Hints and tips:
...Panamanian workers had to be paid in cash every 14 days, yet Koch and some of his colleagues frequently found themselves frozen out of their local bank accounts, probably due to the source of their funds...
...The industry body said that around 40 per cent of daily foreign exchange deals would be shut out of the main platform for reconciling currency trades when the US moves from two-day to one-day settlement...
...Tether’s USDT, the largest stablecoin on the market, scored a four, because S&P had concerns about a “lack of information on custodians, counterparties, or bank account providers”....
...Masashi Akutsu, chief Japan equity strategist at Bank of America, on Monday raised his year-end forecasts to 41,000 for the Nikkei and 2,850 for the Topix, compared with 39,098.68 and 2,660.71, respectively...
...Anecdotal accounts suggest western banks in China, though not yet the subject of open hostility, may soon become so....
...Alphabet narrowly missed forecasts for growth in its advertising business, which accounts for almost 80 per cent of its top line....
...up until Venezuela’s US bank accounts were transferred to Guaidó)....
...Tehran has been unable to access tens of billions of dollars of its oil funds held by foreign central banks, including in China, since former US president Donald Trump pulled out of the 2015 nuclear deal...
...Milei’s solutions are simple: slash spending, balance the budget, replace the hopelessly devalued peso with the US dollar as the national currency and close down the central bank....
...Eurojust announced the seizure of some €120mn of assets, including bank accounts and real estate. US authorities seized the two New York properties and associated bank accounts on August 10....
...When US bourses halved in 2008, the Footsie and Nikkei dropped 30 and 40 per cent respectively. It did not matter that the crisis was born in the USA....
...to have bank accounts and own properties....
...In February, the share of renminbi on MOEX reached almost 40 per cent from a fraction of a percentage point in early 2022, according to CBR data....
...All of Omsom’s money was in an SVB account that by the end of the day she could no longer access. Pham was just one of thousands of Americans caught up in the financial panic of the past month....
...Tighter regulations on traditional lenders resulting from the recent rash of bank failures in the US will force even more borrowers towards bonds....
...“It’s tough when a country that accounts for 40 per cent of global trade slaps a ban on half of what they export, and duties on the other half,” says Joseph Glauber, senior research fellow at food security...
...In currencies, the US dollar fell 0.3 per cent against a basket of six currencies, while the pound surged 0.8 per cent against the dollar, and the euro gained 0.5 per cent against the greenback....
...Bank of America has named Alexandre Gafsi and Emmanuel Hibou as chairs of technology, media and telecom investment banking for Europe, the Middle East and Africa....
...The government has since been forced to rely heavily on a domestic capital market, where interest rates are as high as 40 per cent, and central bank financing of 37.9bn cedis ($3.2bn) in 2022....
...He says it has no debt, is “cash flow positive” and is generating revenue from a range of activities....
...In 2015 Ghana issued a $1bn bond due in 2030, Markets were rocky at the time, so the World Bank stepped in with a “policy-based guarantee” for 40 per cent of the principal, or $400mn....
...Mexico’s peso is the top-performing major currency this year, benefiting from relatively high interest rates, tight fiscal policy and investment opportunities from its proximity to the US....
...They’re pretty much the same — maybe the system has forgotten us. Then the gas bill comes in. It’s gone from £28.47 to £95.97....
...Minutes from the meeting in July, when the US central bank raised its benchmark policy rate 0.75 percentage points for the second month in a row, signalled that policymakers were intent on pressing ahead...
...It explains how Sam Bankman-Fried’s Central Bank of IP wants to “strip out the brokers that for the past 40 years have acted as intermediaries between customers and the exchanges where deals are done.”...
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