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Meta Reportedly Issuing $10 Billion in Bonds to Invest in Its Metaverse Products and Other Initiatives

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Meta, the social media company, is planning to issue its first set of bonds to finance new investments and operations, according to reports. The company will be selling $10 billion in debt, to maintain a healthy cash flow and fund buybacks, per statements of two people with reported knowledge of the deal. Meta to Issue … Read more

Importance and Significance of Knowing Personal Net Worth

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In order to determine how much your net worth is, it is necessary to determine how much your assets exceed your liabilities. According to the definition, net worth is simply the difference between a person’s wealth and their debts. The net worth of a person would be considered positive when their assets exceed their liabilities. … Read more

Argentinian Senate Passes Bill That Would Tax Assets Held in Foreign Countries, Including Crypto

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The Argentinian Senate has approved a bill that would allow the government to tax non-declared assets held in foreign countries by citizens of the country. This includes stocks, properties, bonds, and even cryptocurrencies. The purpose of the legistlation would be to collect more funds to pay the $45 billion debt that Argentina has with the … Read more

Argentinian Regulator to Propose Anti-Money Laundering Measures for Crypto Firms

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The Argentinian anti-money laundering regulator is reportedly working to force cryptocurrency firms to report their movements and take AML measures on Argentinian soil. The regulation for this purpose might be ready for approval this year, according to local media. This could be the consequence of the recent requirement approved in the deal the country made … Read more

Euro Inflation Hits Record Highs, ECB Not in Rush to Raise Interest Rates

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The European Central Bank is concerned over inflation in the euro area rising beyond its own expectations, a high-ranking ECB official has admitted. However, Europe’s monetary authority is not prepared to raise interest rates at this point in time, the executive unveiled. ECB Sees No Reason to Adjust Interest Rates Despite Eurozone Inflation Reaching 5% … Read more

IMF Head Says Central Bank Digital Currencies Are Reliable, Hard to Think of Bitcoin as Money

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Digital currencies backed by central banks are the most reliable form of digital money, according to IMF managing director Kristalina Georgieva. At the same time, to think of cryptocurrencies such as bitcoin as money is difficult, believes the chief executive of the international financial institution. IMF Chief Georgieva Marks Top Issues for Policymakers Exploring CBDCs … Read more