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Tunisia parliament rejects government

Bloomberg Tunisia’s parliament rejected the government put together by PM Habib Jemli, a move that could delay efforts to implement reforms in the North African nation. Jemli won the votes of 72 of the 217 deputies in parliament in the vote of confidence, according to the Watania 1 television station. The move gives President Kais Saied a key role in appointing ...

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‘Fed’s Jerome Powell was early spotting labour market slack’

Bloomberg Jerome Powell was an early adopter of the view that US unemployment could fall further than thought, but back then didn’t parlay that insight into a more dovish stance on interest rates. Transcripts of Fed meetings in 2014 showed then-governor and now-Chairman Powell was already among the most optimistic Fed officials about how many Americans could be drawn back ...

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Lisa Raitt appointed new CIBC ‘vice chair’

Bloomberg Canadian Imperial Bank of Commerce hired former Conservative Party lawmaker Lisa Raitt as a vice-chair for global investment banking. Raitt joins CIBC on January 27 and will focus on developing and fostering senior-level client relationships and business development globally for CIBC’s capital markets division, the Toronto-based bank said in a statement. She’ll be based in Toronto. “Lisa’s experience leading ...

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