Cities and states should “keep calm and issue bonds” despite sticker shock from rising interest rates and a volatile municipal bond market. That was the message from panelists speaking Thursday at the Government Finance Officers Association’s annual MiniMuni event, a three-day online event for issuers. The rise in rates “makes our jobs as debt managers
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Cities and states should “keep calm and issue bonds” despite sticker shock from rising interest rates and a volatile municipal bond market. That was the message from panelists speaking Thursday at the Government Finance Officers Association’s annual MiniMuni event, a three-day online event for issuers. The rise in rates “makes our jobs as debt managers
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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 writer is an FT contributing editor. His latest book is ‘Foreign Bodies: Pandemics, Vaccines and the Health of Nations’ Confronted with enormity: murdered infants, abducted grandmothers, slaughtered villagers, lusty chants of “gas the Jews” at
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New York state tax collections from mobile sports betting totaled $727.4 million in fiscal 2022-2023, according to a report from the state comptroller’s office. “Gaming has significantly expanded in the state in the last several years,” Comptroller Thomas DiNapoli said Wednesday. “With the ease and 24/7 availability of mobile betting apps, problem gambling and addiction
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Our weekly roundup of news from East Asia curates the industry’s most important developments. SBF’s Chinese bribe scandal worsens According to October 11 testimony from Caroline Ellison, co-founder of FTX-linked hedge fund Alameda Research, her colleague — disgraced FTX founder Sam Bankman-Fried — allegedly paid $150 million in bribes to Chinese government officials in 2021, higher
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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. Scotland’s first minister has said Israel’s siege of Gaza has gone “too far”, describing its cutting off the supply of water and electricity to the enclave as collective punishment that “cannot be justified”. “There is
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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. Israeli prime minister Benjamin Netanyahu has rejected accusations that he received prior warning of a Hamas mobilisation for a cross-border attack from Gaza, amid mounting recriminations between Israel’s political and military leadership over who bore
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Ibrahim Wadi and his 26-year-old son travelled to Qusra, a village near Nablus in the occupied West Bank, on Wednesday for the funeral of four Palestinian men killed in a shooting by Israeli settlers. By the afternoon, they too were dead, gunned down by Israeli settlers who descended on the funeral, according to the Palestinian
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Ripple chief technology officer David Schwartz has countered Cardano founder’s comments about possible motives behind the United States regulators’ determination that Ether (ETH) is not a security. Cardano founder Charles Hoskinson addressed the much-debated ETHgate theory in an AMA session on Oct. 8, arguing that the government’s actions were not about corruption. ETHgate is a
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The United States Securities and Exchange Commission will soon reach its deadline to appeal the court decision that ruled in favor of Grayscale Investments, forcing the regulator to review the fund manager’s application for a spot Bitcoin (BTC) fund. While many observers don’t believe the securities regulator will attempt to appeal the court’s decision, analysts
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Hossein Amirabdollahian (back left) and Hassan Nasrallah (back right) meet in Beirut Iran’s foreign minister met the leader of Hizbollah in Lebanon on Friday to discuss “the responsibilities everyone has and the positions that must be taken regarding these historical events and dangerous developments” in Gaza, a spokesperson for the Tehran-backed militant group said. Hossein Amirabdollahian’s
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