change is a recipe for global instability, the shape of power in the world is changing. there is a war on our continent. and because of all of this, we must square up to eight new economic era where the old assumptions on labour and energy and trade under goods no longer apply. no doubt about it. the way i see it, there are also opportunities to be seized. new markets to open up. a more prosperous future that can be one. take net zero and the green industries of tomorrow. a new global market of up to £1 trillion. but of course, a competitive market, where countries all around the world, not just in the us, are setting a new template. for green growth, and we have to be on the pitch. this is the biggest opportunity to make our country work for working people that we have had in decades. and it is no good carping from the sidelines, holding onto an outdated economic logic as the rest of the world eats our lunch. some nation is going to design medicines personalised to match
growth. and there is a bigger lesson here. in this new and more volatile era, businesses need a government thatis era, businesses need a government that is not involved. there is no business in a stand aside state. that will not deliver the security uncertainty, manage the tide of change that is coming. it is simple, every business in this room has a strategy for growth, the nation needs one as well. that is not a return to the mistakes of the past, we have got to get over that hangover. every one of our competitors industrial policy is the bread and butter of responsible economic management. what the state does, not how big it is. how it can support businesses of all sizes to innovate and grow, can bring in the creative brilliance of our
In her latest letter to Congress, U.S. Treasury Secretary Janet Yellen urged House Speaker Nancy Pelosi to come to a permanent resolution regarding debt ceiling measures after the December expiration.
This probably isn't a big problem for most retired Americans, but you can't let funds in your retirement accounts sit there forever. You have to make required minimum distributions or face stiff.
The debt ceiling is an economic and political peculiarity that's almost exclusively unique to the United States. Poland has something similar, according to The New York Times, and Denmark technically.