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PG&E may give workers notices on bankruptcy

Bloomberg PG&E Corp, the California utility giant facing billions of dollars in wildfire liabilities, may notify employees as soon as Monday that it’s preparing a potential bankruptcy filing, according to people familiar with the situation. The San Francisco-based utility owner is planning to send the notice to fulfill a state law that requires the company to alert workers at least ...

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Denmark tests extreme ‘mortgage pricing’

Bloomberg Danes may soon be able to get 30-year home loans at just 1.5 percent. That’s considerably less than many sovereign states pay to borrow for that period, including the US government. It’s not the first time Denmark’s mortgage-backed covered-bond market — the world’s biggest — has tested such extreme levels. It tends to occur when investors from Germany to ...

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AfD is a Rorschach test for Germany’s politics

Armin-Paulus Hampel, a former journalist and commentator who now is a member of the Bundestag, is ebullient, affable, opinionated, voluble and excellent company at lunch. But because his party is Alternative for Germany (AfD), one wonders whether he is representative of it, and whether he is as congenial politically as he is socially. AfD is a Rorschach test for observers ...

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