dChan
Anonymous ID: d2fbcd June 17, 2021, 6:48 a.m. No.63878   🗄️.is đź”—kun   >>3879 >>3880 >>3890

SAM719 USAF G5 KAF AC departed JBA sw

This AC had a trip to Memphis Int'l from JBA and back to yesterday

RCH603T USAF C-17 Globemaster departed Dover AFB west

Something for Kneepads or Flauxtus visit

Can't imagine they gonna push out Joe this quickly

Anonymous ID: d2fbcd June 17, 2021, 6:57 a.m. No.63884   🗄️.is đź”—kun   >>3890

Germany plans 100 bln euros of net new debt for 2022

 

Germany plans to take on about 100 billion euros in net new debt next year, significantly more than the 81.5 billion euros previously planned, a person familiar with the finance ministry’s budget plans said on Thursday.

 

Handelsblatt business daily had earlier reported the new figure, citing higher spending for health, care and the climate. Since March last year, Germany has implemented an unprecedented array of stimulus and rescue measures to cushion the impact of the COVID-19 pandemic on Europe’s biggest economy. This has been financed with record new borrowing of 130 billion euros in 2020 and more than 240 billion euros in 2021, and the government will need parliament to suspend debt limits for the third year running for the 2022 budget plans.

 

A finance ministry spokesperson declined to comment on the debt figure, adding that the ministry would present its updated budget plans for 2022 next Wednesday.

https://www.reuters.com/article/germany-economy-debt/germany-plans-100-bln-euros-of-net-new-debt-for-2022-source-idUSL5N2NZ45H

Anonymous ID: d2fbcd June 17, 2021, 7:05 a.m. No.63885   🗄️.is đź”—kun   >>3890

>>63608 pb Brazil exporters demand $3.8 bln from banks for currency manipulation

 

Goldman Sachs Reported to U.K. Regulator Over Spanish FX Trades

 

Europe’s largest wine exporter has filed a complaint against Goldman Sachs Group Inc. with the U.K. financial regulator in the latest round of an escalating fight over currency trades that the Spanish firm says cost it millions of euros.

 

Lawyers for J. Garcia Carrion SA, whose brands include Pata Negra and Mayor de Castilla, this week sent a report summarizing its case against the bank’s international unit to the Financial Conduct Authority.

 

The complaint, filed on June 15, alleges that Goldman Sachs International “incited the sale of unauthorized speculative derivatives unconnected to Garcia Carrion’s business, with obscure implicit fees, and without regard to the relevant regulation relating to communicating risks and the volume of the client’s business,” a spokesman for the company said in an emailed statement. The company is already suing the New York-headquartered investment bank in the U.K. over the sale of foreign exchange derivatives, part of a wider case involving allegations that its former finance director entered into unauthorized trades with a range of banks, including BNP Paribas SA and Deutsche Bank AG. Goldman Sachs, which is fighting the claims and has denied any wrongdoing, is itself suing JGC in the U.K in order to recover $6.2 million it says the Spanish firm owes it, according to a court filing. “For years J. Garcia Carrion S.A. profited without complaint from its use of FX derivatives with Goldman Sachs to manage its international currency exposure,” the bank said in a statement. “The company’s refusal to make the payments due under the transactions in 2020 on the basis that these transactions were unknown to it and were beyond its capacity and authority was unjustifiable and left us with no option but to commence legal proceedings to recover the amount owed.”

 

The widening controversy could roil what has proven to be a lucrative business for investment banks in the region. Questions over Deutsche Bank’s sale of such risky products to Spanish companies has already led to executive departures and an ongoing internal investigation.

 

Spokespeople for the FCA, Deutsche Bank and BNP Paribas declined to comment.

https://www.bnnbloomberg.ca/goldman-sachs-reported-to-u-k-regulator-over-spanish-fx-trades-1.1618257