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Weekly Commentary: Revisiting The Bursting China Bubble

The late-nineties U.S. “tech” Bubble was financed, at the margin, by high-yield debt (telecom, in particular), speculative hedge fund levered finance, and GSE liquidity. Read more.

Djokovic admits Covid breach and error on Australia forms

Tennis star says he participated in photo shoot after testing positive as Canberra weighs cancelling visa

Amazon strikes deal with UK spy agencies to host top-secret material

London Playbook: SCOOP: £18B cost of Plan B — Pay attention — Booster boost

London Playbook: SCOOP: £18B cost of Plan B — Pay attention — Booster boost
politico.eu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from politico.eu Daily Mail and Mail on Sunday newspapers.

Mike Ashley picks over Debenhams carcass

© Carl Court/Getty Images Mike Ashley’s (pictured) Frasers Group is attempting a “last-minute rescue” of Debenhams, the “stricken” UK department store chain, says Nic Fildes in the Financial Times. The talks between Frasers and the Debenhams’ liquidators are taking place “in good faith” despite Ashley’s “public war of words” with Sir Philip Green, whose Arcadia Group, which has also collapsed, owns a large number of concessions in Debenhams stores.  Having lost £150m through his doomed equity investment in Debenhams, Mike Ashley “was bound to show up at the administrator’s door at the 11th hour to take another look”, says Nils Pratley in The Guardian.

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