US national debt topped $30 trillion for the first time in history last month, spurred on by high borrowing during the Covid-19 pandemic, according to data from the Treasury Department. However, Jim Rogers, legendary investor and co-founder of the Quantum Fund alongside George Soros, says the actual debt amount is …
Read More »The Man with the Money: How Michael Calvey went from billion-dollar Moscow investor to facing years behind bars in a Russian jail
Accused of dodgy dealing, the businessman was locked up in the notorious Matrosskaya Tishina prison, on the outskirts of the Russian capital, within days. After months of appeals he was released, first to house arrest in his upmarket residential building and, later, he was allowed to go out subject to curfew …
Read More »Investor from hell? Swiss mogul holding Russian town hostage by clinging onto major factory despite court rulings, locals say
RT talked to law enforcement officials, lawyers and the town’s mayor to unravel the mystery of how Adolf Gast, a Swiss national, has been able to build a booming business on the site of the A. V. Ukhtomsky Agricultural Machinery Plant, despite reported irregularities in the paperwork and dozens of …
Read More »Tsunami of inflation is coming & silver will definitely catch investor attention – Keiser Report
“There’s a lot of silver, but it’s not in the right place, it’s not in the right format for certain vehicles,” Flood says, adding: “So, the ETF might come under pressure, it may not be able to fill its baskets. You might have its price decouple from the silver price, …
Read More »GameStop investor clash will be won by Wall Street sharks because the game is rigged – analysts
The story of the American video game retailer went viral after a group of Reddit users launched a flash-mob, gobbling up the firm’s shares. The campaign resulted in GameStop’s stock price growing over 1,800 percent. The move washed billions of dollars out of the biggest hedge funds, which were short-selling …
Read More »‘I don’t like saying it, but something will replace the US dollar’: Investor Jim Rogers says century of USD reign is ending
With a national debt of over $26.5 trillion, “the US is now the largest debtor nation in the history of the world, and it’s getting higher and higher every day,” Rogers said, adding that it’s going to take a toll on the country’s currency. “Traditionally, the US dollar has been …
Read More »Well-known investor hard “walked” on Tesla
According to the famous financier, company which month is suffering from serious losses. The well-known trader and investor Jim Chanos in an interview recalled the promises that Tesla gave three years ago. Chanos noted that the company had become profitable by 2017, but year after year it continues to lose …
Read More »Ukrainian Bank bought Kazakh investor
Region-the Bank changed its name to Sky Bank. Investor Arif Babayev bought a Region-Bank, and the institution itself changed its name to Sky Bank. This was reported by the Bank press service. “Kazakhstan investor bought a universal Region-Bank with 26 years of experience in the Ukrainian market, renaming it to …
Read More »As the principal foreign investor of Ukraine
Cyprus remains the main investor in Ukraine according to state statistics.It is reported that during the first quarter of 2017 direct investments from countries in the Ukrainian economy grew by $733,3 million to $38 billion. Thus, as of 1 April 2017, the main investors in Ukraine were: Cyprus – 25,6% …
Read More »Estonian investor buys 80% stake in Kiev developer
AS Prosperus Capital seeks contributions residents of the European Union, as well as investors from Eastern Europe. AS Prosperus Capital of Tallinn, intends to purchase 178 million or 80,87% of ordinary shares of the company “Trest “Kyivmiskbud-2”. According to the information disclosure system of the national Commission on securities and …
Read More »