South Africa’s National Treasury will withhold state funding for Johannesburg and dozens of other municipalities this month over their failure to manage their finances properly.
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South Africa’s National Treasury will withhold state funding for Johannesburg and dozens of other municipalities this month over their failure to manage their finances properly.
Three consecutive downside inflation surprises and the slowest private-sector wage growth since 2020. It should be enough to convince investors that the Bank of England is entertaining interest rate cuts.
An unprecedented transfer of wealth in the coming decades is likely to disproportionately benefit America’s most affluent families, boosting their fortunes by trillions of dollars, according to a July report…