Tag Archives: Billion

US buys Argentine pesos, finalizes $20 billion currency swap

US buys Argentine pesos, finalizes  billion currency swap

WASHINGTON (AP) — The United States directly purchased Argentine pesos on Thursday and finalized a $20 billion currency swap line with Argentina’s central bank, Treasury Secretary Scott Bessent said in a social media post, a rare move aimed at stabilizing turbulent financial markets in the cash-strapped Latin American ally. “U.S. Treasury is prepared, immediately, to take whatever exceptional measures are …

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US buys Argentine pesos, agrees to $20 billion swap line, Bessent says

US buys Argentine pesos, agrees to  billion swap line, Bessent says

U.S. Secretary of the Treasury Scott Bessent leaves the Economy Ministry building, days after Argentine President Javier Milei’s administration sealed a new loan deal with the IMF, in Buenos Aires, Argentina April 14, 2025.  Agustin Marcarian | Reuters The U.S. government purchased Argentine pesos and finalized a $20 billion currency swap framework with Argentina’s central bank, U.S. Treasury Secretary Scott Bessent said on Thursday, …

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Alex Jones Asks Supreme Court to Halt $1 Billion Payment to Sandy Hook Families – The New York Times

Alex Jones Asks Supreme Court to Halt $1 Billion Payment to Sandy Hook Families  The New York Times Alex Jones asks Supreme Court to block massive defamation judgment  NBC News Alex Jones fights paying up after Sandy Hook falsehoods. He wants Supreme Court’s help.  USA Today Alex Jones asks Supreme Court to halt $1.4 billion defamation judgement  The Hill Alex Jones asks Supreme Court …

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HSBC Offers to Take Hang Seng Bank Private for $13.6 Billion – The Wall Street Journal

HSBC Offers to Take Hang Seng Bank Private for $13.6 Billion  The Wall Street Journal Hang Seng Bank shares jump 25% as parent HSBC’s privatization bid values it at over $37 billion  CNBC HSBC offers $13.6bn for 100% control of Hong Kong lender Hang Seng  Financial Times HSBC Is Tackling Hong Kong’s Commercial Real Estate Crisis  Bloomberg.com HSBC stock slumps after $14 billion bet …

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EU rolls out $1.1 billion plan to ramp up AI in key industries amid sovereignty drive – Reuters

EU rolls out $1.1 billion plan to ramp up AI in key industries amid sovereignty drive  Reuters European Union Outlines Strategies to Boost AI Adoption, Research  The Wall Street Journal European businesses barely use AI. Brussels wants to fix that.  politico.eu Keeping European industry and science at the forefront of AI  European Commission EU wants key sectors to use made-in-Europe AI  Tioga Publishing Source link

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HSBC proposes $13.6 billion privatisation of Hong Kong's Hang Seng Bank – Reuters

HSBC proposes $13.6 billion privatisation of Hong Kong’s Hang Seng Bank  Reuters Hang Seng Bank shares jump 30% on parent HSBC’s privatization bid, valuing it at over $37 billion  CNBC HSBC Plans to Privatize Hang Seng at $37 Billion Valuation  Yahoo Finance HSBC offers $13.6bn deal to delist local Hong Kong unit  Financial Times Developing | HSBC to take Hang Seng Bank private amid …

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How former OpenAI researcher Leopold Aschenbrenner turned a viral AI prophecy into profit, with a $1.5 billion hedge fund and outsize influence from Silicon Valley to D.C.

How former OpenAI researcher Leopold Aschenbrenner turned a viral AI prophecy into profit, with a .5 billion hedge fund and outsize influence from Silicon Valley to D.C.

Of all the unlikely stories to emerge from the current AI frenzy, few are more striking than that of Leopold Aschenbrenner. The 23-year-old’s career didn’t exactly start auspiciously: He spent time at the philanthropy arm of Sam Bankman-Fried’s now-bankrupt FTX cryptocurrency exchange before a controversial year at OpenAI, where he was ultimately fired. Then, just two months after being booted …

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