Economy

Esther Wemmers and Kamran Ullah became Telegraaf’s new editors-in-chief over ‘objections’ from the editorial board.

Esther Wemmers and Kamran Ullah became Telegraaf’s new editors-in-chief over ‘objections’ from the editorial board.

telegram Appointed two new Headmasters: Kamran Ullah and Esther Wemers. It made paper announced on Thursday. As of June 1, both will succeed Paul Johnson, who has been editor-in-chief since 2015 and is now a correspondent in the US. Ullah will focus on the newspaper’s digital strategy, while Wemmers will take on key tasks. They both have before telegram Experience …

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United States Bankruptcy: ‘It Shouldn’t Happen’

United States Bankruptcy: ‘It Shouldn’t Happen’

economy•20 Apr ’23 at 15:19Author of the book: Aaron Lupatti For weeks, American politics has been under an imminent bankruptcy. America’s debts are so high that a default is imminent. In sheer desperation, policymakers are trying to raise the debt ceiling, but analysts still expect the U.S. to default in June, meaning the country will default on its debt. BlackRock …

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The financial condition of pension funds improved slightly Economy

The financial condition of pension funds improved slightly  Economy

Door onze economieredactie 20 apr 2023 om 07:01 The funding ratios of the five largest pension funds in our country have risen slightly in the last three months. Funding ratio shows whether there is enough money to pay current and future pensioners. The financial position of ABB Government Employees Fund improved slightly. This also applies to the health care pension …

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Japan’s export growth slows in March, annual trade deficit widens to record high

Japan’s export growth slows in March, annual trade deficit widens to record high

Japan’s export growth slowed in March, according to data from the Treasury Department. Declines in car and steel exports to China underscored worries about slowing global demand on the back of Western banks. Imports grew faster than exports in March due to higher prices for coal, crude oil and oil products, pushing the annual trade deficit in the world’s third-largest …

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Credit Suisse accused of obstructing Nazi accounting investigation

Credit Suisse accused of obstructing Nazi accounting investigation

Photo: ANP Credit Suisse has been accused by the United States of obstructing investigations into several previously unknown secret Nazi bank accounts. The allegations are at the center of an internal investigation into the Swiss bank after the Simon Wiesenthal Center disclosed new information about Nazi-linked accounts to the bank in 2020. Although Credit Suisse initially agreed to the investigation, …

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Top Russian diplomat warns of major flight from US dollar

Top Russian diplomat warns of major flight from US dollar

Russian Foreign Minister Sergey Lavrov says the global flight from the US dollar is now inevitable and will accelerate. According to TASS, which is funded by the Russian government, Lavrov told a press conference that many countries simply ignore the sanctions and threats from the United States and Western Europe. Common wealth of independent nations As an example of countries …

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Even with bigger budgets, CIOs need to do less

Even with bigger budgets, CIOs need to do less

CIOs’ budgets may have increased, but at the same time this has not given them more leverage. This can be read in a recent report by software supplier SoftwareOne. For their study, researchers surveyed more than six hundred IT executives from the United Kingdom and the United States. 93% of CIOs budget more, but 83% expect they can accomplish more …

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Yellen will outline US economic priorities on China in a speech on Thursday

Yellen will outline US economic priorities on China in a speech on Thursday

US Treasury Secretary Janet Yellen will address the Biden administration’s key goals for US-China economic ties in a speech in Washington on Thursday, the Treasury Department said on Tuesday, as tensions between the world’s two largest economies continue to rise. Yellen, who said last week she would travel to Beijing to meet her new Chinese economic counterparts, will make the …

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Big Investors Dump Chinese Stocks, Add Oil to Portfolios – Goldman

Big Investors Dump Chinese Stocks, Add Oil to Portfolios – Goldman

Major global money managers sold more Chinese stocks and added U.S. energy stocks to their portfolios at a record pace in recent days, Goldman Sachs reported. Managers decided to sell Chinese stocks amid heightened geopolitical tensions between the world’s second-largest economy and the United States. “Chinese stocks sold off net for the first time in a month as concerns about …

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