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Tag: introduction to finance

08/02/202311/07/2024

Euthanasia Soon to Be A Leading Cause of Death in Canada?

February 7, 2023 · 7:00 AM

From DailyMail:

Last year, more than 10,000 people in Canada – surprisingly that’s over three percent of all deaths there – ended their lives via euthanasia, an increase of a third in the previous year. And it’s likely to keep rising: next year, Canada is set to allow people to die exclusively for mental health reasons.

Only last week, a jaw-dropping story emerged of how, five years into an infuriating battle to obtain a stairlift for her home, Canadian army veteran and Paralympian Christine Gauthier was offered an extraordinary alternative.

A Canadian official told

…
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07/02/202311/07/2024

Stocks start the week lower as investors ponder the Fed’s rate path

US stocks fell Monday as investors faced another medley of earnings and evaluated the outlook for interest rates following January’s blowout jobs report.

The S&P 500 (^GSPC) closed down 0.6%, while the Dow Jones Industrial Average (^DJI) edged a modest 40 points, or 0.1%, lower. The technology-heavy Nasdaq Composite (^IXIC) declined 1%.

Dell Technologies (DELL) said Monday it would eliminate about 6,650 jobs, or roughly 5% of its global workforce, making it the latest in a wave of technology companies to announce layoffs. Shares fell 3% on Monday.

In a memo to employees, co-Chief Operating Officer Jeff Clarke said the

…
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06/02/202311/07/2024

China’s Finance Minister, Central Bank Governor to Attend Debt Roundtable in India -IMF

(Reuters) -China’s finance minister and its central bank governor will attend a roundtable with other creditors and some borrowing countries in February in India, IMF Managing Director Kristalina Georgieva said in a CBS’ 60 Minutes interview on Sunday.

“China has to change its policies because low income countries cannot pay,” she said.

“What we are working towards is to bring all creditors, the traditional creditors from advanced economies, new creditors like China, Saudi Arabia, India, as well as the private sector, and put them around the table with the debtor countries.”

Georgieva said last month the first such gathering will

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28/01/202311/07/2024

Tesla Stock Is Worth Just $130, Says Top Finance Professor Damodaran

text size

How to value Tesla is a hotly debated topic on Wall Street.

Xiaolu Chu/Getty Images

Valuing

Tesla

stock can be hard. Is it a tech company, just an auto company, or something in between? A famous finance professor has some help for investors. They might not like what he has to say, though.

Thursday evening, New York University’s Aswath Damodaran tweeted his updated valuation for

Tesla

(ticker: TSLA) stock. He thinks shares are overvalued, but not nearly as much as he did the last time he posted his assessment of the electric-vehicles leader. That’s the good news. The

…
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27/01/202311/07/2024

Purchase Order Financing Helps Small Businesses

Small businesses have traditionally struggled to access the same trade finance as their larger peers.

In an interview with PYMNTS, Sandra Nolasco, CEO at Madrid-based trade finance platform Twinco Capital, said that the problem boils down to the way traditional lenders assess creditworthiness.

According to Nolasco, standard lending models in the space limit growth because “your credit is capped by … by your balance sheet.”

“That means that even if you’re a good supplier and [the buyer] wants to triple the order, for example, they can’t because you don’t have enough money to buy the raw materials,” Nolasco pointed out.

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26/01/202311/07/2024

Inflation to vanish in 2023: David Rosenberg live

this section is

This section was produced by the editorial department. The client was not given the opportunity to place restrictions on the content or review it prior to publication.

by HSBC

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Exclusive coverage of Rosenberg Research event

Published January 19, 2023 • 4 minute read

8 Comments

David Rosenberg took Breakfast with Dave on the road on Jan.  19 with a live event in Toronto hosted by Rosenberg Research in partnership with the Financial Post.
David Rosenberg took Breakfast with Dave on the road on Jan. 19 with a live event in Toronto hosted by Rosenberg Research in partnership with the Financial Post. Photo by Peter J. Thompson/National Post

Article content

David Rosenberg took Breakfast with Dave on the road with

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22/01/202311/07/2024

Former finance minister paints unflattering picture of prime minister – Dan in Ottawa

Bill Morneau’s new book

Dan Albas – Jan 19, 2023 / 11:00 am | Story: 407013

Photo: Contributed

Central Okanagan-Similkameen-Nicola MP Dan Albas

Recently Prime Minister Justin Trudeau’s former star finance minister, Bill Morneau, authored a book titled “Where To From Here, A Path to Canadian Prosperity”.

As is common when promoting a new book, Morneau has conducted several media interviews. What is less common is Morneau leveled some heavy and serious criticism against Trudeau and his office.

Morneau makes several allegations along a theme suggesting Trudeau often ignores or rejects “carefully considered calculations” for announcements that sound good or

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20/01/202311/07/2024

The 2023 investment narrative is already diverging from 2022

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 am ET. Subscribe

Thursday, January 19, 2023

Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. Read this and more market news on the go with the Yahoo Finance App.

Despite Wednesday’s losses in the major US indexes, stocks are flying out of the gate in 2023.

The Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) are having their best start to a year since

…
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