Free Republic

Black Lives Matter is at risk of insolvency after its debt climbed to $8.5 million (£6.8million) while some employees received seven-figure salaries. Financial disclosures revealed that the investment accounts at BLM’s Global Network Foundation (GNF) plummeted by nearly $10 million in the most recent tax year, according to The Washington Free Beacon. In the face of mounting debt, BLM GNF continued to hire relatives and friends of its founder on seven-figure contracts, according to the accounts. BLM co-founder Patrisse Cullors’ brother Paul launched two companies that were paid $1.8 million for providing “professional security services” to the organisation. In addition,...

Israel, whose foreign currency reserves have traditionally been made up of Dollars, Euros and British Pounds, will add four new currencies – including the Chinese Yuan (RMB).Israel has added four new currencies – including the Chinese Yuan (RMB) – to its central bank holdings for the first time in the country’s history, Bloomberg reports. Israel’s Central Bank will also trim US Dollar (USD) and Euro holdings in a bid to diversify their foreign reserves.Israel’s foreign currency reserves, which last year exceeded $200 billion for the first time, have traditionally been made up of USD, Euro and British Pound (GBP) holdings....