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Brookfield buys two US renewable-power firms

  Bloomberg Brookfield Asset Management Inc. acquired two US renewable-power companies — Scout Clean Energy and Standard Solar — for a total of $1.54 billion and plans to invest as much as $510 million to further develop those businesses. The deals were made by Brookfield Renewable Partners LP, a publicly traded subsidiary of Toronto-based asset manager, and funded by the ...

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This year’s midterms are so hard to predict

Very few people will confess to being such loyal followers of their political party that they automatically adopt whatever positions it takes. Most voters like to think of themselves as independent: They have their own opinions on the issues, and they support candidates, not parties. People are not necessarily wrong to think like this — as the political scientists Chris ...

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The stealth tax buried in UK’s budget

For all the talk of tax cuts in UK Chancellor of the Exchequer Kwasi Kwarteng’s mini budget last week, the most significant stealth tax imposed by his predecessor Rishi Sunak remains very much in place. In his spring budget of 2021, Sunak sought to offset the cost of the pandemic with a four-year freeze in income-tax thresholds. Ordinarily, these thresholds ...

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