Overview: The dollar is bid to start the new week. It has taken out last week's high against the Swiss franc, and the euro has been sold through last week's lows. The divided opposition allowed Ishiba to continue as Japan's prime minister, heading up a minority government. The German government collapsed last week. Chancellor Scholz wanted to hold off holding (and losing) a vote of confidence until January, setting the stage for elections, but it seems increasingly likely sooner. Meanwhile,...

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Montpellier – France – November 7th, 2024 – Cilcare, a clinical-stage biotechnology company specializing in the development of innovative therapies for inner ear disorders, is pleased to announce the appointment of Dr. Mélanie Berta as Project Manager, Drug Development. With a robust background in Pharmaceutical Program Management and Cross-functional Team Leadership, Dr. Berta brings a wealth of expertise to Cilcare’s flagship program, CIL001. In her new role, she will oversee CIL001’s progression to clinical development, ensuring its advancement toward key...

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The Irish General Election has been called for Friday, 29th November Following the passage of the Finance Bill earlier this week, Taoiseach Simon Harris announced his intention to dissolve the Dáil on Wednesday ahead of a general election on 29 November. When speaking on his rationale for this process, the Taoiseach outlined that it was important to unveil an election date in a fashion “that was respectful to the budgetary process” and ensure the coalition Government “could come to an amicable end.” This election date came as...

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In the dynamic sphere of global investment, emerging markets are capturing increasing attention as critical venues for mining initiatives. These regions, marked by their swift economic growth and expansive reserves of untapped natural resources, present compelling opportunities for mining companies aiming to broaden their operational scope and stimulate growth. For instance, countries within Africa, Southeast Asia, and Latin America have reported growth rates surpassing 5% annually, significantly outpacing those of more developed economies. However, the allure of high returns is...

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On October 22, 2024, the Consumer Financial Protection Bureau (CFPB) announced its long-awaited final rule on “Personal Financial Data Rights” (the Final Rule). The Final Rule implements Section 1033 of the Dodd-Frank Act, which provides consumers the right to access and port their financial information between banks and other financial entities. For an analysis of the proposed rule, please see our analysis here. The Final Rule aims to spur greater choice and increase competition by requiring “data providers” to make consumer’s financial data accessible to...

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“Safer Together”: the Niinistö report on EU preparedness and security The European Union faces an increasingly complex landscape of security challenges—from hybrid warfare tactics and climate crises to military threats along its borders. In response to these emerging concerns, former Finnish President Sauli Niinistö -who led his country’s bid to become a NATO member- unveiled on Wednesday (30 October) a comprehensive 164-page report on the European Union’s civilian and military preparedness. The report, titled Safer Together: Strengthening Europe’s Civilian and Military...

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Jacksonville, FL – Curl Translations, a boutique language services company offering translation and language-related services in over 60 language combinations, is proud to announce that it has officially been certified as a Women-Owned Business by the Women’s Business Enterprise Council (WBEC). It has also received its Women-Owned Small Business (WOSB) certification from the Federal Contract Program of the United States. This certification underscores Curl Translations’ commitment to supporting the network of women-owned businesses in today’s global marketplace. For over 12...

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The Committee on Foreign Investment in the United States (CFIUS), the interagency U.S. government body responsible for most national security reviews of inbound foreign investments, is required by law to provide an annual report to Congress on its activities from the previous year. Last week, CFIUS released its annual report to Congress covering activities from calendar year 2023. Here are the main things we learned, including our unique analysis of the statistics reported by CFIUS.   Fewer filings, but more are...

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Overview:  The US 10-year yield is off around a dozen basis points off yesterday's high and European growth in Q3 was better than expected. This appears to have encouraged some dollar liquidation today. The greenback is softer against the G10 currencies, but the Canadian dollar and sterling. The much-awaited UK Autumn budget will be announced shortly. Sterling is consolidating around $1.30. Most emerging market currencies also are enjoying a firmer tone today.  Asia Pacific and European equities are trading heavier....

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