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“We hope that there will be some kind of resolution that Speaker Johnson can find between the wider variety of parties that are now entering the conversation of funding the federal government,” said Emily Brock, director of the federal liaison center at the Government Finance Officers Association.  GFOA The continuing resolution deal to keep the government
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Moody’s Ratings does not rate Clyde, Texas, but it highlighted the city’s recent default in a report this week.Bloomberg News A small Texas city struggling with water scarcity disclosed this month that it took out a high-interest, short-term loan to repay companies that insured defaulted certificates of obligation. Clyde, a city of less than 4,000
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Depending on where you sit in the investment world, the venture capital business is either in rude health or facing something of an existential crisis. Like many people in tech these days, start-up investors have
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Vladimir Putin has denied that Moscow suffered a defeat in Syria, claiming that despite the implosion of Bashar al-Assad’s regime the Kremlin had achieved its aims in the country. During a marathon annual press conference,
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of England has kept interest rates on hold at 4.75 per cent as it seeks to contend with both stubborn inflation and lacklustre growth. In a split decision, most members of the Monetary
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Human rights groups are blasting the international soccer federation FIFA for selecting Saudi Arabia to host the 2034 men’s World Cup, citing the exploitation of migrant workers in Saudi Arabia, the jailing of political activists for expressing themselves peacefully, and discrimination against women and LGBTQ+ people. In a joint statement, Amnesty International, Human Rights Watch
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In the occupied West Bank, Israeli soldiers shot and killed two Palestinians near the town of Sofin Tuesday. They were identified as 32-year-old Mohammed Ashqar and 31-year-old Diaa Salmi. Israeli forces reportedly blocked anyone from approaching the wounded men, leaving them to bleed out before medical help could arrive. Israel has carried out near-daily raids
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The Biden administration is releasing three more prisoners from the U.S. naval base in Guantnamo Bay, Cuba. The Pentagon says Mohammed Farik bin Amin and Mohammed Nazir bin Lep will be transferred to their home country of Malaysia to serve an additional five years in prison, after they pleaded guilty to participating in deadly bombing
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President Biden has declared his support for banning sitting members of Congress from trading stock — an eleventh-hour pivot after four years of silence over the controversy. Nobody in the Congress should be able to make money in the stock market while theyre in the Congress, Biden told the “More Perfect Union” podcast. “I don’t
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