Sweden’s Riksbank is sometimes accused, only half in jest, of awarding the Nobel memorial prize for economic research decades after the research in question actually made a difference. One could be forgiven for wishing the accusation were true today. The work that the 2022 prize honours — runs on financial institutions, the damage they do,
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Uncertainty around the U.K. housing and mortgage market has spread among first-time buyers. Resolution Productions via Getty Images Mortgage products have been pulled, payments are doubling and lenders are backing out of agreed deals; concern and uncertainty among Brits trying to buy a home skyrocketed last month after Finance Minister Kwasi Kwarteng announced his “mini-budget.”
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The income tax officials arrived at the Bangalore office of the Independent and Public-Spirited Media Foundation on Wednesday, September 7, and stayed until 4:30am on Friday. They combed through records, took statements from senior staffers and removed the organisation’s laptops and mobile phones to clone the data. As they worked through the first night, the
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Professor Roger Sandilands (Letters, October 7) proposes that the UK reduces its taxes on high “earned” incomes and instead increases taxes on urban and rural land. His argument that land is inanimate and cannot be “demotivated” by taxation is obviously true, however the owners of the land are clearly animate economic beings who will have
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Todd Bunton, CFA, Growth & Income Stock Strategist at Zacks Investment Research, discusses a stock that might be worth a closer look by investors: Old Republic International (ORI). Old Republic recently delivered a solid third quarter beat, driven by improving underwriting profits across several of its insurance lines. Analysts also revised their earnings estimates higher
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Brussels is pushing for Washington to rethink “discriminatory” provisions in its new flagship green legislation, as alarm mounts among EU officials that the rules could prompt European companies to move production to the US.  Margrethe Vestager, Europe’s competition enforcer, said Brussels wants to use a meeting of the transatlantic Trade and Technology Council (TTC) in
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In the nearly two weeks since Vladimir Putin annexed Ukraine’s Kherson and Zaporizhzhia regions in a lavish ceremony in the Kremlin, Russia’s forces have been retreating there, outmanned and outgunned. They now face a far greater struggle to supply their front lines after an explosion ripped through the crucial bridge connecting the annexed peninsula of
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One of the world’s most dramatic post-Covid spending squeezes is expected to deliver a bigger-than-expected budget surplus for Chile’s leftwing government this year, pleasing investors who had worried about radical President Gabriel Boric’s expensive campaign promises. “We are expecting a surplus of 1.6 per cent of gross domestic product this year,” said finance minister Mario
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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Musk’s deal for Twitter looks set to go with original
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