Page 207 - Bon News Today

Don’t Block Gentrification, Manage It Feb 03 2021, 12:10 AM January 31 2021, 6:30 PM February 03 2021, 12:10 AM (Bloomberg Opinion) -- Supporters and opponents of gentrification seem to agree on one thing: It can’t be stopped. I’d argue that the more important question is whether the process can be managed — its benefits maximized and its costs mitigated. With enough will and engagement at the community level, as well as strong direction and coordination from local governmen...

(Bloomberg) -- Commercial Bank of Qatar is committed to its business in Turkey for “the long haul” and will focus on building its operations there, according to the top executive at the lender.

Bond Market Is Jettisoning U.K. Negative-Rate Bets Ahead of BOE Jan 30 2021, 3:39 PM January 30 2021, 10:30 AM January 30 2021, 3:39 PM (Bloomberg) -- Traders are scrapping bets that the U.K. will implement negative rates this year, calling time on one of the most popular wagers of 2020 ahead of a Bank of England meeting that’s expected to address the debate. (Bloomberg) -- Traders are scrapping bets that the U.K. will implement negative rates this year, calling time on one of the most pop...

(Bloomberg) -- Some of the biggest and best-performing emerging-market bond investors are back buying Turkish debt. The rise in appetite for Turkish debt comes after a period of continuous unloading since September 2018, when foreigners owned 20% of Turkish debt.

(Bloomberg) -- Slovenia is planning a quick return to the European debt market, with a pioneering 60-year bond. The ex-Yugoslav eurozone nation plans to offer benchmark-size notes due March 2081 via BNP Paribas SA, Deutsche Bank AG, Goldman Sachs Group Inc.

(Bloomberg) -- Kuwait forecast its eighth consecutive budget deficit for the year starting April 1, unveiling a fiscal plan that sees a near-7% rise in spending as political bickering delays reforms and stymies borrowing. The shortfall is projected at 12.1 billion dinars ($40 billion), 13.

(Bloomberg) -- Deutsche Bank is probing whether its staff sold investment banking products to clients that breached EU rules -- and then colluded with individuals to split the profits, the Financial Times reported, citing unidentified people.

(Bloomberg) -- Goldman Sachs Group Inc. revised its forecasts for the Turkish currency again, projecting further gains in the near term but warning that “the extent of lira appreciation may be limited.

(Bloomberg) -- Mexico’s antitrust body has fined seven banks a total of $1.5 million, only 4% of potential penalties, following a four-year investigation into alleged price rigging in the peso bond market, according to a document seen by Bloomberg News.

With Burns Night 2021 fast approaching, although looking a bit different this year, people can still mark the big night by enjoying a host of virtual Burns celebrations and suppers. January 25 is known worldwide as Burns Night - the birthday of Robert Burns, Scotland’s national bard – traditionally celebrated with a meal of haggis, turnip (‘neeps’) and potatoes (‘tatties’), and a wee dram of whisky.  Some of these events include Dumfries’ famous Big Burns Supper - with co...