Zohran Mamdani’s capitalist plan to fix the housing crisis

New York — Real estate developers spent millions to stop Zohran Mamdani from becoming New York City’s mayor, claiming his policies would destroy the city. Mamdani wants their help.Mamdani was elected on a platform of rent freezes and government-backed housing, proposing a $100 billion plan during the campaign to create a Vienna-style social housing model. But his … Read more

Jamie Dimon has a plan to revive the West: A ‘big, beautiful’ deal with Europe

“I believe the U.S. should offer Europe a major inducement: If it executes meaningful economic and military reforms, including everything that we consider crucial for security and resiliency, the U.S. will negotiate one big, beautiful economic and free-trade agreement with Europe,” Dimon wrote in an opinion piece in the Wall Street Journal published on Monday. … Read more

Đà Nẵng international financial centre joins sustainable finance network

NEW YORK — The Vietnam International Financial Centre in Đà Nẵng (VIFC-DN) has become a member of the Financial Centres for Sustainability (FC4S) network, coordinated by the United Nations Development Programme (UNDP). The announcement was made during a working session between a delegation from Đà Nẵng city, led by municipal People’s Committee Chairman Nguyễn Mạnh Hùng, … Read more

Masters graduates in finance jobs enjoy sharp rise in pay, FT ranking shows

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China, U.S. agree to $30 billion tariff cut, AI dialogue during Xi visit, Beijing says

China said on Saturday it had agreed with the U.S. on a $30 billion reciprocal tariff-reduction arrangement ⁠and on launching a dialogue on AI, under an eight-point consensus reached during ​President Xi Jinping’s visit to ​Washington. The two ​sides have also agreed to set up a trade council and extend the outcomes of earlier talks … Read more

UK banks make first interbank transactions using tokenised deposits

LONDON/PARIS, Sept 24 (Reuters) – Britain’s biggest banks have ​completed the world’s first transactions using tokenised deposits to move money between themselves, a boost for ‌a blockchain-based version of commercial bank money that proponents say offers a safer alternative to stablecoins. Banks and other financial institutions have for more than a decade been looking for … Read more

Punjab Approves Rs. 4 Billion for College Teacher Intern Salaries

The Punjab Finance Department has approved Rs. 4 billion for the payment of salaries and stipends to College Teacher Interns (CTIs) across the province. According to sources, the funds will initially be released to the Higher Education Department for payments to the interns. The Higher Education Department has already submitted a summary seeking approval to … Read more

Punjab to Introduce AI Scanner for Early Cancer Detection

Punjab Chief Minister (CM) Maryam Nawaz Sharif has given in-principle approval for introducing an artificial intelligence (AI)-powered multi-disease scanner in the province to improve the speed and effectiveness of medical screening and diagnosis. The chief minister was briefed on the technology during a meeting with senior executives of Chinese technology company Alibaba. According to the … Read more