Credit Suisse may have taken an “important step” in its turnaround process, as its unfortunately named chairman Alex Lehmann said this week, but it is also suffering a gathering run on deposits
Read more...Spain already witnessed one of the most spectacular housing bubbles and busts so far this century. As pressures in the mortgage market grow, the government and banks are determined to avoid a rerun.
Read more...Another thing: inflation. Just when you thought the construction-cost spike was abating, it hit a new record.
Read more...~ Today’s Water Cooler ~
Read more...cience, or here, scientific journals do have their problematic papers caught out. But oddly they are not delisted or deplatformed.
Read more...COP27 made no clear commitment to decarbonisation and stopping climate-change-induced loss and damage
Read more...President Duda was pranked! Hilarity and uncomfortable revelations follow.
Read more...~ Today’s Water Cooler ~
Read more...Newly released federal audits reveal widespread overcharges and other errors in payments to Medicare Advantage health plans for seniors, with some plans overbilling the government more than $1,000 per patient a year on average.
Read more...As life gets prohibitively expensive for people living in the US (and many other rich economies), relatively cheaper countries like Mexico are becoming increasingly attractive. But for local people the costs are growing.
Read more...Workers at 10 UC campuses struck after the university system failed to offer compensation commensurate to the cost of living in California.
Read more...Twitter’s upcoming stress test at the World Cup, Twitter’s software, and the players in the Twitter drama.
Read more...This column examines the factors that determine the offering, asking, and granting of help. Asking entails the risk of rejection, which can be painful, generating a trap wherein those in need hope – but don’t ask – for an offer, while willing helpers wait for a request, resulting in significant inefficiencies.
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