India reaffirms confidence in Aadhaar technology, calls Moody’s opinions baseless | Mint
https://www.livemint.com/news/india/india-reaffirms-confidence-in-aadhaar-technology-slams-moodys-concerns-11695688866612.html
Switzerland unveils money laundering clampdown
Alternative headline: Switzerland Unveils Swiss Banking Clampdown Switzerland unveils money laundering clampdown – https://on.ft.com/3qY2qFO via @FT
China sends finance experts to tackle regions’ debts
China sends finance experts to tackle regions’ debts – https://on.ft.com/47sWZPA via @FT
Here’s what changed in the new Fed statement
https://www.cnbc.com/2023/07/26/heres-what-changed-in-the-new-fed-statement.html
Mortgage 12-month grace period: what’s in it for you?
None of these UK mortgage payment shock solutions deal with the underlying problem and they actually make the problem worst. A 12 month grace period won’t solve the problem and assuming interest accrues during the grace period borrowers are worse off. Neither borrower income nor integrates are likely to change much, hence the grace period …
Big mortgage payment rises ahead for 2.6m households
https://www.thetimes.co.uk/article/big-mortgage-payment-rises-ahead-for-2-6m-households-kqtp6wmh7
New York rewrites the rules on sovereign debt restructurings
Important NY law limiting ability of vulture funds to squeeze countries defaulting on their debt. New York rewrites the rules on sovereign debt restructurings – https://on.ft.com/3ORKpmc via @FT
White House, Republicans Reach Deal to Avert US Default
White House, Republicans Reach Deal to Avert US Default https://www.bloomberg.com/news/articles/2023-05-28/white-house-republicans-reach-deal-to-avert-historic-us-default
Britons ‘need to accept’ they’re poorer, says Bank of England economist
https://www.theguardian.com/business/2023/apr/25/britons-need-to-accept-theyre-poorer-says-bank-of-england-economist?CMP=Share_AndroidApp_Other
Dollar May Fall to Yuan, Crypto But Not Soon: Niall Ferguson – Bloomberg
https://www.bloomberg.com/opinion/articles/2023-04-23/dollar-may-fall-to-yuan-crypto-but-not-soon-niall-ferguson