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US bracing for millions of new migrants

The Centers For Disease Control and Prevention (CDC) announced on Friday that Title 42, a restriction on immigration imposed by former President Donald Trump, ostensibly to prevent Covid-19 entering the US via the Mexican border, will expire in May. Homeland Security officials are anticipating as many as 18,000 migrants to …

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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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