While the 1979 default was relatively small, the 1934 default affected millions of Americans who had bought Liberty Bonds mistakenly thinking the government would make good on its promises. Original Article: “Yes, the US Government Has Defaulted Before” This Audio Mises ...
In this episode of StockCharts TV’s Sector Spotlight, I look at the current state of sector rotation, highlighting the most important rotations from a positive as well as a negative perspective. After that, I zoom in on the Communication Services sector ...
The UK government spent less than it reaped in from taxpayers last month helping to push yearly borrowing £30bn lower than projected by forecasts, officials figures out today reveal. The difference between what the government generated in revenue and spent ...
Britain risks ending the decade with the lowest rates of workforce participation in almost 30 years unless the government takes urgent action to reform childcare and help people with health conditions, according to a leading thinktank. Calling on the chancellor, ...
Royal Mail has restarted international parcel and letter deliveries through Post Office branches almost six weeks after it revealed it had been affected by a ransomware cyber-attack that left it battling to get its international services back up and running. ...
“The clock is ticking” to support Britain’s farmers battered by a storm of rising costs, labour shortages, bird flu and post-Brexit changes to support payments, the union representing the sector has told ministers. “Volatility, uncertainty and instability” are endangering UK ...
The UK will become an “innovation wasteland” if the government pushes ahead with plans to slash research and development (R&D) tax relief, the Federation of Small Businesses (FSB) has warned. The UK’s largest business group urged ministers today to reverse ...
Aroundtown has recently launched its “Aroundtown Buzzes” project, designed to strengthen urban biodiversity. As part of the project, the company is providing the roofs of commercial properties it owns for bee colonies. This will become a permanent home for the ...
The COVID-19 pandemic has had a significant impact on the global economy, with many businesses struggling to stay afloat. Tech companies have been no exception, and many have had to make difficult decisions to cut costs and adapt to the ...
MILAN — Weeks of dry winter weather have raised concerns that Italy could face another drought after last summer’s emergency, with the Alps having received less than half of their normal snowfall, according to scientists and environmental groups. The warning ...