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Russia May Use Cryptocurrency To Try And Evade Sanctions—But Here’s Why It Will Be Hard

Russia May Use Cryptocurrency To Try And Evade Sanctions—But Here’s Why It Will Be Hard

Share to FacebookShare to TwitterShare to LinkedinTopline As governments around the world release an onslaught of measures to punish Russia for its invasion of Ukraine, a growing number of experts warn that Russia will almost certainly turn to cryptocurrency to help evade sanctions, though it could prove only minimally successful. Russian President Vladimir Putin in…

Russian Invasion Triggers ‘Scary’ Stock Market Correction—Here’s How Major Geopolitical Shocks Have Rattled Markets Before

Russian Invasion Triggers ‘Scary’ Stock Market Correction—Here’s How Major Geopolitical Shocks Have Rattled Markets Before

Share to FacebookShare to TwitterShare to LinkedinTopline As the growing conflict between Russia and Ukraine hoists the S&P 500 into a correction and the tech-heavy Nasdaq index into bear-market territory, analysts are warning clients a brutal stock market selloff could intensify if the conflict escalates, but many are convinced the market pressure will be short-lived,…

MacKenzie Scott Pledges $50 Million To 4-H Youth Programs

MacKenzie Scott Pledges $50 Million To 4-H Youth Programs

Share to FacebookShare to TwitterShare to LinkedinTopline Billionaire philanthropist MacKenzie Scott—whose ex-husband Jeff Bezos founded Amazon—has pledged to donate a record $50 million to the National 4-H Council, an agriculturally focused youth organization that serves six million children nationwide. MacKenzie Scott has pledged $50 million to the National 4-H Council, the organization announced … [+]…

Ruble Plunges To 80 Against The Dollar As Putin Recognizes Breakaway Republics

Ruble Plunges To 80 Against The Dollar As Putin Recognizes Breakaway Republics

Share to FacebookShare to TwitterShare to LinkedinTopline Russia’s stocks and currency were the worst performers on global markets Monday, as President Vladimir Putin signed a decree recognizing two partially separatist-controlled regions in Ukraine as independent states, a move that provoked renewed threats of severe economic sanctions against Russia should it invade Ukraine. Russian President Vladimir…

Quand Elon Musk veut de l’argent: il emprunte en mettant ses actions en gage au lieu de les vendre, évitant les impôts sur les plus-values @Forbes

Quand Elon Musk veut de l’argent: il emprunte en mettant ses actions en gage au lieu de les vendre, évitant les impôts sur les plus-values @Forbes

Many of the country’s richest people, including Elon Musk and Larry Ellison, borrow against their stock while avoiding capital gains taxes. On Saturday, Elon Musk promised to sell 10% of his Tesla stake after 58% of people voted in a Twitter poll shared by the Tesla CEO. Yesterday, Musk began to follow through, exercising about…