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Joshua Rosner of investment bank Graham Fisher thinks the Citi rescue plan still does not go far enough, as the toxic assets still remain on Citi's books, and as long as home prices are declining the losses are increasing. The ultimate level of losses will be higher as they are pushed forward in a world of declining home prices.
Joshua Rosner of investment bank Graham Fisher thinks the Citi rescue plan still does not go far enough, as the toxic assets still remain on Citi's books, and as long as home prices are declining the losses are increasing. The ultimate level of losses will be higher as they are pushed forward in a world of declining home prices.
LyrArc Article Gist
Pricing of hotels in Rome Italy where $100 is a hostel, $200 a budget hotel, luxury $700 a night an up. Dynamic pricing means a hotel can cost $400 in the summer and $60 or $100 in September. This is true of mjor toruist destinations and major cities in Europe. Staying away from the city in a leafy suburb can get you a normally priced room on Booking.com as shown here in the range of $100-$200 and it is a good idea to stay away from the bustle and crowds. Rome's average nightly rate April 19 is $300 a night up about 15% over 2025. This tells you the first rule in travel in European Union is to choose destinations which are not the big cities, and away from the seasonal rush and crowds. The advice here is to look for residential neighborhoods (less costly and more peaceful), plan 6 months for peak season to get a decent price and a better shot at getting a decent hotel in Europe.
Pricing of hotels in Rome Italy where $100 is a hostel, $200 a budget hotel, luxury $700 a night an up. Dynamic pricing means a hotel can cost $400 in the summer and $60 or $100 in September. This is true of mjor toruist destinations and major cities in Europe. Staying away from the city in a leafy suburb can get you a normally priced room on Booking.com as shown here in the range of $100-$200 and it is a good idea to stay away from the bustle and crowds. Rome's average nightly rate April 19 is $300 a night up about 15% over 2025. This tells you the first rule in travel in European Union is to choose destinations which are not the big cities, and away from the seasonal rush and crowds. The advice here is to look for residential neighborhoods (less costly and more peaceful), plan 6 months for peak season to get a decent price and a better shot at getting a decent hotel in Europe.
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Original article 9 minutes, gist 1 minute
Original article 9 minutes, gist 1 minute
LyrArc Article Gist
Shift of business underway from Hong Kong to places such as Sydney, Taipei, Tokyo and Sydney, including capital and assets, is the topic of this video report in the WSJ. This follows the passage of national security law in Hong Kong.
Shift of business underway from Hong Kong to places such as Sydney, Taipei, Tokyo and Sydney, including capital and assets, is the topic of this video report in the WSJ. This follows the passage of national security law in Hong Kong.
LyrArc Article Gist
BBC cites a senior Foreign Office (Whitehall) figure about Starmer's appointment of Mandelson when the vetting raised serious questions, in this way-"it sums up Starmer's premiership: a man who claimed he was grown-up public servant turns out to be hopelessly out of touch with the detail." It cites many people from the UK Foreign Office and their concern about how the Labour government under Starmer has handled the Mandelson issue. Weith elections coming up, the BBC says this issue is not going away.
BBC cites a senior Foreign Office (Whitehall) figure about Starmer's appointment of Mandelson when the vetting raised serious questions, in this way-"it sums up Starmer's premiership: a man who claimed he was grown-up public servant turns out to be hopelessly out of touch with the detail." It cites many people from the UK Foreign Office and their concern about how the Labour government under Starmer has handled the Mandelson issue. Weith elections coming up, the BBC says this issue is not going away.
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LyrArc Article Gist
Bischoff was at Citigroup since 2000 and Rubin has been there for a decade, This WSJ editorial says they should take responsiblility for the failures at Citigroup, and should have been asked to give up their positions as part of the rescue package, and with them much of the old board.
Bischoff was at Citigroup since 2000 and Rubin has been there for a decade, This WSJ editorial says they should take responsiblility for the failures at Citigroup, and should have been asked to give up their positions as part of the rescue package, and with them much of the old board.
LyrArc Article Gist
The German state elections will be conducted under new election laws- a voter over 16 years old votes for one of 70 constituencies in the first state election in Baden-Wurttemberg and also votes for a party that helps determine the distribution of seats by party in the state parliament. The CDU candidate Manuel Hagel is leading by small margin over the Greens candidate Cem Ozdemir. This is the first state in 7 state elections in 2026 with cities of Stuttgart and Tubingen, Munich.
The German state elections will be conducted under new election laws- a voter over 16 years old votes for one of 70 constituencies in the first state election in Baden-Wurttemberg and also votes for a party that helps determine the distribution of seats by party in the state parliament. The CDU candidate Manuel Hagel is leading by small margin over the Greens candidate Cem Ozdemir. This is the first state in 7 state elections in 2026 with cities of Stuttgart and Tubingen, Munich.
LyrArc Article Gist
William Leitch says of this show in Spartanburg, South Carolina by Bob Dylan- it is about art and resilience and about just putting one foot in front of the other and continuing to be who you are and providing people of the world, what you alone can provide with what is your own unique product. Dylan cites in "To Ramona" as Leitch cites his motto- "Everything passes, everything changes. Just do what you think you should do." Dylan's concerts are smaller and in a simple format, not like Springsteen's. There is something perennial about him.
William Leitch says of this show in Spartanburg, South Carolina by Bob Dylan- it is about art and resilience and about just putting one foot in front of the other and continuing to be who you are and providing people of the world, what you alone can provide with what is your own unique product. Dylan cites in "To Ramona" as Leitch cites his motto- "Everything passes, everything changes. Just do what you think you should do." Dylan's concerts are smaller and in a simple format, not like Springsteen's. There is something perennial about him.
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Original article 5 minutes, gist 1 minute
Original article 5 minutes, gist 1 minute
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