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The U.S. Virgin Islands Water and Power Authority board of directors approved long-term contracts for the building and use of solar and wind energy installations, which should cut the authority’s costs and allow it to address some of its liabilities, its CEO said. When the projects are completed in about two years, the authority hopes
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The Securities and Exchange Commission approved the establishment of new Municipal Securities Rulemaking Board Rule G-46, setting up the core standards of conduct for solicitor municipal advisors. Solicitor municipal advisors typically solicit for pension funds and have little to do with traditional municipal advisors. They both fall under the MSRB’s jurisdiction following Dodd-Frank. The new
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The U.S. is more of a mortgage-ownership society than a home-ownership society. A 2022 OECD (Organisation for Economic Co-operation and Development) study of 28 countries found the U.S. had the third lowest percentage of households that owned their homes “free and clear” with no mortgages, as “outright owners.” Free-and-Clear Homeownership Rate of Households Lithuania =
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The U.S. is more of a mortgage-ownership society than a home-ownership society. A 2022 OECD (Organisation for Economic Co-operation and Development) study of 28 countries found the U.S. had the third lowest percentage of households that owned their homes “free and clear” with no mortgages, as “outright owners.” Free-and-Clear Homeownership Rate of Households Lithuania =
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The writer is an FT contributing editor and writes the Chartbook newsletter Faced with a rash of banking crises it is tempting to declare, plus ça change. There is nothing more inevitable than death, taxes and bank failures. But what about the bailouts? The publicly subsidised takeover of Credit Suisse by UBS and the hasty
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Donald Trump will turn himself in to New York prosecutors on Tuesday, his lawyer said, insisting the former president would “not be put in handcuffs”. Joe Tacopina added he expected the charges — the first criminal indictment in history of an ex-US president — to relate to payments to buy the silence of porn actress
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In this instalment of our series explaining the rudiments of Technical Analysis, we explore support and resistance further, showing examples of a number of generally held T.A. principles. We also introduce the concept of trend, which along with support and resistance, is one of the foundations of technical trading. Test and practice your investment strategies
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Russian and Belarusian tennis players will be allowed to compete in this year’s Wimbledon Championships after a ban in place since last year was lifted on Friday by the UK’s governing body for the sport. The Lawn Tennis Association last year barred players from the two countries from entering tournaments held in Britain following Russia’s
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