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2023-03-19 15:34:23 JPMorgan, Morgan Stanley and Others in Talks to Aid First Republic Bank

The deal could include a sizable capital infusion to shore up the beleaguered lender, reports the WSJ.

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2023-03-19 15:34:23 Samsung To Pump $230 Billion Into ‘World’s Biggest Chip-making Base’

South Korea’s government unveiled a massive private-sector investment plan that will see tech giant Samsung pour $230 billion over the next 20 years into what Seoul calls the world’s largest chip-making plant.

"The economic battlefield, which recently began with chips, has expanded," said President Yoon Suk Yeol on Wednesday, adding that the state investment plan will offer substantial tax breaks to the high-tech sector.

Samsung and several affiliates will invest around $45 billion over the next decade into chip packaging, displays, and battery technology outside the Seoul metro area.

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2023-03-19 15:34:22 Zimbabwe Poised To Ditch Dollar In Trade With Russia — Official

The central banks of Russia and Zimbabwe should establish settlements in local currencies and look at opportunities for securing trade in gold reserves, the speaker of the Zimbabwean ruling party ZANU-PF, Christopher Mutsvangwa, told RIA Novosti on Wednesday.

The official noted that the southern African country has been under Western sanctions for 22 years, adding that curbs imposed on Russia should not handicap trade between the two countries.

Earlier this year, Russian Foreign Minister Sergey Lavrov announced that Russia and countries in Africa were developing a cooperation strategy to replace the US dollar and the euro in settlements, adding that the parties were preparing documents on rearranging the mechanism of cooperation under Western sanctions.

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2023-03-19 15:34:22 President Vladimir Putin congratulates Crimeans for "Historic" Choice

On the 9th anniversary of the vote that reunited Crimea with the Russian Federation, the Russian leader stressed the great strides made since 2014.

Important points from his address included:

- The restoration of the Crimean bridge after the terrorist attack continues and I am sure it will be completed on time

- The Russian authorities will do everything to stop any threats to Crimea

- More than 250 investment projects are being implemented in Crimea with a total investment of almost $5bn.

- In Sevastopol, there are 100 more projects totaling more than $3.5bn.

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2023-03-19 15:34:21 (the evil empire of the western WEF) ओपन / कमेंट

2023-03-17 21:01:00 CBDC Transactions to Exceed $213 Billion by 2030 Globally

The new study from Juniper Research, foremost experts analysing the fintech & payments market today, found that the value of payments via CBDCs (Central Bank Digital Currencies) will reach $213 billion annually by 2030; up from just $100 million in 2023.

Source

@InvictaChannel ओपन / कमेंट

2023-03-17 21:00:12 (the evil empire of the western WEF) ओपन / कमेंट

2023-03-17 21:00:12 Man they are playing dirty! ओपन / कमेंट