Keyword: bloomberg
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<p>A lopsided trade relationship with India is forcing Russia to accumulate up to $1 billion each month in rupee assets that remain stranded outside the country, swelling the stockpile of capital it's amassed abroad since the invasion of Ukraine. Russia has emerged as a top supplier of oil to India over the past year, settling a greater share of trade in national currencies and redirecting shipments east as traditional customers in Europe shunned purchases after the war began over a year ago.</p>
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I’ve debated gun-control lawyers. They said guns aren’t the answer for personal safety. I’ve come to a single conclusion when I look at the people who want us disarmed. Their actions speak so loud that I can barely hear their words. Some of the strongest and most consistent practitioners of armed defense are the people who espouse gun-control for the rest of us. That is the hidden truth in the gun-control debate.
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Is the title of this piece apocalyptic hyperbole? I wish it were. But everyone in the country and most of the people in the wide world know that Donald Trump has not actually been indicted for the crime of giving hush money to a prostitute. He has been indicted for the crime of opposing the Leftist elites and challenging their control over the political system. For the first time in American history, a politician – indeed, a front-running presidential candidate – has been indicted in order to destroy his political chances. Americans used to take pride in the fact that...
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There have been multiple conversations between Biden’s team and Buffett in the past week, according to people familiar with the matter, who asked not to be identified because the information is private. The calls have centered around Buffett possibly investing in the US regional banking sector in some way, but the billionaire has also given advice and guidance more broadly about the current turmoil.
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JUST IN: First Republic Bank, the San Francisco-based lender that was cut to junk by S&P and Fitch, is exploring strategic options including a sale https://t.co/fRG03oAtZG pic.twitter.com/p5vSNmnTnd— Bloomberg (@business) March 15, 2023
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Crypto hedge fund executive Marco Lim spent Monday racing to open bank accounts in Hong Kong after the sudden collapse of three US lenders. The hedge fund, MaiCapital, is based in the city and had cash at one of the fallen institutions, Signature Bank. MaiCapital needs alternatives and managing partner Lim was pressing lenders to speed up account opening. “The two biggest crypto friendly banks are gone,” Lim said, referring to Signature and Silvergate Capital Corp., which also had many crypto clients and said Wednesday it would liquidate. “I’ve been through too many crises.” Silvergate, Signature and Silicon Valley Bank...
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In 2020, one hitherto unknown report accurately predicted what was to follow Biden’s election. It also laid out a plan to preserve democracy in an uncertain future. Weeks before the 2020 election, a secret 87-page document outlined in matter-of-fact language the threat posed by Donald Trump’s still-to-come campaign of election denial. The private paper — the existence of which has not been reported before — forecast with chilling confidence the likelihood of violence during the presidential handover and proposed a far-reaching set of political reforms to thwart Trumpism in the future. Americans remember that dark winter well. But the impetus...
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Former President Trump has made developing nicknames for his GOP rival and potential presidential opponent Florida Gov. Ron DeSantis (R) a priority as his team works on his 2024 campaign, according to a new Bloomberg report. Trump has floated “Ron DisHonest,” “Ron DeEstablishment,” and “Tiny D” as monikers for the Florida governor, but appears to favor “Ron DeSanctimonious,” according to Bloomberg. The former president coined “DeSanctimonious” days ahead of the midterm elections and shortly before launching his own presidential bid in November.
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Donald Trump still doesn't have quite the right insult to hurl at his political foe Ron DeSantis -- but according to a new report, he's got a bright idea ... one that's members only. Bloomberg put out a story detailing what they say is going on behind the scenes at Mar-a-Lago lately -- especially in terms of DT executing his comeback on the campaign trail ... and trying to deal with the Florida Gov.'s growing popularity among conservatives/Republicans. One of the ways Trump reportedly plans on taking RDS down -- assuming he announces a presidential bid -- is to make...
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High-ranking Treasury Department officials met with and received emails on their personal accounts from members of a climate finance organization chaired by Democratic donor Michael Bloomberg, according to documents reviewed by the Daily Caller News Foundation. Bloomberg — former mayor of New York, founder of financial data giant Bloomberg LP and major Democratic donor — is the current chair of the Task Force on Climate-related Financial Disclosures (TCFD), an organization which lobbies for companies to disclose “risks related to climate change” in their financial statements. Representatives of this organization, many of whom are current or former Bloomberg LP employees, communicated...
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For any young worker who needs to hear this, your power in the labour market won’t last and quietly quitting could be setting you up to get loudly fired, says for Bloomberg Opinion.NEW YORK: Every generation faces a sceptical reception in the labour force. Baby boomers were called self-centred, Gen X was lazy and millennials were considered entitled. For Gen Z, it’s the same - but different. When I was at the World Economic Forum in Davos, Switzerland, last week, there was the normal buzz about economic conditions and climate change. But everyone I spoke with mainly wanted to...
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<p>Hungarian protesters disrupted an event in the city where Chinese battery maker Contemporary Amperex Technology Co. Ltd. and Mercedes-Benz Group AG plan a 7.3 billion-euro ($7.9 billion) factory, signaling growing opposition to the country’s single biggest investment.</p><p>Residents shouted “traitors” at officials during a town-hall meeting in the eastern city of Debrecen, a stronghold of Prime Minister Viktor Orban’s ruling party and host of the planned factory, according to a video published on Telex news website on Friday. The demonstrators said officials had failed to take into account potential environmental risks.</p>
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Billionaire New England Patriots owner Robert Kraft and star NFL quarterback Tom Brady are among those sharing in the pain of FTX Group’s sudden implosion. Brady, formerly a prominent FTX booster, owns more than 1.1 million common shares of FTX Trading, bankruptcy court documents show. His ex-wife, supermodel Gisele Bündchen, has more than 680,000 shares in the same entity.Meanwhile, KPC Venture Capital LLC, an entity linked to the Kraft Group, holds more than 110,000 Series B preferred shares in FTX Trading, the entity that owns its main crypto exchange, according to the court papers. The firm also owns 479,000 Class...
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As it turns out, not freezing to death and not murdering the economy is actually more important than meeting “climate goals.” This is weird…. After “leading the way” for the climate communists, Germany now faces a freezing winter and ballooning energy crises — they’re at the precipice of an economic meltdown, so they’re bringing back their coal. See what Bloomberg had to say: Germany is set to boost its reliance on coal as it battles an unprecedented energy crisis — even at the expense of its ambitious climate goals. …coal is making a comeback as countries seek to prevent soaring...
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Michael Bloomberg, the billionaire businessman and media mogul, is interested in acquiring either Wall Street Journal parent company Dow Jones or The Washington Post, a source familiar with his thinking told Axios. Why it matters: Bloomberg wants to expand his media empire and sees Dow Jones as his ideal fit, but he would buy the Post if Jeff Bezos were interested in selling, the source said. The combination of Bloomberg and Dow Jones would create an unparalleled business news behemoth. Details: Bloomberg, the source notes, would be interested in a potential acquisition of either property, but Dow Jones — the...
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<p>President Joe Biden announced a $36 billion bailout for the Central States Pension Fund, one of the nation’s biggest multi-employer plans, touting the help for union workers and retirees as he looks to mend ties with organized labor after a contentious rail deal.</p>
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<p>"Blackstone Inc.’s $69 billion real estate fund for wealthy individuals said it will limit redemption requests, one of the most dramatic signs of a pullback at a top profit driver for the firm and a chilling indicator for the property industry. Blackstone Real Estate Income Trust Inc. has been facing withdrawal requests exceeding its quarterly limit, a major test for the one of the private equity firm’s most ambitious efforts to reach individual investors. The news, in a letter Thursday, sent Blackstone stock falling as much as 10%, the biggest drop since March. In the past year, rich individuals, family offices and financial advisers have become more cautious about tying up money in assets that are hard to trade and value. At UBS Group AG, some advisers have been reducing exposure to BREIT. A major chunk of redemptions for the fund has come out of Asia this year, said a person familiar with the matter who asked not to be identified citing private information.</p>
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Yes, we have Pedophile to the Elites, Jeffrey Epstein’s complete black book in addition to the flight logs going to and coming from Epstein’s private island. The picture below is a sample from the “black book” with redactions. We added the highlights.
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Linn County Sheriff Michelle Duncan is making clear her office will not be enforcing Oregon’s new “high capacity” magazine ban. The ban is part of Ballot Measure 114 (BM 114), which was heavily funded by out-of-state money.
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<p>Meta Platforms Inc. shareholders are paying dearly for its spending on the metaverse: The Facebook parent’s market value has collapsed by a whopping $520 billion in the past year, and now it’s on the brink of getting booted from the ranks of the 20 largest US companies.</p>
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