Thu, Aug 8, 2024 1:50 PM
Evasion of duties & cess will now attract up to 100% penalty plus interest
A Flip by Avya Verma
Asian travelers don’t seem ready to return to the skies. If there’s any hope for the region’s airlines, it’s that this summer season spurs families and new flyers to spread their wings both locally and across the oceans. Data from carriers and industry bodies show strong growth and solid load factors, indications that the extra capacity being added to routes is finding a market among passengers.
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Long-term US Treasury yields have climbed so quickly that a prominent bear has said it’s time to take some chips off the table. Mark Dowding, chief investment officer at RBC BlueBay Asset Management, said he closed a bearish bet on long-maturity bond prices last week after a stronger-than-expected jobs report pushed 30-year Treasury yields above 5% for the first time since November 2023.
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This is part of a series on what 14 years of Tory rule have delivered for Britain’s economy, society and standing in the world. The challenges awaiting the next government are numerous. Britain takes a third of all the money flowing from venture capital investors into Europe and has done so almost consistently for the last 14 years.
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