Finance

Man City was accused of misleading the Premier League over finances

September 20, 2024

LONDON – Manchester City was accused by the Premier League on Monday of providing misleading information about its finances over a nine-year period when the club was attempting to establish itself as a force in English and European soccer following its takeover by Abu Dhabi’s ruling family.

The explosive development came after a four-year investigation by the world’s most popular soccer league in the wake of leaked club emails and documents from City officials, published by German magazine Der Spiegel in 2018. The documents showed the extent of the schemes to allegedly cover up the true source of income in

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Finance

Former Australian Medical Affiliation President Says COVID Vaccines Are A lot Extra Harmful Than Thought

February 4, 2024

December 21, 2022 · 6:52 AM

The assorted obtainable vaccines, probably even completely different batches from the identical producer, have completely different adversarial impact profiles

From Information.com.au:

Former federal MP [Member of Parliament?] Dr Kerryn Phelps has revealed he and his spouse each suffered severe and ongoing accidents from Covid vaccines, whereas suggesting the true charge of adversarial occasions is much increased than acknowledged because of underreporting and “threats” from medical regulators.

In an explosive submission to Parliament’s Lengthy Covid inquiry, the previous Australian Medical Affiliation (AMA) president has damaged her silence concerning the “devastating” expertise — rising as essentially

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kirara
Finance

The 10 Most Interesting People in Finance Right This Second

May 20, 2023

Wealthsimple makes powerful financial tools to help you grow and manage your money. Learn more

here at Wealthsimple Magazine, we usually unpack big macroeconomic stories to help readers understand what the heck is going on in markets and in business. And, partly as a result, we tend not to discuss specific people very often. We’re changing that. Because the story of money is a character-driven narrative. And, if you want to understand money a lot better, you need to know the folks behind today’s biggest headlines. That’s why we compiled a list, arranged in no particular order, of the

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Finance

Ukraine’s finance minister says G7 support is crucial for ‘longer’ war with Russia

April 30, 2023

WASHINGTON: A new international economic support package of US$115 billion gives Ukraine more confidence that it can prevail in battling Russia’s invasion, amid growing recognition that the war could continue for longer than expected, Ukrainian Finance Minister Serhiy Marchenko said on Saturday (Apr 15) .

Marchenko said Group of Seven (G7) finance ministers assured him during this week’s International Monetary Fund (IMF) and World Bank meetings in Washington that they will support Ukraine for as long as needed, a shift from last year, when there was more pressure for Ukraine to agree to end the war.

He said that the

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Finance

South Africa’s Finance Chief Rules Out More State Funds for Eskom

April 28, 2023

South African Finance Minister Enoch Godongwana ruled out additional state funding for debt-laden power utility Eskom Holdings SOC Ltd., underscoring the government’s disjointed approach to resolving the nation’s debilitating energy crisis.

Bloomberg News

Prinesha Naidoo and Enda Curran

Published April 14, 2023 • 2 minute read

The government will give Eskom three annual advances totaling 184 billion rand through March 2026.
The government will give Eskom three annual advances totaling 184 billion rand through March 2026. Photo by Waldo Swiegers /Bloomberg

(Bloomberg) — South African Finance Minister Enoch Godongwana ruled out additional state funding for debt-laden power utility Eskom Holdings SOC Ltd., underscoring

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Finance

Finance ministers defy gloomy IMF message to hit upbeat notes

April 16, 2023

Finance ministers from some of the world’s largest economies refused to have their optimism dented by the gloomy message delivered by top IMF officials at the fund’s spring meetings in Washington this week.

Despite IMF forecasts highlighting the potential for a hard landing for the global economy, Bruno Le Maire, France’s finance minister, said the prospects for his country were “solid”.

Jeremy Hunt, UK chancellor, thought the IMF was over-egging the pessimism, especially about Britain. “They’re just one of a number of forecasters,” he said. “The IMF has undershot the British economy for quite a long time — I think

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Finance

Americans lost financial ground last year. Here’s how much.

April 8, 2023

Americans have been falling behind financially over the last year. Two reports released Thursday show just how much.

The share of Americans who feel financially healthy decreased by a whopping nine percentage points in March from a year ago, according to a JD Power 2023 US Retail Banking Satisfaction Study, while the percentage of consumers who feel financially vulnerable increased by eight percentage points.

Add to that a chart from Evercore ISI Research and the picture is even grimmer.

It (below) shows how the excess savings Americans built up during the pandemic continues to shrink, falling to levels similar to

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Finance

Don’t be fooled by these 9 common money myths, the finance gurus say

April 4, 2023

Simpleimages | Moments | Getty Images

It can be hard to separate financial facts from fiction.

CNBC polled eight personal finance experts to help answer one question: What are the biggest money myths out there for consumers?

Here are 9 of the top fallacies the financial gurus debunked.

Myth #1: Giving up a daily coffee purchase is a financial game-changer

Oleg Breslavtsev | Moments | Getty Images

You’ve likely heard this refrain: Buying that daily cup of coffee is killing your chances at burgeoning retirement wealth.

But savers don’t need to be so extreme or austere with their money decisions

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