The broadband industry continues (wrongly) to claim that broadband prices in the United States are falling

of tomato -tomato department When data does not follow its path, the American broadband industry tends to create data that. This was certainly the case during Trump’s tax cuts, when the industry claimed that a tax break would create thousands of new, well-paying jobs and boost investment in broadband (this …

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Here’s why TIL (NSE: TIL) has a heavy debt burden

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett said “volatility is far from risk.” So it can be obvious that you need to consider debt, when you think about how risky a given stock is, because too much …

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California’s Comerica Bank index climbs

DALLAS, June 1, 2021 / PRNewswire / – The Comerica Bank California Economic Activity Index rose in March to 108.0. The March reading is 17% above the all-time low of 92.7 set in June 2020. The index averaged 107.8 points in 2020, 18.9 points below the average for all of …

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Montana passes personal and corporate income tax reform

Montana passed structural personal and corporate income tax reforms during the recently adjourned legislative session, enacting three bills reducing personal tax rates, simplifying the personal tax system of government, repealing 16 tax credits and changing the allocation factor for corporate income tax. This tax reform package, signed by Governor Greg …

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Rising pensions will cut wages: Treasury

Dr Kennedy said that every 0.5 percentage point annual increase in the super guarantee would lead to 0.4 percentage point lower wage growth each year. “The super guarantee increases are reflected in our salary forecast,” said Dr. Kennedy. “Obviously, it’s always people’s income, but they go into super and they …

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AMMB profit before provision amounts to RM 2.4 billion

Growth reflects the strength of the bank’s diverse franchise and effective cost management strategy despite a difficult year by LYDIA NATHAN / Photo by TMR FILE PIX AMMB Holdings Bhd’s profit before provision (PBP) for its fiscal year ended March 31, 2021 (FY21) jumped 14.2% year-on-year (year-on-year) to RM2.42 billion …

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The world is now expected to reach a 1.5 ° C watershed in the next five years

Chances are rising that the annual average global temperature will exceed 1.5 ° C above pre-industrial levels in at least one of the next five years, the UN weather agency warns in a new report released Thursday. The World Meteorological Organization (OMM) stated that there is a 40% chance that …

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Will Indonesia’s Omnibus Reforms Support Recovery From COVID-19?

Author: Roland Rajah, Lowy Institute Indonesia’s new “ omnibus job creation law ” has been spoils by the public controversy that surrounded its passage at the end of last year. The government nonetheless hailed the law as a major regulatory overhaul that would attract foreign investment and create jobs. In …

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Australia’s carbon emissions drop 5% in 2020, Energy News, ET EnergyWorld

MELBOURNE, – Australia’s carbon emissions fell 5% in 2020 with growth in wind and solar power, a blow to the transport of coronavirus lockdowns and an increase in carbon capture in the huge Gorgon LNG project, the government said on Monday. Emissions fell from 26 million tonnes to 499 million …

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AmBank turns red in Q4, not thanks to 1MDB settlement and write-downs

KUALA LUMPUR (May 31): AMMB Holdings Bhd (AmBank) dipped into the red in the fourth quarter ended March 31, 2021 (4QFY21), driven mainly by one-time exceptional items totaling RM 4.77 billion, including the 1Malaysia Development Bhd (1MDB). Among the exceptional items recorded in 4QFY21, the most important was the settlement …

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