No plans to ban crypto in US, digital dollar can win

In the United States, there will be no ban on cryptocurrencies – but one wonders what will happen to central bank digital currencies, especially the digital dollar, when (maybe if) they will be. introduced into what will undoubtedly be a crowded digital currency realm. choices. Federal Reserve Chairman Jerome Powell at a hearing on Capitol […]

Senate threatens FAAN chief executive for alleged non-payment of 1.5 billion naira

Deji Elumoye in Abuja The Senate threatened to declare the Director General of the Federal Airport Authority of Nigeria (FAAN), Rabiu Yadudu, unfit for public office due to his alleged inability to pay 1.5 billion naira of internally generated revenue ( IGR) to the Nigerian Meteorological Agency (NIMET) for the past six years. She also […]

We believe Mettler-Toledo International (NYSE: MTD) can manage its debt with ease

David Iben put it well when he said: “Volatility is not a risk we care about. What matters to us is to avoid the permanent loss of capital. ‘ When we think about how risky a business is, we always like to look at its use of debt because debt overload can lead to bankruptcy. […]

Evolution of debt in the non-financial private sector, second quarter 2021

The following is a summary of developments in private non-financial sector debt in the second quarter of 2021: In the second quarter of 2021, the corporate sector debt balance increased by about NIS 34 billion (3.4 percent), mostly on net debt raised from banks and overseas. The balance of household housing debt increased by about […]

Richard H. Kirk, post-punk pioneer of industrial music, dies at 65

Richard H. Kirk, founding member of the English group Cabaret Voltaire and a major figure in the creation of the post-punk style known as industrial music, has passed away. He was 65 years old. His death was confirmed by his former record company, Mute, in an Instagram post on September 21. The publication did not […]

Bellaire city council candidates prepare for November 2 elections

Bellaire’s upcoming town council election features seven candidates vying for three council seats, while outgoing mayor Andrew Friedberg is running for unopposed re-election for his fourth two-year term. Current mayor Pro Tem Gus Pappas and council members Neil Verma and Michael Fife will not be running for the three council positions for re-election. The last […]

Why Jim Cramer Says You Should Sell Your Crypto

Jim Cramer is not one of those financial experts who constantly warn against buying cryptocurrency. The Crazy money The host and former hedge fund manager told fans this year that he owns both Bitcoin (BTC) and Ethereum (ETH). However, the popular TV personality recently urged crypto investors to take profits. The reason? He believes the […]

Major changes to student loan forgiveness could come this week

President Joe Biden (Photo by SAUL LOEB / AFP via Getty Images) AFP via Getty Images Major changes to the forgiveness of student loans could come this week. Here’s what you need to know – and what it means for your student loans. Student loans As the first reported through NPR, the U.S. Department of […]

Evergrande could survive, but its leaders expect a fate worse than debt

A large, financially interconnected company is on the verge of collapse, weighed down by massive debt. The government is considering a bailout. There is no easy answer. Doing nothing risks causing serious financial upheaval. But bailing it out will signal that greed, irresponsibility and moral hazard have no consequences. It’s a tough call. And if […]