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 from looking at the S&P which just hit a 2023 high, but there is a bit
Financial disclosures obtained by The Washington Free Beacon have revealed that Black Lives Matter is headed for insolvency. Black Lives Matter’s national organization is at risk of going bankrupt after its finances plunged $8.5 million into the red last year – while simultaneously handing multiple staff seven-figure salaries. Financial disclosures
An India Today investigation on Bansal & Sons Jewellers store located in Delhi’s Chandni Chowk has discovered the black market of Rs 2000 notes. Certain bullion traders are providing dubious services to exchange the 2,000-rupee notes, effectively assisting individuals with undisclosed money in getting rid of their high-value banknotes at a
According to UN spokesman Stéphane Dujarric, the UN is assisting a Russian bank with a SWIFT bypass after it was disconnected as part of Ukraine-related sanctions last year. The UN continues to work on ensuring that Russia’s requirements in the Black Sea grain deal are implemented, including the removal of
China is kicking America’s ass in the EV battery race, which is causing significant damage to the domestic battery sector. This trend will likely result in companies like GM and Ford losing their international status. It’s going to define the 21st century. In recent years, the relationship between the US
Real Vision’s Raoul Pal said that the Five Stages of Bank Failure are similar to the five stages of grief: denial, anger, bargaining, depression, and acceptance, as described by Elisabeth Kübler-Ross. The talking heads on financial TV ask everyday where we are in the banking crisis. Is it over yet?
A mystery buyer just purchased the entire California ghost town of Eagle Mountain, which was formerly a company town for Kaiser Steel, for $22.5 million. A road diverges in the yellow flats along the outer rim of Joshua Tree National Park. The two lanes in the middle of the desert
On May 16, EU ministers approved the Markets in Crypto-Assets (MiCA) legislation, making it the world’s first cryptocurrency regulations. The European Union has approved a set of rules—the first such regulation in the world—to regulate crypto assets like cryptocurrencies and tokens in a bid to curb money laundering activities and
The office of Prime Minister Rishi Sunak outlined the measures in a statement that Britain is banning Russian diamonds. The United Kingdom has announced a ban on importing of Russian diamonds and several types of metal, as well as additional sanctions on 86 people and companies allegedly linked to Moscow’s “military
