A New York state pension fund is facing nearly $30 million in losses after amassing a stake in CrowdStrike — just before the IT firm caused a global network meltdown that sent the company’s stock into a tailspin. The New York State Teachers’ Retirement System (NYSTRS) bought 197,462 shares in the Austin-based cybersecurity company in … Read more
The French president instead has called for France to learn parliamentary politics and the art of negotiation that is practiced in other European countries, but his inability to take a step back is stifling progress, said Weissberg. “The president must show that he doesn’t have a solution. He isn’t capable of showing that the ball … Read more
Speaking on BFMTV, lawmaker and spokesperson for the far-right National Rally Laurent Jacobelli said his party would vote for the bill, because “it’s in [National Rally’s] program.” France Unbowed’s Mathilde Panot said she was confident the bill would pass. “There was already a majority in the previous parliament to beat retirement at 64, I think … Read more
The two sides were under pressure to reach an agreement because a moratorium on foreign debt payments announced immediately after Russia’s invasion two years ago was set to expire at the start of August. A default would have badly complicated Ukraine’s relationship with Western governments and with the International Monetary Fund, whose assistance is vital … Read more
The document, published by state news agency Xinhua on Sunday, lists a wide range of reform objectives to be completed by 2029, including more than 300 policy measures. It said the government would move to raise the retirement age in an “orderly” and “gradual” way and seek to develop the “silver economy” to create diverse … Read more
A 1 percent shift of assets into productive investments could mean £8 billion to boost the economy, the government claimed in its statement. It added that pension pots for savers could be boosted by more than £ 11,000, as productive assets would yield higher returns. The government also plans to review the investment potential of … Read more
In the past, the EU executive has let the bloc’s second-largest economy off the hook, even when its spending burst past the limits. But as populist governments across the Continent pull at the fabric of the European establishment and more fiscally disciplined governments accuse the Commission of turning a blind eye, things are changing. “Increased … Read more
Last updated Thursday June 13. LONDON — With a July 4 election looming, the ruling Conservatives and opposition Labour Party — 22 points ahead in the polls — have both now launched their manifestos. The process has been radically different for each. While the Conservatives’ was penned by a tight-knit group of aides, Labour’s was … Read more
Macron called a legislative election on Sunday night after the National Rally trounced his liberal Renaissance party in the EU election by a margin of 31.4 percent to 14.6 percent. While the French president is gambling he can stem the surge of the nationalist, anti-immigration right in a national election, his rivals are testing the … Read more
Lindner gegen Heil – das Rentenpaket II ist heute im Kabinett: Aber die FDP ist nach wie vor nicht einverstanden und wartet nur darauf, im Parlament Veränderungen zu erkämpfen. Eines der wichtigsten Projekte der Ampel-Regierung hat erst lange auf sich warten lassen. Heute ist das Rentenpaket im Kabinett im Juli im Bundesrat, dann folgt der … Read more
