Funding & Business
Powell’s Last Stand at Jackson Hole
Indian exporters said they will lobby the central bank to allow them to temporarily convert proceeds from their US business at a rupee rate that’s 15% lower than current levels, to help cushion the blow from President Donald Trump’s punitive tariffs.
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Divestments related to the Israel-Hamas war have brought charges of politicization — and warnings from the Trump camp.
In April, New Zealand’s government found itself in a bind. It had just relaunched its golden visa program, offering wealthy foreigners residency in exchange for a minimum NZ$5 million ($3 million) investment. But there was a major hitch: existing laws prevented those investors from buying a home to live in — undercutting one of the main draws of relocating.
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Business6 days agoThe Guardian view on Trump and the Fed: independence is no substitute for accountability | Editorial
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