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Trust and the Wealth of Nations

In the 17th arrondissement of Paris you can walk past a bust of the 19-20th century French writer, Tristan Bernard. It carries a maxim that always makes me smile, roughly translated: Only trust yourself and then not very much. ("Ne compter que sur soi-même et encore pas beaucoup. ") It is simple, but invites reflection on the staggering level of trust that each of us invests in countless fellow humans.




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Income, wealth and equal opportunities in Sweden

Sweden is an egalitarian society in international comparison, and has managed to combine equity with economic efficiency.




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Mexico should facilitate greater use of its wealth of open government data

Mexico has become a frontrunner in a short time in making government data publicly accessible, but it now needs to put this wealth of digital information to use to foster innovation and benefit the Mexican economy and society, according to a new OECD report.




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Australia Commonwealth Bank Composite PMI

Composite Pmi in Australia decreased to 21.70 points in April from 39.40 points in March of 2020. Composite Pmi in Australia averaged 52.40 points from 2016 until 2020, reaching an all time high of 58.30 points in March of 2017 and a record low of 21.70 points in April of 2020. In Australia, the Commonwealth Bank of Australia Composite PMI Output Index is a GDP-weighted average of the Commonwealth Bank Manufacturing Output Index and the Commonwealth Bank Services Business Activity Index. It tracks changes in business activity in the Australian private sector economy as a whole. A reading above 50 indicates expansion in business activity while below 50 points to contraction. . This page provides - Australia Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Indonesia looks to set up sovereign wealth fund

Initiative would be modelled on Singapore’s Temasek with focus on start-ups




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Qatar sovereign wealth fund seeks health and tech deals

Finance minister says QIA aims to identify opportunities as asset prices plunge




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UBS hires Credit Suisse veteran Iqbal Khan as wealth head

Asset management leadership also changed in reshuffle at Swiss lender




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Going soft: Peter Aspden on the cultural wealth of nations

Countries are vying to project their worth through art, sport and broadcasting. But ‘soft power’ is not always easy to control, says the FT’s arts writer  


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Wanted: bright ideas on how to tax the wealthy 

Ahead of the Budget, chancellor Sajid Javid has some tough choices to make




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Wealth gap ignites Chile protests

Last weekend thousands of people took to the streets of Chile in an outburst of anger at a rise in the price of the metro fare. But as Benedict Mander tells Michael Stott, the roots of the unrest go much deeper.

 

Contributors: Michael Stott, Latin America bureau chief and Benedict Mander, Chile and Argentina correspondent. Producer: Persis Love.

 

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Chasing wealth managers is a risky business

Private banks are fighting to advise billionaires who want a lot for their money




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Cash Isas: only worth it for the wealthiest

Puny interest rates have dented the tax sheltering properties of cash Isas for most 




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Wealth management could soon cost less than you’d think

Costs are falling — but it still looks far more expensive than it should




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The pandemic and the radical change in wealth distribution to come 

‘The old globalised order is fracturing. We are seeing wartime-style falls in GDP’




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PwC bolsters Family, Business & Wealth practice - 25 Jun

PwC Australia has appointed David Smorgon OAM as the Executive Chairman of its Family, Business & Wealth practice in Private Clients.




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MPs demand answers as India muscle in on the 2022 Commonwealth Games in Birmingham

EXCLUSIVE BY DAVID COVERDALE: Organisers of the 2022 Commonwealth Games are set to face a grilling after it was confirmed that the archery and shooting will be held in India.




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Louis Smith vows be fit and ready for action at the Commonwealth Games

Three-time Olympic medal winner Louis Smith has announced that he will be returning to full-time training in an attempt to compete at the Commonwealth Games.




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Louis Smith will return to TV this winter in gymnastics show Tumble after claiming two Commonwealth medals in Glasgow

After returning to competitive action to take two Commonwealth medals, Louis Smith will go back to the small screen before launching an assault on the Great Britain squad next year.




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Sportsmail's Andy Hooper image of 2014: Our photographer reflects on his iconic Commonwealth Games photo which includes England stars Louis Smith, Adam Gemili and Max Whitlock

2014 has seen another 12 months of tantalising sporting action. Sportsmail have captured these historic moments step-by-step through our own brilliant photography team.




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Katarina Johnson-Thompson withdraws from Commonwealth Games in Glasgow with foot injury

LAURA WILLIAMSON: Katarina Johnson-Thompson has been left 'devastated' after she was forced to pull out of the Commonwealth Games with a left foot injury.




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Katarina Johnson-Thompson: Missing Commonwealth Games European Championships hard but next two years are the most important of my career

Katarina Johnson-Thompson explains the pain of missing out on the European Championships and Commonwealth Games, but says best is yet to come.




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Commonwealth Games 2018: Eight stars to watch

Here, Sportsmail's Riath Al-Samarrai athletics correspondent brings you eight athletes to watch throughout the 2018 Commonwealth Games in Australia's Gold Coast.




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Boateng had a year to forget with Man City but would offer Chelsea or Arsenal a wealth of experience

Jerome Boateng's year in the Premier League between 2010 and 2011 was one to forget. He failed to earn a first XI place at Manchester City and was often played out of position at right back.




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Billionaire Mike Bloomberg launches presidential bid promising to make wealthy 'pay more in tax'

Michael Bloomberg has officially announced he is running for president, bringing the Democratic primary field back up to 19 candidates.




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The rich will keep getting richer: 300 wealthiest people in the world are more than £300 billion better off than this time last year, and Bill Gates is back on top

The world's richest people grew even richer in 2013, adding $524 billion to their collective net worth, with Bill Gates adding $15.8billion to his net worth.




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Alexandra Burke wears trouser suit at Commonwealth Service

The singer, 31, was one of the stars set to perform at the service on Monday alongside fellow hitmaker Craig David.




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The Queen dons a powder blue coat dress and a matching hat for Commonwealth Service

Her Majesty, 93, also donned a stylish hat featuring blue, black and orange feathers and a bow design as she arrived for the Commonwealth Service at Westminster Abbey today.




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Laura Trott and Jason Kenny may not think the Commonwealth Games are a big deal but they were the making of Sir Chris Hoy

RICHARD MOORE: How quickly they forget. Four years ago Laura Trott, at 18, performed well if not spectacularly at the Delhi Games. Two years later she was double Olympic champion.




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Cycling authorities hit back at Laura Trott and Jason Kenny's Commonwealth claims

Two of cycling’s governing bodies pledged their support for Glasgow 2014 and distanced themselves from claims by the sport’s ‘golden couple’ Jason Kenny and Laura Trott that the Commonwealth Games are a ‘devalued’ competition.




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Sir Chris Hoy tells Jason Kenny and Laura Trott that Commonwealths are 'special'

Sir Chris Hoy has advised Jason Kenny and Laura Trott to experience competing at the Commonwealth Games in Glasgow first before passing judgment on its relevance.




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Laura Trott aiming to add Commonwealth gold to Olympic medals as she goes for glory in Glasgow

After being named in the Team England cycling-squad bound for the Commonwealth Games in Glasgow – double Olympic champion Laura Trott is determined to write the wrongs of Delhi four years previously.




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Laura Trott refuses to go to war with Great Britain team-mates, despite lining up against them for Commonwealth Games

The double Olympic champion won team pursuit gold at London 2012 alongside Dani King and Joanna Rowsell, but all three will be lining up for England in the individual pursuit in Glasgow.




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Ten wealthiest people are richer than poorest 85 countries combined

The top ten billionaires including Jeff Bezos, Bill Gates and Mark Zuckerberg have a combined net worth of $858billion (£662bn).




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Saudi Arabia's sovereign wealth fund looks 'to buy $12.5 billion Warner Music'

A source said more deals with entertainment businesses in America are to be expected as the country tries to navigate the coronavirus pandemic and the fallout from plunging oil prices.




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Wealthy charity boss found stabbed to death in his burning brownstone in Brooklyn

The body of L. Antonion Litman (left), founder of children's charity Virginia's House of Hope, was discovered by firefighters on Monday morning when they were called to a fire on Adelphi Street (right).




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Sally Pearson warns England Australia will prove themselves at 2014 Commonwealth Games in Glasgow

Australian sport will show it is on its way back at the Commonwealth Games after a disastrous showing at London 2012, Olympic 100m hurdles champion Sally Pearson has warned.




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Tiffany Porter claims 100m hurdles silver as she finishes behind Olympic champion Sally Pearson at Glasgow Commonwealth Games 

Tiffany Porter added to that medal haul in the final race of Friday night, winning silver in the 100m hurdles behind Australia's Sally Pearson in 12.80s.




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Sally Pearson lets rip at Eric Hollingsworth after Commonwealth Games gold

Australia's shining light on the athletics track Sally Pearson has let fire with a departing spray to suspended coach Eric Hollingsworth after winning Commonwealth Games gold.




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Sally Pearson and Eleanor Patterson win Commonwealth Games gold medals

Australian sprinter Sally Pearson has shrugged off the weight of a tumultuous week at the Commonwealth Games by winning gold in her pet track event the 100m hurdles.




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Sally Pearson snubbed for Australia’s flagbearer at Commonwealth Games

Australian hurdler Sally Pearson was seemingly snubbed by Australian officials and will not be the flag bearer for the 2018 Commonwealth Games. Instead hockey player Mark Knowles got the nod.




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Private jet industry CEOs say business will boom as the wealthy abandon airlines and reveal what they're doing now to take advantage

CEOs of private jet operators are planning for an industry boom after the pandemic subsides as wealthy travelers may rely on private aviation more than before. Executives predict that the health and safety aspect will make more flyers willing to pay the extra cost to fly private as opposed to first-class on commercial. The industry is investing in new cleaning and safety methods to ensure that travelers are protected when flying and encourage more individuals and businesses to make the leap to private.Visit Business Insider's homepage for more stories.The private aviation industry is preparing for a post-pandemic boom as airlines settle in for the slow return to 2019 levels, which some experts say may take years as the industry recovers from the coronavirus pandemic.CEOs from the nation's




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Take a look inside some of the lavish mansions in the French Riviera enclave where homes cost $13 million and the ultrawealthy residents have access to private coronavirus testing




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CHRIS MEARS: I'm training hard for the Commonwealth Games, but you only turn 21 once!

I’ve grown up learning about the right stuff to eat. The good stuff. Two pool sessions a day, weights and land training means that I know exactly how many calories I need to eat to keep on top of my game.




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Chris Mears: I can't believe I've won a Commonwealth Games gold medal! My best mate Jack and I have proved we're one of the best diving partnerships in the world

ROAD TO RIO 2016: British diver Chris Mears, who won a gold Commonwealth medal in the synchronised 3m springboard event with Jack Laugher in Glasgow, talks about his success.




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Katarina Johnson-Thompson: Missing Commonwealth Games European Championships hard but next two years are the most important of my career

Katarina Johnson-Thompson explains the pain of missing out on the European Championships and Commonwealth Games, but says best is yet to come.




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Max Whitlock will have to compete for five straight days at Commonwealth Games

England’s Max Whitlock is targeting success across the board in Glasgow but, if all goes to plan, he will have to compete on five straight days this week.




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CHRIS MEARS: The Commonwealth Games were incredible but I'm back on the road to Rio

It's been a crazy few months since I last checked in on my Road to Rio. The Commonwealth Games were incredible but after a brilliant summer off, I'm already looking forward to the 2016 Olympics.




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BECKY JAMES: Rio 2016 was amazing, but now it's time to watch Great British Bake Off and prepare for Commonwealth Games

Once the medals started coming in I wanted to be that person to stand on the podium – the success of the others really spurred me on. For every member of the track team to win a medal was unbelievable.




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COMMENT: Liverpool have shredded reputation by putting wealth before employees

COMMENT: If you want to see how a decision has been received, turn to social media. Within 24 hours of Liverpool revealing they would furlough staff, the club were being ridiculed.




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Twitter co-founder and CEO Jack Dorsey will donate $1bn of his personal wealth to coronavirus relief

Twitter co-founder Jack Dorsey, who is worth $3.3billion, will donate $1billion to coronavirus relief, the largest contribution from a single individual.