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Credit Suisse didn't see the Archegos danger coming. The result was a $5.5 billion loss for the Swiss bank.

Tanzania launched a new gold refinery as its central bank plans to start buying the metal to diversify its reserves

Great summary of Greensill-Katerra three card monte game from @petition  SoftBank was on both sides of the trade, natch... ...and this was orchestrated by a bunch of ex $DB credit derivative guys. Shocking, right? Should be litigation exhibit 1 for $CS SCF fund investors

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Tanzania launched a new gold refinery as its central bank plans to start buying the metal to diversify its reserves

India's Q1 merchandise exports may grow to USD 87.2 billion: Exim Bank

The Fed plans to wind down a modest-sized facility that, perhaps more than any other from the central bank, most likely changed financial markets forever

A group of wandering elephants in China left a wildlife reserve more than a year ago and have traveled nearly 300 miles north since.

Bank of Maharashtra plans to raise up to Rs 2,000 cr through QIP


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A herd of elephants in China was spotted taking a nap after walking 300 miles off their reserve. Police blocked roads to stop them reaching cities. Experts say the elephants may have been displaced by humans destroying their forest habitat and "got lost." 📷: China Daily

The United States must speak out strongly against the violence by government-allied Israeli extremists in East Jerusalem and the West Bank, and make clear that the evictions of Palestinian families must not go forward.

Palestinian civilians are currently suffering in great numbers in Jerusalem, Gaza, and the West Bank - here are some great organizations you can donate to in order to help those in need.

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reminder that Trump’s personal loan officer at Deutsche Bank was SCOTUS Justice Kennedy’s son

A man sued his employer for racial discrimination, settled the suit, took the settlement check to the bank to cash it, then the bank didn't believe the check was real and called the cops on him, leading to another racial discrimination lawsuit

“Deutsche Bank, which has been Mr. Trump’s primary lender for two decades, has decided not to do business with Mr. Trump or his company in the future”

This may be why @realDonaldTrump  has potential legal problems. If you claim massive losses to avoid paying federal income taxes but inflate your revenues and assets on bank documents for loan purposes, wouldn’t that constitute fraud?

Families are packing into their cars in the early morning, hoping the food bank has something left when they get there. Children can’t visit their grandparents in their last moments. Small business owners are shutting their doors every day. This is Trump’s America.

The Federal Reserve is wrong so often. I see the numbers also, and do MUCH better than they do. We will have a very good Third Quarter, a great Fourth Quarter, and one of our best ever years in 2021. We will also soon have a Vaccine & Therapeutics/Cure. That’s my opinion. WATCH!

That's funny. Jamie Dimon seemed fine with corporate socialism when his bank got a $416 billion bailout from American taxpayers.