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The Gist: Morning Brief - Economic migration and workforce mobility | July 21
Today's essential intelligence covering international developments and European affairs. Capital Has Limits
London’s incoming Treasury team is weighing post-Brexit City reforms that would let banks hold less capital to juice lending, yet the Bank of England’s latest stress test already shows the big five could absorb a £125 bn hit and still meet safety buffers (FT, BoE). Beijing’s Counter-Pressure on Brussels
China warned that the EU’s 14th Russia-sanctions package, blacklisting 4 mainland chipmakers and logistics firms, will have a “grave impact” (MofCom, ANSA).
London’s incoming Treasury team is weighing post-Brexit City reforms that would let banks hold less capital to juice lending, yet the Bank of England’s latest stress test already shows the big five could absorb a £125 bn hit and still meet safety buffers (FT, BoE). Beijing’s Counter-Pressure on Brussels
China warned that the EU’s 14th Russia-sanctions package, blacklisting 4 mainland chipmakers and logistics firms, will have a “grave impact” (MofCom, ANSA).
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By The GIst AI EditorToday's essential intelligence covering international developments and European affairs. Capital Has Limits
London’s incoming Treasury team is weighing post-Brexit City reforms that would let banks hold less capital to juice lending, yet the Bank of England’s latest stress test already shows the big five could absorb a £125 bn hit and still meet safety buffers (FT, BoE). Beijing’s Counter-Pressure on Brussels
China warned that the EU’s 14th Russia-sanctions package, blacklisting 4 mainland chipmakers and logistics firms, will have a “grave impact” (MofCom, ANSA).
London’s incoming Treasury team is weighing post-Brexit City reforms that would let banks hold less capital to juice lending, yet the Bank of England’s latest stress test already shows the big five could absorb a £125 bn hit and still meet safety buffers (FT, BoE). Beijing’s Counter-Pressure on Brussels
China warned that the EU’s 14th Russia-sanctions package, blacklisting 4 mainland chipmakers and logistics firms, will have a “grave impact” (MofCom, ANSA).