Bundesbank scraps Basel rules for small banks; Leverage ratio replaces buffers leaving SMEs exposed

Germany’s Bundesbank is eyeing a shortcut for small and medium-sized banks. Basel capital rules could be scrapped in favor of a single leverage ratio. No risk-weighting. No buffers. Just raw exposure. https://finanz-szene.de/banking/bundesbank-erwaegt-verzicht-auf-basel-anforderungen-fuer-kleinbanken/ The leverage ratio was never meant to stand …

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El Salvador’s ruling party scraps term limits in 57‑3 vote. Debate‑free reforms let Bukele run indefinitely, extend term to six years, and eliminate runoffs.

El Salvador’s legislature approved removal of presidential term limits in a 57‑3 vote, clearing a path for President Nayib Bukele to seek unlimited re‑election. “Democracy in El Salvador has died” — opposition lawmaker Marcela Villatoro https://www.reuters.com/world/americas/el-salvador-scraps-presidential-term-limits-opening-door-another-bukele-term-2025-07-31/ Human Rights Watch Americas director …

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EU scraps pesticide proposals in another concession to protesting farmers

People power works, especially when accompanied by heavy machinery. The farmers are our foot soldiers; their tractors are our tanks..https://t.co/wl0GtKthXj pic.twitter.com/0FpgOzM08j — Tess Summers 🏴󠁧󠁢󠁥󠁮󠁧󠁿🇮🇪 (@tesssummers98) February 6, 2024 The European Union’s executive arm has shelved an anti-pesticides proposal in …

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