Group of Seven countries are at odds over how to tax the world’s richest individuals as finance officials prepare for a meeting in Stresa, Italy. from Bloomberg Markets https://ift.tt/lAN0nBW
A Democratic lawmaker is claiming that if former President Trump is re-elected, his Department of Justice would go on a “murdering spree.” Rep. Ayanna Pressley of Massachusetts made the speculations about political violence at a House Oversight and Accountability Committee hearing on the Office of Personnel Management on Wednesday. Speaking about Project 2025, a policy…
The International Monetary Fund welcomed Zimbabwe’s introduction of a new bullion-backed currency as an important step, in its first substantive comment yet on the ZiG since it was launched last month. from Bloomberg Markets https://ift.tt/DNgVu6Q
The private bank’s assets under management stood at $514 billion at the end of April, boosted by a positive currency impact and strong stock markets which was partly offset by lower bond market valuations. https://www.wsj.com/articles/julius-baer-flags-recovery-in-client-activity-df86b96a
The lawsuit follows a DOJ probe bolstered by fan complaints following a botched roll out for tickets to Taylor Swift’s Eras tour. https://www.cnbc.com/2024/05/23/justice-department-sues-live-nation-ticketmaster.html
For the first time since the financial crisis, investors in top-rated bonds backed by commercial real estate debt are getting hit with losses. from Bloomberg Markets https://ift.tt/u5wqvxp
A group selected for a grant of tens of millions of dollars by President Biden’s Environmental Protection Agency (EPA) was revealed to be partially focused on anti-Israel activism, claiming on its website, “The path to climate justice travels through a free Palestine.” Biden’s administration selected the Climate Justice Alliance (CJA) to receive $50 million last…
Meanwhile, President Biden is preparing to move on his own to tighten asylum rules. https://www.wsj.com/articles/senate-democrats-plan-border-security-vote-as-republicans-cry-foul-2269a8c8
In the City of London, executives are looking forward to the imminent general election as a chance for clarity after a turbulent few years. from Bloomberg Politics https://ift.tt/0Jt6AhZ
Radix, the “full-stack” Layer 1 network, has prepared for a significant surge in the DeFi sector. Since upgrading its network with smart contract capabilities via the Radix Babylon Mainnet Upgrade six months ago, Radix has witnessed a substantial increase in its total value locked (TVL), setting the stage for an impactful year in 2024. The…