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global news roundup russian invasion concerns assisted dying bill and middle east updates
Šakalienė warned that a Russian invasion of Lithuania would lead to severe atrocities, emphasizing the need for European nations to take responsibility for their defense. Meanwhile, the Isle of Man has passed a bill legalizing assisted dying, making it the first in the British Isles to do so. In other news, Israeli authorities released Palestinian director Hamdan Ballal after his detention, and a Sudanese war monitor accused the military of a deadly airstrike in Darfur.
banker pay surges at barclays and hsbc after bonus cap removal
Pay for top bankers at Barclays and HSBC has surged following the removal of the UK banker bonus cap, with some receiving payouts of nearly €20m in 2024, a significant increase from previous years. This change allows banks to offer bonuses up to ten times salaries, leading to record compensation levels since 2014. The number of bankers earning over €1m also rose, reflecting the impact of looser regulations on pay structures.
us bond strategists warn of potential crisis amid trumps economic agenda
Concerns are rising that the U.S. could face a crisis similar to Britain's 2022 mini-budget disaster, particularly with Donald Trump's return to the presidency and his proposed economic policies. Analysts warn that his agenda could lead to increased inflation and bond yield volatility, prompting foreign investors to reconsider U.S. Treasurys. While the dollar's status as the world's reserve currency offers some resilience, a sustained rise in yields could challenge its strength if inflation expectations rise significantly.
analysts recommend buying uk homebuilder stocks after significant market drop
Morgan Stanley analysts recommend increasing investments in UK homebuilder stocks following a significant decline in the sector, which experienced its worst drop since the aftermath of the Truss government's mini-budget. The FTSE index for new home construction firms remained stable after a 5.9% fall, contrasting with a 7.4% drop on September 29, 2022, triggered by a previous budget announcement.
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