Instability

• These adjustments and Enerflex's bank-adjusted net-debt -to EBITDA ratio are calculated in accordance with, and derived from, the Company's financing agreements.
• Gross margin before depreciation and amortization is a non-IFRS measure defined as gross margin excluding the impact of depreciation and amortization.
• The historical costs of assets may differ if they were acquired through acquisition or constructed, resulting in differing depreciation.
• The prospective financial information set forth in this news release should not be relied on as necessarily indicative of future results.

• CHICAGO, April 26, 2024 (GLOBE NEWSWIRE) -- Marquette National Corporation (OTCQX: MNAT) today reported net income of $8.5 million for the quarter ended March 31, 2024, compared to net income of $7.4 million for the first three months of 2023.
• At March 31, 2024, total assets were $2.163 billion, an increase of $21 million, or 1%, compared to $2.142 billion at December 31, 2023.
• Total loans increased by $9 million, or 1%, to $1.434 billion compared to $1.425 billion at the end of 2023.
• Marquette National Corporation is a diversified financial holding company and the parent of Marquette Bank, a full-service, community bank that serves the financial needs of communities in Chicagoland.

• Busy promoting her new memoir, she has dismissed anyone who blames her for crashing the UK economy as “stupid or malevolent”.
• But Truss knew the institutional context she was working in, and everything that happened after the mini-budget was entirely predictable.
• She made a big mistake that affected millions of ordinary people, and has only herself to blame.
• For while these constraints are generally beneficial to the economy, they also make it almost impossible to develop a radical agenda.
• And, in a country suffering from massive underinvestment in the public sector, there may be a case for greater flexibility.

Fiscal frustration

• But fiscal targets have their problems too.
• And thanks to fiscal targets, subsequent governments have repeatedly cut investment in infrastructure.
• The Labour Party has already said it will not make ambitious spending plans which might risk the credibility of its fiscal policy should it win the next election.
• Yet fiscal credibility and major investment are not mutually exclusive everywhere.

Renaud Foucart does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

• The Association for Supply Chain Management (ASCM) and KPMG LLP today released the latest findings from the KPMG Supply Chain Stability Index, which is designed to help supply chain professionals understand the stability of U.S. operations, and serve as a barometer for the greater global supply chain community.
• The Index found that 2023 was a year of tremendous improvement and increased supply chain stability overall, with several variables still driving continued fragility.
• The KPMG Supply Chain Stability Index, in association with ASCM, suggests a complete return to pre-pandemic normalcy remains unlikely in 2024.
• "While supply chain challenges do persist, the overall return to increased levels of stability is a testament to the incredible efforts of countless supply chain professionals,” said ASCM CEO Abe Eshkenazi, CSCP, CPA, CAE.