The costs fall on leaseholders, who are least able to pay and not remotely to blame for the crisis, while the government protects builders, developers and cladding manufacturers.
Read more...The victims of this latest ransomware attack are among the most vulnerable in society — those who have lost their jobs or whose jobs have been furloughed.
Read more...Supply chain finance disuptor Greensill is undone by its own financial wizardry, putting at risk thousands of jobs in the UK, Australia and the EU. The timing could not be worse for already buckling supply chains.
Read more...Vaccine politics could end up nudging countries in the region even deeper into China’s orbit. As vaccines fail to materialise, doctors turn to cheap, widely available drugs such as Ivermectin.
Read more...The company has been repeatedly caught falsifying records, at times on a gargantuan scale. Now it is seeking opportunities in an industry where money routinely disappears in the trillions. What could possibly go wrong?
Read more...In his former role as governor of the Bank of Italy, Draghi was partly responsible for Monte dei Paschi’s di Siena’s decline. Now he must reverse it.
Read more...In a heated face-off Russia reminded the EU that when it comes to imprisoning politicians, it too has form. In Catalonia tensions are coming back to the boil as new elections loom.
Read more...In the case of Mexico, criminal gangs are taking full advantage of the medical oxygen shortage, with deadly consequences.
Read more...Squatters versus landlords: the battle lines are drawn as this once-in-a-lifetime crisis threatens to create a whole new generation of olvidados.
Read more...The causes for concern surrounding Italy are growing, even as the ECB keeps a tight lid on its bond yields, pushing its debt servicing costs lower as its debt explodes higher.
Read more...Physical cash should still have an important — albeit diminished — role to play in the economy of the future.
Read more...As the virus crisis bites deeper and deeper into workers’ wages and household finances, big money is pouring into workplace finance initiatives.
Read more...Blackstone was a big winner of the last crisis. Now, it hopes to repeat the feat, albeit using a somewhat different playbook.
Read more...The City’s vast financial services sector benefited hugely from the creation of the euro. Now, a large part of that business is at risk.
Read more...As Banco Sabadell’s disastrous acquisition of UK TSB has shown, a bank merger can founder due to botched IT integration.
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