Hints and tips:
...As of February 2023, the total number of Jam-Dex customers was 190,000, while total transactions for 2022 were valued at $357mn, less than 0.01 per cent of Jamaica’s $4.7tn electronic retail transactions...
...Non-bank lenders, who have the bulk of CRE loans, are already reporting difficulties: Blackstone recently sold a Wall Street tower for $1bn; in 2017 it was valued at $1.55bn....
...“The Spurs historically have been looked upon as a mid-market team,” said Alan Waxman, chief executive of investment firm Sixth Street Partners, which took a 20 per cent stake in the team in 2021 that valued...
...Venezuela’s socialist President Nicolás Maduro ordered state companies to exploit oil deposits and mines in territory run by neighbouring Guyana in a bellicose speech last night on state television....
...the United States and are not guaranteed by the United States....
...Almost $14bn of Bank of America’s total $73bn outstanding commercial property loans are in California....
...I have like an acute childhood memory of looking at my bank statement. You know, I had my $100 of allowance in the bank and wondering, you know, I’m getting one-tenth of a penny of interest?...
...week, down from more than 20 in late October and its lowest level since November 2019....
...“This looks like the start of a co-ordinated crackdown on crypto, coming from the UK banking sector. We’ve already seen this strategy take shape in the United States,” said one former HSBC employee....
...Buyers abandoned their deposits and walked away. It seemed unlikely that Dezer would be able to repay two bank loans totalling $475mn for the Trump projects....
...The nation’s four largest lenders — JPMorgan Chase, Bank of America, Wells Fargo and Citigroup — hold about 45 per cent of all bank deposits in the US, but represented less than 10 per cent of the outflows...
...In today’s newsletter: Two banks face a reckoning Yannick Bolloré steps up to the plate Activists circle The Restaurant Group Two banks discover the music is stopping in private markets and crypto Silicon...
...Otherwise, the cost of capital just goes higher and higher. And this is what has happened to banks, particularly in Europe. In America, banks are slightly more like private entities....
...About 20 per cent of the world’s mined gold comes from artisanal and small-scale gold mines, according to World Bank estimates....
...We continue to have the second lowest level of government debt in the G7, lower than Japan, France or the United States....
...EU senior officials told the FT they wanna see China, India and the United States do more. European consumers and industries are also starting to balk at the high costs that come with a green shift....
...On a winter morning two years ago, the doorman stationed there took a hard look at two uninvited guests....
...And if you look at Palm Islands, right, there’s two of them....
...“The three richest men in Brazil (with assets valued at R$180bn), anointed as kind of demigods of ‘good’ world capitalism, are caught with their hands in the cash register,” said BTG lawyers in a filing...
...July 2021, FTX closed the funding round of $900mn, which valued the company at the time at about $18bn. Within two or three years this thing is supposedly worth $32bn....
...Europe’s start-ups were on the receiving end of a funding frenzy in 2021 that birthed more than 100 “unicorns”, aka tech start-ups valued at more than $1bn....
...That actually is undergoing a big review right now in the United States....
...He started out at the Central Bank in the '90s when Mobutu was still in power, then spent much of the 2000s and the 2010s working in international development at the African Development Bank and then at...
...as the United States, Europe or Japan....
...There have been times when the beckoning of history descended into set dressing, never more so than in the elaborate investiture of the 20-year-old Prince of Wales at Caernarfon Castle in July 1969....
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