin’s (BTC) 3.6% price increase and Ether’s (ETH) 5% gain. On March 27, the Commodity Futures
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The Securities and Exchange Commission’s Best Execution proposal is receiving significant pushback from the muni market for its overlap with existing rules at the Municipal Securities Rulemaking Board and the Financial Industry Regulatory Authority and for other concerns unique to fixed income markets that advocates say could lead to significant consequences. That’s according to comments
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