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Tag Archives: losses

Global banks bracing for losses amid US hedge fund collapse

The sudden liquidation of the New York-based billionaire Bill Hwang’s Archegos Capital Management ignited a fire sale of more than $20 billion in assets that has left some of the world’s biggest investment banks bearing billions of dollars of losses. According to billionaire investor Mike Novogratz, the collapse of Hwang’s …

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Criminals suffering losses due to the coronavirus.

“Thieves in law are elderly, at risk. Many have isolated themselves” Criminals suffering losses due to the coronavirus. Drug dealers and prostitutes come in a simple Pandemic coronavirus COVID-19 and the quarantine restrictions imposed by the authorities, given the non-obvious effect: in jeopardy a wide range of criminal businesses. Drug …

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The state is obliged to compensate the losses

The state, on the most General level of abstraction, it is a political institution created by society to solve problems that cannot be effectively addressed individually from universal basic education to national security. Epidemic — a typical example of such problems. Therefore, the state must dedicate all its efforts not …

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