Big banks in Britain are preparing for any future escalation of Western sanctions on China and have shared their “scenario planning” with the British and U.S. governments

via reuters: Banking industry is assessing China exposures Review of risks sent to Western governments – UK Finance Bank boards discuss possible impact of any China curbs – bankers Lawyers receive surge in calls for mitigation advice West-China tensions have …

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Many Americans are experiencing financial hardship due to the rising expenses of basic needs including housing, transportation, and credit card debt. Personal income fails to keep up with spending for three months.

With the median mortgage payment exceeding the cost of rent by $1,000 per month and average new car payments and used car loan interest rates reaching new highs, households are feeling the strain of increasing expenses. The milestone of $1 …

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“Ten years ago, people who were stealing were hiding products in their jackets or down their pants. These days they’re filling up a trolley and pushing it back out the front door and they don’t care who sees them.”

Cost-of-Living Stress Fuels Crime Wave in Australia, New Zealand (Bloomberg) — A man strolls out of a New Zealand supermarket carrying bags stuffed with nine stolen legs of lamb. Another pushes out a shopping cart stacked with NZ$1,500 ($896) of …

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Elon Musk: Don’t want to blow their minds, but there is a slight possibility that not everything is Russian disinformation

🇷🇺 Elon Musk is 100% correct to point out that Putin’s concern over Nazism in Ukraine is not “Russian disinformation.” https://t.co/bLmIyKwi7x — Jackson Hinkle 🇺🇸 (@jacksonhinklle) September 26, 2023 🇨🇦 Canada must be de-Nazified pic.twitter.com/a4XerYZDkp — Jackson Hinkle 🇺🇸 (@jacksonhinklle) …

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