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Dmitry Kornev, the creator of the MilitaryRussia.ru portal, said that the Russian nuclear cruise missile called 'Burevestnik', which translates to "Stormbringer," can bankrupt the US war machine. Table of ContentsWhat Prompted the Burevestnik's Development?What...
According to Ibrahim Ajami of the Abu Dhabi State Fund, Mubadala, UAE, becomes a global ATM as the West goes bankrupt. Five Years ago, after Washington Post columnist Jamal...
China's Evergrande Group, previously the second-largest property developer in the country, declared bankruptcy in New York on Thursday. The company faced significant financial troubles and defaulted on its debt...
According to data collected by Bloomberg, there were 70 major bankruptcies in just 4 months this year, surpassed only by the years 2009 and 2020. For 2009 there were...
According to a statement published by the official Changjiang Daily newspaper on Friday, Wuhan City's finance bureau announced that a total of 259 companies owed it more than 100 million yuan ($14 million) combined, leading it to...
According to figures compiled by bankruptcydata.com, US corporations are filing for bankruptcy at the fastest pace since 2010. As per the data, twenty-seven large debtors have filed for bankruptcy. One would not know it...
Vice's Chief Restructuring Officer, Frank Pometti, stated that Wipro may have played a part in Vice's bankruptcy as they owed $9.9 million. This owed amount came after Wipro initiated arbitration proceedings against Vice Media in May 2020,...
According to data provided by PitchBook, here is a list of the biggest startup bankruptcies of all time. Vice Media has filed for bankruptcy, despite having raised over $1.6 billion from venture capitalists. The...
When the United States goes bankrupt, one consequence would be the loss of the US dollar as the global reserve currency, leading to the return of dollars held in many national reserve banks back to the US.
The Federal Reserve purchased large amounts of government bonds and mortgage bonds to support the economy and financial markets during the COVID crisis, which has led to concerns that it is technically bankrupt. Behind...