Bert Foster

The REPO Act, which was recently passed by the US government, allows the administration to seize Russian state assets located in the US and use them to benefit Ukraine. This move could result in an additional $5 billion in assistance for Ukraine, drawing from the frozen Russian Central Bank holdings that are currently held…

European cocoa supplier Natra is currently engaged in negotiations with various lenders, such as private credit funds, in relation to potentially financing the acquisition of two companies – German chocolate business Gubor Schokoladen and Italian hazelnut-spread producer Nutkao. Buyout firm CapVest, which owns Natra, is considering requesting debt proposals worth up to €700 million…

Based on the given text and analysis, the three brand-name businesses that have the potential to surpass Tesla’s market cap over the next two years are: 1. Payment processor Mastercard (NYSE: MA): Mastercard benefits from its cyclical ties as economic expansion leads to higher consumer and business spending. Its management team’s focus on payment…

Binance and KuCoin, two major cryptocurrency exchanges, have become the first offshore entities to receive approval from India’s Financial Intelligence Unit (FIU). This follows a ban imposed on these platforms last year due to alleged non-compliance with local rules. While both companies have been registered with the FIU, Binance is still awaiting a penalty…

Ether (ETH), the main token of the Ethereum blockchain, is currently the second-largest cryptocurrency by market capitalization, surpassing Bitcoin (BTC) in terms of usage beyond simple payments. Ethereum’s innovative qualities have led to a proliferation of new digital assets in the Smart Contract Platform (SCP) sector, which encompasses 88 assets representing over 35% of…

In response to growing concerns regarding the potential negative impact of derivatives being used for political and sports event betting, the U.S. Commodity Futures Trading Commission (CFTC) is set to propose a ban on listed derivatives related to major real-world events, including U.S. elections. This proposal follows lawsuits brought against the regulatory body by…

Here’s a rewritten version of the article based on the latest information provided: Investors seeking reliable sources of income should consider these three tech giants: Apple, Meta Platforms (formerly Facebook), and Alphabet (parent company of Google). While these companies are known for driving price appreciation, they have also started paying dividends. Apple has been…

According to recent developments, international politics and the search for an investment hedge could potentially drive an increase in the value of Bitcoin (BTC) in the upcoming months, despite a 10% decrease in its value during the previous week. This notion has been supported by Edouard Hindi, the Chief Investment Officer at Tyr Capital,…

Crypto projects are turning to a new breed of influencer-turned-investor known as Key Opinion Leaders (KOLs) to fund their risky ideas instead of relying solely on traditional investors such as venture capitalists (VCs) and angel investors. KOLs are individuals with large social media followings in the crypto space who provide “alpha” (insights) about which…

Raymond Tran, a teacher at I.S. 281 in Brooklyn, New York, is promoting financial literacy among his middle school students through a program called the “Stock Market Game.” The nonprofit organization SIFMA Foundation introduced this simulation game to Tran’s class, which enables students to manage $100,000 in virtual funds to invest in stocks, bonds,…