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...His claim against UTA has no merit and is an attempt to divert attention from the misappropriation of company funds that led to his termination.”...
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...But as flexible as the IMF has been, like the rest of the global architecture, its evolution has followed the line of western power....
...An essentially American — and potently western — craving for land stoked it further. “Let us, then, not despise the plains,” wrote a journalist of the day, “but turn their capacities to best account.”...
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...investors should just stick to plain-vanilla funds....
...So a small decrease in reserve quantities could send banks scrambling for cash, and push the federal funds rate up....
...Think of climate change, and the mind instantly tends to go to melting ice caps, arid plains, forest fires and sinking tropical islands....
...The company is often described by western politicians as a “Chinese” entity....
...PIF said in a statement that it was a “rational” fund that “acts independently in carrying out its investment activities” and had injected $79bn into the US economy....
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...Capital for the loans would come from overseas credit funds and local banks, Arora said....
...Unlike plain-vanilla QE, hardly any other central banks have copied these innovations. That was a wasted opportunity....
...of consulting giants McKinsey and BCG told US lawmakers on Tuesday that their employees in Saudi Arabia could face jail if the firms handed over details of their work for the country’s sovereign wealth fund...
...Other western tech groups, including Google, have paid fines following action by FAS in recent years....
...Van de Put said it was clear that Russian authorities were trying to stop western companies from leaving....
..., make interest payments, fund debt maturities and increase BHE’s reliance on debt”....
...This means they can cash in, utilising price rises to fund investments that increase production. Ghanaian and Ivorian farmers meanwhile are hamstrung, he says....
...the top position at the fund tightly run by its founder Paul Singer....
...But now the court has made it plain that you can’t have it both ways....
...Last year, Affiniax AAS reclassified $74mn of funds received from BIA between 2018 and 2020 that had previously been booked as revenue as a liability....
...California-based Franklin, with $1.4tn in assets, experienced almost $7bn in net outflows in the latest quarter largely due to underperformance in its Western Core Plus fixed income fund, which was caught...
...It’s been enraging to watch the explosion of get-rich-quick products labelled “decentralised finance” when so many are just Ponzi schemes hiding in plain sight....
...Eighteen months ago, Elliott Management said a break-up of the old-school US data storage group Western Digital could unleash a fortune, much in the way the activist hedge fund had successfully pressed Dell...
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