German ZEW survey mix

Remarks / Observations – German ZEW survey in November mixed. Stressed that the domestic recovery loses momentum as the end of the year approaches, but that optimism persists. – German trade data for September shows that the export sector is still shaking. – awaiting data on US inflation and speeches …

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Santander to Axe Some Overdraft Fees

Santander Bank has launched a new program that it says will eliminate overdraft fees for nearly a third of its customers who have recently overdrawn. Announced on Monday (Nov. 8), the Santander Safety Net raises the no-fee overdraft threshold to $100, which it says is the highest of any traditional …

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How to decarbonize global trade in a fair way

Bombay: Steel, cement and fertilizers are all the main export products of developing countries and their production is very polluting. Should rich countries impose a carbon tax on borders to penalize emissions from these industries in developing countries, hopefully encouraging them to adopt greener technologies? Or will it just impose …

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U.S. Democrats Pass Billion-Dollar Infrastructure Bill

After a day of stalemate, Democrats put aside divisions between progressives and centrists to adopt a $ 1 trillion package of freeway, broadband and other infrastructure improvements, sending it to President Joe Biden to sign the law. The 228 to 206 vote on Friday night is a substantial triumph for …

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