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Liz Truss announcing her resignation on 20 October 2022. On 5 September, after a seven-week campaign period, Truss was announced as the new leader of the party after receiving 57.4% of the members' vote and was appointed prime minister the following day. Kwasi Kwarteng, then Chancellor of the Exchequer, announced large-scale borrowing and tax ...
The Chinese property sector crisis is a current financial crisis sparked by the 2021 default of Evergrande Group. Evergrande, and other Chinese property developers, experienced financial stress in the wake of overbuilding and subsequent new Chinese regulations on these companies' debt limits. The crisis spread beyond Evergrande in 2021 to such ...
A consistently popular summer destination with 30 miles (48 km) of beaches, Cape May County attracts vacationers from New Jersey and surrounding states, with the summer population exceeding 750,000. Tourism generates annual revenues of about $6.6 billion as of 2018, making it the county's single largest industry.
The 10% of the brain myth states that humans generally use only one-tenth (or some other small fraction) of their brains. It has been misattributed to many famous scientists and historical figures, notably Albert Einstein. [1] By extrapolation, it is suggested that a person may 'harness' or 'unlock' this unused potential and increase their ...
Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. For example, if a bond has a face value of $1,000 and a coupon rate of 5%, then it pays total coupons of $50 per year.
On May 25, 1979, American Airlines Flight 191, a McDonnell Douglas DC-10 on a Memorial Day weekend flight to Los Angeles International Airport, had its left engine detach while taking off from runway 32R, then stalled and crashed into a field some 4,600 feet (1,400 m) away. 273 died, including two on the ground, in the deadliest single-aircraft ...
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