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Chicago Tribune (September 13)

2020/ 09/ 14 by jd in Global News

Chicago “like other major cities around the world, is a global city, a hub in the global economy, and that economy is on the ropes.” But “globalization is no unalloyed blessing.” Some would rather say goodbye to this “powerful economic force that richly rewards some and impoverishes others.” We can’t. “For better or worse, the global economy is the only economy we’ve got. Like the industrial economy before it, it is flawed, often cruel, but it pays the bills. If Chicago is to mend its divisions, it will have to do it with the money it reaps from its status as a global city.”

 

Investment Week (April 27)

2018/ 04/ 30 by jd in Global News

The European Union’s Packaged Retail and Insurance-based Investment Products (PRIIPS) regulation “is aimed at helping retail investors better understand and compare the key features, risks, rewards and costs of different products through a short Key Information Document (KID).” However, Andrew Bailey, the chief executive of the Financial Conduct Authority (FCA) “has expressed he is ‘concerned’ about the new PRIIPS legislation, highlighting literature requirements ‘are not providing useful context’ while there is evidence it is causing US funds to withdraw from Europe.”

 

USA Today (October 7) USA Today (October 7)

2013/ 10/ 08 by jd in Global News

“There are two Americas, all right. There’s one that works — where new and creative things happen, where mistakes are corrected, and where excellence is rewarded. Then there’s Washington, where everything is pretty much the opposite.”“There are two Americas, all right. There’s one that works — where new and creative things happen, where mistakes are corrected, and where excellence is rewarded. Then there’s Washington, where everything is pretty much the opposite.”

 

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