Financial Intelligence

SBF’s Parents Involved In Democrat Dark Money And ‘Illegal’ Election Tactics

September 21, 2023 2 Comments

In a lawsuit filed on Monday, Sam Bankman-Fried’s parents have been accused of being involved in Democratic dark money and ‘illegal’ election tactics. A right-leaning political research group identified the parents of suspected cryptocurrency fraudster Sam Bankman-Fried’s involvement with Democrat dark money and ‘illegal’ 2020 election strategies. A new scandal

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UAE Becomes Global ATM As West Go Bankrupt

September 8, 2023 No Comments

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 Khashoggi was killed in the Saudi consulate in Istanbul, virtue-signaling American finance executives withdrew from a Saudi Arabian event in Riyadh.

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China’s Evergrande Files For Bankruptcy

China’s Evergrande Files For Bankruptcy

August 18, 2023 No Comments

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 in 2021. This triggered a major property crisis in China’s economy, the effects of which persist today. Evergrande sought Chapter 15

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There Are 70 Major Bankruptcies In Just 4 Months This Year

July 4, 2023 No Comments

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 118 bankruptcies through April. In Covid-impacted 2020, there were 71 bankruptcies. In 2023 there have been 70. This is the third

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FDIC Accidentally Releases Bailout List

June 27, 2023 No Comments

In response to a Bloomberg News Freedom of Information Act request, the Federal Deposit Insurance Corp. (FDIC) stated that the agency accidentally released an unredacted bailout list. When federal regulators stepped in to backstop all of Silicon Valley Bank’s deposits, they saved thousands of small tech startups and prevented what

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Norway’s Wealth Tax Is Backfiring. Are Americans Paying Attention?

June 27, 2023 No Comments

According to The Guardian, Norway’s wealth tax is backfiring as more than 30 Norwegian billionaires and multimillionaires left the country in 2022. In 2022 Norway’s third richest man, Kjell Inge Røkke, announced in an open letter to shareholders he was moving to Lugano, Switzerland. “My capital will continue working in

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‘Why Can’t We Trade In Our Own Currencies?’: Brazil’s Lula Ask

June 27, 2023 No Comments

Brazil’s president, Luiz Inácio Lula da Silva, asked, “Why can’t we trade in our own currencies?” The US dollar’s role as world’s primary reserve currency for global trade was challenged at a finance summit in Paris by South African President Cyril Ramaphosa and his Brazilian counterpart Luiz Inácio Lula da Silva

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