99% in Kimberlies
1% in beach
FIFY.
Yes, but on the bike you don't pay all the tolls….yet.
Jan Jekielek
@JanJekielek
“The [academic] institution wanting to protect people who have committed fraud is another level of fraud. So, that's like another story. So, you have: plagiarism is one, entire bodies of literature that are corrupt, institutions protecting people who ‘cheated’ - there's really no there's no politic or polite way to say it, nor should there be. And then you have other things that we can talk about, like citation cartels, etc. But those are the three areas of corruption to me.”-
@peterboghossian
🔴WATCH on
@AmThoughtLeader
https://twitter.com/JanJekielek/status/1759595494781727231
!
The "unwinds" continue….
Putin signs decree allowing HSBC to sell Russian unit to Expobank
Feb 19th, 09:11:16
MOSCOW (Reuters) -Russian President Vladimir Putin gave approval on Monday for HSBC to sell its Russian unit to privately-owned Expobank, paving the way for the British lender to extricate itself from the Russian market after months of negotiations.
HSBC said in June 2022 that it had agreed to sell a 100% stake in the unit, HSBC Bank (RR) LLC, to Expobank. Moscow has steadily tightened restrictions on foreign asset sales since then, with banks requiring Putin's approval for any deal.
HSBC and Expobank did not immediately respond to emailed requests for comment.
Monday's order said it was allowing Expobank to acquire 100% of the unit, owned by HSBC Europe BV.
The order cited an Aug. 5, 2022 decree signed by Putin, which banned investors from "unfriendly" countries - those that have sanctioned Russia over its actions in Ukraine - from selling shares in key energy projects and banks. That decree gave Putin the power to issue special waivers in certain cases for deals to go ahead.
HSBC, Europe's biggest bank, whose global business spans China and the United States, said in September it would halt commercial payments by business customers to and from Russia and Belarus, with sanctions making it "increasingly challenging" to operate there.
https://PiQSuite.com/reuters/putin-signs-decree-allowing-hsbc-to-sell-russian-unit-to-expobank
Fergit yer "eBot" signature agin?
Well this could certainly turn into bankster bait….
Wall Street Banks Are Trying Everything in Fight to Win Underwriting Deals
Banks are selectively pitching to provide junior financing
Borrowers may increasingly use both banks and direct lenders
By Eleanor Duncan and Michael Tobin
February 19, 2024 at 6:30 AM CST
Investment banks including Goldman Sachs Group Inc. and Barclays Plc are striving to get a lucrative fee-making machine back in action.
Traditional lenders are so keen to win leveraged buyout financing that some are pitching for subordinated debt deals — the riskiest type of underwriting which they mostly avoided during a bruising past few years. At least one bank is offering payment-in-kind options, which allow interest payments to be deferred, and others are talking to borrowers about so-called pre-capitalizations, which give companies financing before a deal has even gone on the block, according to people familiar with the matter.
https://www.bloomberg.com/news/articles/2024-02-19/wall-street-banks-are-trying-everything-in-fight-to-win-underwriting-deals
After the Benz interview,"THIS"takes on slightly different meaning::
EU's von der Leyen vows to defend democracy in bid for second term
Feb 19th, 04:01:16
By Andreas Rinke and Riham Alkousaa
BERLIN (Reuters) -European Commission President Ursula von der Leyen on Monday vowed to defend democracy from those who sought to destroy it as she won the backing from German conservatives for another five-year term running the European Union's executive body.
At a meeting of the party leadership, Germany's opposition Christian Democrats (CDU) gave their support to von der Leyen to be their candidate for Commission president, putting her in a strong position to retain the post.
The 65-year-old former German defence minister is now likely to become the candidate of the pan-European centre-right umbrella group, the European People's Party (EPP), at a congress in Bucharest in March.
https://PiQSuite.com/reuters/eus-von-der-leyen-vows-to-defend-democracy-in-bid-for-second-term
>>20440610<<
And therein drops the proof.
Purportedly vessel has since sunk.
That's a 95% haircut, FTSAH, BTW.
Bayer amends dividend policy to pay minimum to reduce debt
Feb 19th, 10:48:01
FRANKFURT (Reuters) - Germany's Bayer said on Monday that it was amending its dividend policy to pay the legal minimum for a period of three years to reduce debt in a decision it said it did not take lightly.
The drugmaker said it was facing high debt and interest rates, as well as a "challenging free cash flow situation".
"One of our top priorities is reducing debt and increasing flexibility," said Chief Executive Officer Bill Anderson.
"Our amended dividend policy, which considered investor input and was not taken lightly, will help us do so."
It said it will propose a dividend of 0.11 euro for 2023.
https://PiQSuite.com/reuters/bayer-amends-dividend-policy-to-pay-minimum-to-reduce-debt
Who gave the UN a navy?
Bavaria? Who saw dat comin'?
Munich's mountains and tech tempt big banks from Frankfurt
Feb 19th, 10:12:16
By Alexander Hübner and Emma-Victoria Farr
MUNICH (Reuters) - Munich is starting to steal some of German financial hub Frankfurt's limelight as foreign banks flock to the southern city, which on a clear day has views of the Bavarian Alps.
The appeal lies in Munich's high proportion of DAX companies and tech start-ups, large insurers and financial investors, while the nearby mountains add to its allure.
Firms such as Goldman Sachs and Morgan Stanley have been drawn by big German companies such as Siemens, Allianz and BMW being based around Munich, while their bankers also value the quality of life on offer.
"Many decision-makers work and live here, it's a city where you can live well," said Dietrich Becker, head of Europe and partner at Perella Weinberg, adding that Munich had the highest concentration of clients in Germany.
The U.S. investment banking boutique was a pioneer in choosing Munich for its German base, opening its office in 2020.
"In London and Paris there is a high concentration of companies and decision-makers, in Germany that is more spread out, people are constantly on the move," Becker told Reuters.
Along with big established industrial and financial names, EQT and General Atlantic are among the largest technology investors present in Munich.
https://PiQSuite.com/reuters/munichs-mountains-and-tech-tempt-big-banks-from-frankfurt
"See § 9-85.500. The Department’s role is limited to investigating and prosecuting violations of federal election laws and deterring criminal conduct."
https://www.bing.com/search?q=us+code+section+9-85.500&form=QBLH&sp=-1&lq=0&pq=us+code+section+9-85.500&sc=3-24&qs=n&sk=&cvid=6E2AC292BB204DF7B95D1E348E866648&ghsh=0&ghacc=0&ghpl=
Has Germany ceded this vessel under any maritime law or parliamentary action? Dis Anon can't recall such an authorization.
Not Squeaky
PiQ
@PiQSuite
⚠️ BRAZIL PRESIDENT RECALLS AMBASSADOR IN ISRAEL FOR TALKS -LOCAL MEDIA
Full Story → https://PiQSuite.com/reuters/brazilrs/brazil-president-recalls-ambassador-in-israel-for-talks-local-media
https://twitter.com/PiQSuite/status/1759635292594553172