Tag: finance

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THE TIMES OF ISRAEL: Local institutions have moved $40 billion out of Israel since start of war – report. Comment: Follow the Money? Where to? The Israel Lobby. Yes it is for the financial markets of pensions, equities, funds inflating their value viz a viz other markets. “According to Calcalist, the average exposure to overseas assets — equities, bonds, and non-tradable assets — by local institutions managing provident funds increased from 51.7% at the beginning of October 2023 to 56.3% at the end of July.”

Local institutions have moved $40 billion out of Israel since start of war – report Institutions managing public’s savings divert

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Sensemaker at Tortoise. Synopsis “Bit out of Apple”. Ireland is wounded – “…Yesterday’s ECJ verdict reverses the appeal court ruling. It’s costly even for Apple, which must forfeit a total of €13.8 billion including interest, currently held in an escrow account. It’s also embarrassing. The highest court in Europe has found that for 16 years Apple – and Ireland – were breaking the law….” “Vestager said it made her cry to see “tax justice” delivered after so long.”

Bite out of Apple  The European Court of Justice has upheld a €13 billion penalty levied against Apple eight years

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‘Rare sentence’: China court hands death sentence to banker for taking $151 million in bribes. Source: WION. Too many scams, frauds, thefts, especially in NGO’s and charities in Ireland; this should make us “shiver” with fear. …”In January 2021, Lai Xiaomin, the former chairperson of China Huarong Asset Management (CHAM) and Bai’s former boss was executed after being found guilty of taking 1.79 billion yuan (US$247 million) in bribes, embezzling public assets, and bigamy.”…”

‘Rare sentence’: China court hands death sentence to banker for taking $151 million in bribes Beijing, China Edited By: Moohita

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