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The RBZ’s latest shift on local currency stability finally exposes the sanctions myth
zimbabwesituationhace 66d

The RBZ’s latest shift on local currency stability finally exposes the sanctions myth

Source: The RBZ’s latest shift on local currency stability finally exposes the sanctions myth Lies have very short legs. Tendai Ruben Mbofana ​For more than two decades, the Zimbabwean narrative of economic despair has been meticulously curated by those in power. If you value my social justice advocacy and writing, please consider a financial contribution [...]The post The RBZ’s latest shift on local currency stability finally exposes the sanctions myth appeared first on Zimbabwe Situation.

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Strategy Now Owns 3.4% of All Bitcoin That Will Ever Exist: Here’s Why That Number Keeps Growing
wallst_247hace 66d

Strategy Now Owns 3.4% of All Bitcoin That Will Ever Exist: Here’s Why That Number Keeps Growing

Strategy (NASDAQ: MSTR) now owns 713,502 Bitcoin (CRYPTO: BTC) —roughly 3.4% of all Bitcoin that will ever exist. That’s one out of every 29 coins, and the share keeps growing. The company just completed its largest single purchase ever, adding 22,305 BTC in one week. With an $84 billion buying plan running through 2027, Strategy ... Strategy Now Owns 3.4% of All Bitcoin That Will Ever Exist: Here’s Why That Number Keeps GrowingThe post Strategy Now Owns 3.4% of All Bitcoin That Will Ever Exist: Here’s Why That Number Keeps Growing appeared first on 24/7 Wall St..

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India, six Gulf nations set stage to launch FTA talks
toihace 66d

India, six Gulf nations set stage to launch FTA talks

Gulf Cooperation Council — comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and UAE — is a key trade and investment partner for India, with exports of nearly $57 billion and imports of around $122 billion, accounting for over 15% of India’s total global trade. Trade with GCC has grown at an average annual rate of about 15% in the last five years.

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HNIs, family offices fuel India’s private credit engine
toihace 66d

HNIs, family offices fuel India’s private credit engine

What’s fueling the rise of private credit in the first place is the fact that banks are not being able to fulfil all kinds of requirements, leaving a funding gap for mid-market structured credit, said Dhedhi. “Private credit can provide non-dilutive capital that can be tailored to specific needs of each borrower.

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