Lord Lawson of Blaby, who has died at the age of 91, was one of the most consequential and longest-serving British chancellors of the 20th century, playing a pivotal role in Margaret Thatcher’s free-market revolution. Revered by the Tory right and an inspiration to current prime minister Rishi Sunak, Nigel Lawson pushed through a vigorous
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INX has launched its first securities token issued by a public company, according to an Apr. 3 announcement from the tokenization platform. Public company shares on the blockchain?Witness the future in action!Proud to team up with @Greenbriarcorp to tokenize its GEBRF traditional shares in an industry-first!https://t.co/sS4p5MIwa3 — INX (@INX_Group) April 3, 2023 The new token
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Nigel Lawson, the long-serving Conservative chancellor whose radical tax-cutting Budgets of the late 1980s inspired a Tory generation, has died at the age of 91. Lord Lawson was an iconic figure for the Tory right and Rishi Sunak, prime minister, led the tributes to a man whose economic policies underpinned the Thatcher revolution. “One of
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The Puerto Rico Oversight Board said Puerto Rico Electric Power Authority bondholders are making “unreasonable” demands in their discovery in the agency’s bankruptcy. “The bondholders’ approach to discovery in this case has been marked by unreasonable demands and timelines,” the board said through its attorney in a response filed late Friday in the bankruptcy. “The
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The United States Federal Reserve began its most aggressive quantitative tightening efforts in March 2022, raising benchmark interest rates in the year since from near-zero to 4.75% to 5% annually. While the central bank has successfully brought down inflation to some degree, the increasing interest rates are starting to cause cracks in the global banking
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On April 3, 2023, the Dfinity Foundation, a development team behind the Internet Computer (ICP) network, announced the launch of a native ICP token called “chain-key bitcoin” or “ckBTC.” The bitcoin derivative is backed 1:1 with the leading cryptocurrency asset. On Monday, Dfinity detailed that the technology “builds on the protocol-level integration with the Bitcoin
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Chicago Public Schools moved closer to investment grade status with an S&P Global Ratings upgrade last week that came just one week after district leaders again sounded alarms of a gaping budget hole once federal COVID-19 aid runs out.   Governance changes are also coming after Tuesday’s runoff election picks a replacement for Mayor Lori
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The Securities and Exchange Commission’s Best Execution proposal is receiving significant pushback from the muni market for its overlap with existing rules at the Municipal Securities Rulemaking Board and the Financial Industry Regulatory Authority and for other concerns unique to fixed income markets that advocates say could lead to significant consequences. That’s according to comments
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