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sheepsies · 9 months
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Current UK Stats (July 2023):
- Inflation Rate: 7.9%
- Bank Rate: 5%
- National Debt: 101.9% of GDP
- Unemployment Rate: 3.5%
- by bhavya ☆
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sheepsies · 11 months
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- France banned domestic short haul flights where there are train alternatives in order to cut carbon emissions - there are few exceptions (between Paris and some other major cities)
- Connecting flights are unaffected
- Some within the airlines industry say this will only have minimal effects and the government should find other more effective solutions
- UFC-Que Choisir and other climate activists want lawmakers to go back to banning plane journeys if rail alternatives under 4h were available - this was originally suggested n 2019 but revised and changed to 2.5h
- Domestic flights currently produce the most emissions per passenger per km travelled (taking both CO2 emissions and non CO2 emissions into account)
- article summary by bhavya ☆
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sheepsies · 1 year
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- JP Morgan Chase took over First Bank Republic
- First Republic is the 3rd US bank to fail in recent months
- 84 First Republic Bank offices will reopen as JP Morgan Chase bank branches
- JP Morgan Chase will pay $10.6bn for the bank - more than half its market value at the start of the year
- JP Morgan have said they will take on $173bn in loans, $30bn of securities and $92bn of deposits from First Republic
BBC article summary by bhavya ☆
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sheepsies · 1 year
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Current UK Stats:
- Inflation Rate: 10.1%
- Current Bank Rate: 4.25%
- National Debt: 99.2% of GDP (Feb 2023)
- Unemployment rate: 3.7% (Feb 2023)
- by bhavya ☆
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