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...In Cairo’s case oil-rich states are considered crucial to its attempts to ease the currency crisis and meet commitments to the IMF to sell off state assets....
...The deal included an investment of $24bn of fresh money in addition to the conversion of $11bn of UAE deposits in the central bank to local currency to be used in projects in Egypt....
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...“This isn’t some revolutionary idea; all of us have financial privacy when we pay for a meal in cash or drop a few dollars in a donation jar,” said Rainey Reitman, civil liberties advocate who sits on the...
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...It alleges that Kassan showed “utter disregard for his fiduciary obligations [and] has run rampant with his business expense accounts — wasting millions of UTA’s dollars on his lavish personal lifestyle”...
...Other investors have followed hedge funds in buying dollars in recent weeks, according to Michael Metcalfe, head of macro strategy at State Street, which is custodian to $40tn of assets....
...The rest of the G10 group of heavily traded currencies are down against the dollar, with the euro losing 0.9 per cent, the Canadian dollar down 1.7 per cent and the Japanese yen sliding 4.1 per cent....
...The decision left Trump searching for hundreds of millions of dollars to deposit with the court, or risk his assets — including his New York properties — being seized by state authorities, while he awaits...
...Mining coins, as with any commodity, requires top dollar kit (in this case vast computing capacity) and plenty of energy — more, reckons the Cambridge Blockchain Network Sustainability Index, than Egypt...
...“Choosing between Democrats in state races is easy....
...“At the time of writing this, much of the central United States is in the grip of a major cold snap that has resulted in high electricity demand,” said EIA administrator Joe DeCarolis in a memo....
...Powerful legislators in the state were too dependent on the state’s private banks to be able to regulate the bank dollars of the country’s then most important port....
...“No one wants to have the largest public housing project in the state of California next to” the Crypto.com Arena, where the Lakers, LA Clippers and Los Angeles Kings ice hockey club play, he said....
...United States.”...
...A scheme that saw the state oil company pledge oil in exchange for dollars from the African Export-Import Bank (Afrexim) netted Nigeria $3bn last month....
...Alaska may not think about the deal in these exact terms, but this is a move where currency could prove a huge sweetener....
...When Nigeria removed its years-long currency peg last June, the central bank said the market would determine the value of the naira against the dollar....
...Benin also sold its first-ever US dollar bond this week at a yield of less than 8.5 per cent, emphasising the speed at which investors have returned to lending to African governments in foreign currency....
...China and other economies do not hold dollars or euros because they are friends with Europe and the US. Rather, they run trade surpluses that earn foreign currencies....
...“We cannot allow dollar-backed stablecoin providers outside the United States to have the privilege of using our currency without the responsibility of putting in place procedures to prevent terrorists from...
...CoinShares’ Lansing said it was “disappointing to see the FCA remain out of step in terms of retail investors, who, in the rest of Europe and the United States can use regulated listed products to access...
...rand has dropped against the dollar and other currencies in recent years....
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