Tag: capital

The spike in global bond yields is setting up a clash between the world’s top central bankers

While Fed chair Jerome Powell is brushing off the seismic rise in government bond yields and a corresponding decline in stock prices, a group of central bankers in the Pacific are starting to take action.Driving the news: Bank of Japan…

/ March 1, 2021
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The Curators of the US Capitol Art Collection Say They Need $25,000 to Fix Paintings and Statues Damaged in the January Attack

A US House of Representatives subcommittee will hear testimony today, February 24, from the architect of the Capitol and the House curator about the damage to the building and its art collection cause by the mob that stormed the US Capitol…

/ February 24, 2021
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“Momentous occasion”: First COVID-19 vaccines distributed by COVAX arrive in Ghana, West Africa

The first COVID-19 vaccine doses distributed by the World Health Organization’s global sharing scheme COVAX arrived in Ghana, West Africa, on Wednesday.Why it matters: The shipments represent the "beginning of what should be the largest vaccine procurement and supply operation…

/ February 24, 2021
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Airlines ground some Boeing 777s and FAA steps up inspections after Denver engine failure

The Federal Aviation Administration (FAA) said Sunday there must be "stepped up" inspections of Boeing 777 aircraft that contain the same engine model that failed on a United Airlines flight over Denver this weekend.Why it matters: United, Japan's two main…

/ February 22, 2021
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Sequoia Capital says it was hacked

Sequoia Capital told its investors on Friday that some of their personal and financial information may have been accessed by a third party, after a Sequoia employee's email was successfully phished, Axios has learned.Why it matters: Sequoia is one of…

/ February 20, 2021
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Citadel and Robinhood CEOs will call for new stock trading rule at GameStop hearing

Players central to the GameStop market bonanza will call on Congress to shorten the time required for stock trades to settle, according to testimonies released ahead of their appearances at a Congressional hearing on Thursday.Why it matters: A typically obscure…

/ February 18, 2021
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Big Names Get Behind India Farmers’ Protest As Government Silences Supporters

As hundreds of thousands of Indian farmers charge ahead with their monthslong protests of new agricultural laws on the outskirts of New Delhi, the movement has spilled over to the internet.  Like on the ground where police have arrested at least eight journalists and dozens…

/ February 12, 2021
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Silicon Valley backlash grows as vocal tech faction boycotts

Silicon Valley may be a "state of mind," but it's also very much a real enclave in Northern California. Now, a growing faction of the tech industry is boycotting it. Why it matters: The Bay Area is facing for the…

/ January 27, 2021
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GOP faces implosion over Trump primary threats and impeachment payback

The GOP is getting torn apart by a spreading revolt against party leaders for failing to stand up for former President Trump and punish his critics. Why it matters: Republican leaders suffered a nightmarish two months in Washington. Outside the…

/ January 24, 2021
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Stunning ‘Field Of Flags’ Lights Up In National Mall Ahead Of Biden Inauguration

Joe Raedle via Getty ImagesThe "Field of Flags" will take the place of tens of thousands of American people at President-elect Joe Biden's inauguration.The inauguration of President-elect Joe Biden, which will take place amid a devastating pandemic and war zone-like security…

/ January 19, 2021
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Surreal Photos Show DC In Lockdown As Inauguration Day Approaches

As Washington, DC, still reels from the January 6 insurrection at the US Capitol, it also prepares for the inauguration of Joe Biden and Kamala Harris.Photos this week show the city mounting unprecedented preparations against the backdrop of the coronavirus…

/ January 15, 2021
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Indonesia’s aviation safety has improved, but a lot remains to be done

The Sriwijaya Air Flight 182 disaster serves as a warning for aviation safety regulators, not only in Indonesia but worldwide. Four minutes after taking off from Jakarta in heavy rain on January 9, the Boeing 737-500 nosedived into the ocean,…

/ January 13, 2021