Say what? Photo Credit: Peaton Hugo I saw a billboard on a highway in Washington that said you can get paid $16,000 per hour by playing the damn lottery. ___ Really? The billboard was a pure disappointment because I knew people would fall for that advertisement and head straight to the casino. And when they…
DetailsCheandre Llewellyn / 13 January 2023 Encompass Community Services – which is going into voluntary administration has released a statement on Friday afternoon. The Geelong-based disability services organisation was previously tipped to move into administration by the end of this week with concerns about hundreds of job losses. It’s understood genU had been in discussions…
DetailsIf you are interested in politics, you are probably aware that Sri Lanka, a South Asian country, recently declared bankruptcy and its economy has collapsed. The entire country is out of food, gas, and oil; roughly 22% of Sri Lankans are now in emergency need of food and other living resources; and approximately 22 million…
DetailsActivists break flag poles with their knees in protest against the House of Representatives committee set up to consider the opening of casinos, in Bangkok in March last year. (Photo: Chanat Katanyu) Thailand’s casino plans are causing mixed reactions among the public even though a special House committee studying the feasibility of entertainment complexes including…
DetailsActivists break flag poles with their knees in protest against the House of Representatives committee set up to consider the opening of casinos, in Bangkok in March last year. (Photo: Chanat Katanyu) Thailand’s casino plans are causing mixed reactions among the public even though a special House committee studying the feasibility of entertainment complexes including…
DetailsDemand will continue to slide, costs will keep rising, competitors will play desperate to maintain cash-flow, channel partners will keep demanding extended credit and margins, interest rates will not be any lower. Taxes and duties may even rise again during the year with a desperate effort to reduce government borrowing in rupees. So what can…
DetailsRanil Wickremesinghe, Sri Lanka President ‘).insertAfter(“.article-content__img”);$(“.article-content__img div”).find(‘div’).remove(); //]]> Sri Lanka has concluded debt restructuring talks with Japan and will continue to hold such meetings with India this month, President Ranil Wickremesinghe announced on Saturday, as the cash-strapped country looks to carve a path out of its worst financial crisis. The crisis-hit island nation, which is…
DetailsIn view of delay in assurance from bilateral creditors so as to fulfil the criteria of getting a bailout package of USD 2.9 Billion from the IMF, Sri Lanka is in talks with the World Bank and the Asian Development Bank to obtain loans worth of USD 1.9 billion. According to the Governor of the…
DetailsDisgraced cryptomogul Sam Bankman-Fried claimed FTX US is “fully solvent and always has been” after he was arrested on fraud charges. While FTX US should be “able to return all customers funds,” FTX International remains mired by insolvency, but “no funds were stolen,” Bankman-Fried insisted in a blog post in which he vowed to dedicate…
DetailsSam Bankman-Fried ordered the co-founder of his cryptocurrency exchange FTX to create a secret backdoor that allowed his hedge fund Alameda Research to borrow $65 billion of clients money without their permission, according to testimony over the firms implosion. Gary Wang was told to create a secret line of credit using customer funds from FTX…
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