Money Matters
Oxfam Novib is calling for the taxation of the wealthy rather than the rational use of taxes
, in its annual report on economic inequality, is urging the House of Representatives to implement a tax on the “extremely rich.” It’s somewhat against the rules and…
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Goldman Sachs employee claimed personal injury after working only for a few weeks
A former senior manager at Goldman Sachs is seeking approximately 1.0 million pounds from the London branch of the Wall Street bank, alleging that a toxic work environment…
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Daniel Kretinsky secures approval to take over Casino retailer
A consortium led by Czech billionaire Daniel Kretinsky has secured approval from EU antitrust authorities to acquire control of the debt-laden French supermarket operator, Casino (CASP.PA), as announced…
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Diamond market absorbs new reality: what can be done to replace Russian stones?
The EU, Canada, France, Germany, Italy, Japan, the UK, and the US have collectively prohibited the import of rough Russian diamonds since January 1st. The primary force behind…
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Mortgage rate shifts trigger banking profit margin concerns
This week’s reshuffling of UK mortgage rates is placing additional strain on bank profit margin forecasts, intensifying the challenges faced by a sector struggling to meet shareholder expectations.…
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Pound surges amidst easing inflation concerns and market speculation
Traders are casting their gaze toward 2024, particularly following Wednesday’s announcement that UK Chancellor of the Exchequer Jeremy Hunt will unveil the spring budget on March 6. This…
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Erdogan appoints an expert in cryptocurrency to Central bank
President Recep Tayyip Erdogan of Turkey has appointed Professor Fatma Ozkul, an expert in cryptocurrency and blockchain technology, as a member of the central bank’s monetary policy committee.…
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