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Thank you for signing up to our Politics newsletter. Something went wrong - please try again later. Sign Up “I don’t think there’s anything controversial about trying to make parliament more inclusive,” Fatima Joji says. The Nigerian-Scot, from Westhill, Aberdeenshire, is excited about her position topping the SNP’s north-east regional list for the Scottish Parliament elections in May. But she has spoken out against those who “seem to think that I have been somehow parachuted into what they see as being a gravy train position simply because I am a BAME woman”. It comes a...

If you lived in Alaska, you’d probably be looking forward to your annual check from the Permanent Fund Dividend (PFD). The money, mostly from oil-production revenues, has been paid to qualified residents of the state since 1982. The 2019 PFD ($1,600) was distributed to more than 85% of the 731,500 people living in Alaska.  Beyond the state last year millions of Americans got a taste of the Alaska experience through virus relief checks sent out by the federal government. In April 2020, 127.5 million eligible adults (about 38% of the U.S. population) received $1,200 as part of the $2.2 t...

The global sovereign bond market is fracturing, and its ramifications for asset prices cannot be overstated. Borrowing costs around this debt-disabled world are now surging. The long-awaited reality check for those that believed they could borrow and print with impunity has arrived. From the U.S., to Europe and across Asia, February witnessed the biggest surge in borrowing costs in years. Thursday, February 25, 2021, was the worst 7-year Note Treasury auction in history. According to Reuters, the auction for $62 billion of 7-year notes by the U.S. Treasury witnessed demand that was the weakes...

The global sovereign bond market is fracturing, and its ramifications for asset prices cannot be overstated. Borrowing costs around this debt-disabled world are now surging. The long-awaited reality check for .03/10/2021 19:37:34PM EST.

By Jo Derrick