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In Lebanon, poverty levels tripled in a decade, says World Bank

According to the World Bank, poverty in Lebanon has tripled in 10 years. The percentage of people living below the poverty line in Lebanon rose from 12% in 2012 to 44% in 2022, according to a World Bank report. In 2019, Lebanon’s currency collapsed, inflation soared and gross domestic product (GDP) plummeted, effectively erasing many […]

Cornel West joins DC reparations protest against Wells Fargo Bank

Exclusive: Independent presidential candidate Cornel West joined a group of protesters picketing outside the Wells Fargo Bank in downtown Washington, D.C., on Tuesday afternoon to press for reparations. West, who initially ran under the People’s Party banner but then chose to run as an independent, spoke to Fox News Digital after stopping by to offer […]

Fed, Bank of Japan Will Drive Bitcoin to $1 Million, Says Arthur Hayes – Decrypt

BitMEX co-founder Arthur Hayes says the main driver for Bitcoin prices to rise to $1 million will be the Fed as both central banks press the “easy button” to bail out Asia’s struggling currencies. Predict that the reserve system and the Bank of Japan. Mr Hayes argued: essay On Monday, it announced that the dollar-yen […]

Bank of America trader dies following death of Leo Lukenas

A 25-year-old Bank of America trader died suddenly on Thursday. It comes just two weeks after the shocking death of Leo Lukenas III, a 35-year-old banker who worked 100-hour weeks at the financial giant, the Post reported. Have learned. Adnan Dumik, who was based in the bank’s London office, was participating in a casual “five-a-side” […]

Rochester, Minnesota, bank and North Dakota bank to merge in $116.4M deal – INFORUM

ROCHESTER — Home Federal Savings Bank, a 90-year-old Rochester financial institution, announced Wednesday that it will merge with Aleras Financial Corporation of Grand Forks, North Dakota, in a deal valued at approximately $116.4 million. Home Federal’s parent company, HMN Financial, Inc., signed an agreement for the bank to merge with Aleras. Founded in 1934, Home […]

Bank of England Admits Mass Migration Driving Up Cost of Housing

The Bank of England has admitted that mass immigration is a key driver of rising rents in the country, further undermining the neoliberal intelligentsia’s claim that waves of unfettered immigration will bring economic prosperity. Following the Bank of England’s decision to keep interest rates at 5.25%, Hugh Pill, the central bank’s chief economist, rejected the […]