12 writers on their literary experiences of democracy

This election season, Lounge invited 12 distinguished writers to share stories, poems, books and memories that shaped their idea of democracy in India Every five years, as Indian democracy gears up for its biggest carnival—the general election—publishers fall in step with the spirit of the season. Suddenly bookshops are flush …

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BofA lifts Alaska Air shares target as robust demand offsets rising fuel costs

On Friday, Truist Securities initiated coverage on Delek Logistics Partners, LP (NYSE:) shares, assigning a Buy rating with a price target of $46.00. The firm’s analyst highlighted the potential for material upside in the company’s units, citing the stable high-margin affiliate business and growing third-party activity with improving margins as …

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As Israel-Iran Hostilities Flare Up, Ball In Tehran’s Court Now

Israel launched a retaliatory strike on Iran following last week’s missile and drone barrage from Tehran, according to two US officials, though media from both countries appeared to downplay the severity of the incident. An explosion was heard early Friday in Isfahan, Iran’s third-biggest city, Fars news agency reported. Nuclear …

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Biden administration moves to let conservation groups rent government-owned land just like oil, ranching and mining companies do

Officials pushed past strong opposition from private industry and Republican governors to adopt the proposal. GOP members of Congress said in response that they will seek to invalidate it. The rule from the Interior Department’s Bureau of Land Management — which oversees more than 380,000 square miles (990,000 square kilometers) of land, …

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Mistral in talks to raise €500mn at €5bn valuation

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. French artificial intelligence start-up Mistral is in talks to raise €500mn in a deal that would more than double its valuation to at least €5bn, following proposals from multiple investors …

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London house prices underperformed rest of UK for past 8 years

Stay informed with free updates Simply sign up to the UK house prices myFT Digest — delivered directly to your inbox. House prices in London have underperformed the rest of the UK for the past eight years because of the unaffordable costs of property, post-pandemic housing trends and high mortgage …

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