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Rich Americans Scrambling To Buy ‘Golden Passports’ To Second Country

Wealthy Americans are rushing to secure second passports, as a growing club of individuals have begun participating in government programs abroad which allow foreigners to acquire them, according to Bloomberg. A person holds up an image of a Cypriot passport during a protest against corruption last month after the latest scandal to surround the investment…

Foreign Central Banks Buy TSYs For 2nd Month, China Holdings Near 4-Year Lows

Some relatively positive news in the latest TIC data shows that the last 12 months purchases of Treasuries by foreign central banks surged by $59 billion to $221.6 billion – its highest since Jan 2019… Under the hood, foreigners Total Long-Term Treasury Purchases: $22.5BN, sharp reversal from $33BN in sales in August Purchases of Agencies…

Spain’s Santander In Talks To Buy Wirecard Bank, Other Assets Out Of Bankruptcy

Even though auditors eventually determined that roughly 2/3rds of Wirecard’s revenue (including practically all of its Asian business) was fraudulent, there are still a few businesses and assets, including Wirecard’s former European banking unit, and its payments software, that have been deemed valuable. And the company’s German bankruptcy trustee has been working to sell these…

Yorkshire Tea “Please don’t buy our tea again” – More madness

So Tea is even off limits now, another company bullied to it’s knees. P.G Tips next. What happened to all the adults?