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It has also suggested other changes to cut costs at Threadneedle Street, such as reducing colour printing.
In light of the new reality, Shuaa Capital, an investment company with a 30-year history, is one of several regional firms making sweeping changes to cut costs.
Toyota Australia is expected to decide this week whether it will appeal against a federal court ruling that blocked management from seeking employee approval for a package of workplace changes to cut costs and boost productivity.
The proposed changes to cut the subsidy rates available to solar power projects of more than 50 kilowatts (kW) – roughly the size of a hospital or housing association scheme – by between 38 and 70 per cent.
Bangladesh, which wants quick action and funds for agriculture-related changes to cut emissions, expressed disappointment that disagreements had postponed discussions on the topic to the next round of talks, in Bonn, Germany, in May.
"If you look at the growth of the elderly population, look at the new drugs that are coming on stream, the new treatments, if we keep the system we have now and don't make changes to cut bureaucracy and waste, I think it will become increasingly unaffordable," he said.
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Germany's premier stock index, the DAX, was changed to cut VW's proportion in it.
The goals of strong advocates for change, to cut the top rate by as much as a third and to slash loopholes, run into current realities.
That is a victory for the company, the nation's biggest military contractor, which had pushed for the pension change to cut costs as military budgets decline.
Bigger ones may yet be constitutional change to cut back the Senate and rebalance state powers, and a new electoral law.
To achieve the 20% cuts the reduction in payments would have to go well beyond this particular cohort of people whose conditions have changed to cut DLA payments more generally.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com