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Biden, Democrats push ‘dark-money’ disclosure bill

Bloomberg President Joe Biden and congressional Democrats are making a pre-election push for legislation targeting so-called dark money groups, despite the party’s own heavy reliance on these anonymous donors. The legislation, which would require disclosures of large political donations, is almost certain to fail amid strong GOP opposition. But it gives Democrats a chance to make a political point less ...

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Congo’s leader criticises Rwanda over alleged incursions, rebel support

  Bloomberg Democratic Republic of Congo’s President Felix Tshisekedi excoriated Rwanda for alleged incursions by its army and its support for a rebel group in his country’s eastern region in a wide-ranging speech at the United Nations General Assembly. Tshisekedi cited a report by UN experts that accuses Rwanda of backing the M23 rebel group, which occupies a small part ...

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Britain looks at QE change to avert £10bn payout to banks

Bloomberg UK Prime Minister Liz Truss’s new government has looked at changing the Bank of England’s (BOE) money-printing program to save the UK taxpayer billions of pounds at a time when the public finances are under increasing strain. Under the option, interest paid on some deposits held by commercial lenders at the BOE would be scrapped, potentially saving more than ...

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