Exiled Oligarch Blames Putin’s Ukraine Invasion for Pariah Status

Andrey Melnichenko, a prominent Russian billionaire, has found himself in an unprecedented situation as he describes himself as a “pariah” in the United Arab Emirates (UAE), where he sought refuge after being subjected to sanctions. These sanctions were imposed on him in March of the preceding year, following his participation in a meeting of Russian…

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Big Banks Face New Rules on ‘Living Wills’ and Debt in Wake of Crisis

In response to the regional banking crisis that rocked the industry this spring, federal financial authorities are putting forth new regulations regarding larger banks’ living wills and holdings of long-term debt. Regarding two proposals that would update financial rules for large banks, the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of…

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Fortify Your Florida Home: How to Qualify for the $10,000 Grant in 2023

For Floridians, hurricane season can be a stressful time, particularly for those who require assistance fortifying their residences against the elements. Fortunately, the My Safe Florida Home program is coming to the rescue. Launched in November as part of a comprehensive property insurance reform law, this program provides up to $10,000 in financial assistance for…

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Maximizing Your Retirement: The Triple Lock Approach to Company Pension Schemes

As you are aware, the pension you currently receive is a ‘defined benefit’ or salary-related pension. These high-quality pensions were primarily available to those who worked for larger companies and could be considered a “perk” similar to a company vehicle or subsidized canteen. The crucial issue is that companies were not required to offer such…

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Canadian Agency’s $2.2 Billion Loan Guarantee for Trans Mountain Pipeline Expansion

Export Development Canada (EDC) has guaranteed up to C$3 billion ($2.2 billion) in additional commercial financing for the controversial Trans Mountain pipeline expansion project. EDC disclosed the loan guarantee agreed in July on their website. The Canadian government purchased the Trans Mountain pipeline from Kinder Morgan Inc (KMI.N) in 2018 to ensure the expansion project’s…

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