Is Exxon Mobil (NYSE: XOM) Using Too Much Debt?

David Iben put it well when he said, “Volatility is not a risk we care about. What matters to us is to avoid the permanent loss of capital. ‘ So it seems like smart money knows that debt – which is usually involved in bankruptcies – is a very important …

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Self-help groups and financial inclusion in poverty reduction

Financial inclusion, in its narrowest connotation, is generally assumed to be a business that provides people, especially those in the previously unbanked region, with a bank account. However, this simple possession of a bank account cannot bring wonders, besides being incomplete in defining the intended meaning of financial inclusion. What …

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Thai coal giant Banpu targets 6-fold solar growth with Australian deal

BANGKOK – Banpu, Thailand’s largest coal company, has decided to acquire two solar farms in Australia with the aim of increasing its renewable energy capacity six-fold by 2025. Banpu on Tuesday announced the purchase for A $ 97.5 million ($ 75.4 million) of the power plants with a combined capacity …

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Price hikes should be short-lived – so let’s not resurrect inflation as a scarecrow | William Mitchell

A Ten years ago, the financial press, echoing the predictions of mainstream macroeconomists, was obsessed with whether governments would run out of money as deficits grew to tackle the global financial crisis. The harsh predictions of rising bond yields and inevitable defaults have turned out to be in vain. Now, …

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Indoor track: Competition and consumer

In the media Collective bargaining by small businesses facilitated by the block exemption Small businesses, franchisees and fuel retailers can use the class exemption for collective bargaining. This category exemption, which is the first made by the ACCC, will allow collective bargaining without having to seek prior approval from the …

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Productivity Committee Chairman Michael Brennan warns budget debt will be a “high cost” for future generations

He also warned that the renewed promotion of national self-reliance in the manufacturing sector would make Australians “poorer”. Mr Brennan said the $ 250 billion emergency budget response, including the JobKeeper wage subsidy, had shifted from an “insurance” policy during lockdowns to more recently a traditional “Keynesian” stimulus to bolster …

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Was North Carolina one of the “worst” states for business before the recovery? :: WRAL.com

By Paul Specht, PolitiFact journalist To hear the Republicans of North Carolina say it, they have changed their state. Democrats controlled state government for over 100 years before the GOP took control of the legislature in 2010 and then the governor’s residence in 2012. As State Senator Paul Newton pointed …

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Is SSR Mining (TSE: SSRM) a risky investment?

Warren Buffett said: “Volatility is far from synonymous with risk”. So it seems like smart money knows that debt – which is usually involved in bankruptcies – is a very important factor, when you assess the level of risk of a business. We can see that SSR Mines Inc. (TSE: …

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Concerns arise over next phase of UK easing restrictions

Remarks / Observations – Germany, April factory orders fell unexpectedly in April. – UK housing data in Halifax continue to be boosted by the extension of the stamp duty exemption. – British Prime Minister Johnson said he was under pressure to leave certain Covid measures in place amid further evidence …

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