Financial Pressure
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Harvard In Talks To Sell $1 Billion Of Private Equity Stakes Amid Feud With Trump: Report
Harvard has allocated almost 40% of its $53 billion endowment to private equity, according to an annual report for the year ended in June.
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Woman Backs Out Of Best Friend's Wedding After Receiving Rs 70,000 Attending Cost
The situation has since sparked an online debate, with many weighing in on the growing financial pressures placed on bridesmaids.
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Investor Calls Out "Insane" Salary Expectations For Grooms In Arranged Marriages, Sparks Debate
His post questioned the financial pressures on young professionals and the mindset of parents when setting financial criteria for potential matches.
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CEO's Post On High-Earning Tech Worker Living On "Paycheck To Paycheck" Sparks Concern
Despite both having high-paying tech jobs, Mr Chen's friend from Google revealed they often feel strapped for cash.
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Tupperware, A Nostalgic Staple Of Our Kitchens, Files For Bankruptcy
Tupperware has claimed to succumb to mounting financial pressures and declining demand for its once-iconic food storage solutions
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Binance Withdraws Abu Dhabi Licence Bid as Crypto Exhange Reassesses Global Structure After CEO Turmoil
Binance has withdrawn an application for an Abu Dhabi licence, the latest sign that the giant crypto exchange is reassessing its global structure as regulatory pressures mount. The Binance unit, called BV Investment Management, pulled the application with Abu Dhabi's financial regulator, a spokesperson for Binance said on Thursday.
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VC Firm Andreessen Horowitz to Enter UK’s ‘Predictable’ Crypto Climate Amid SEC’s Rising Pressure in US
US-based venture capital firm Andreessen Horowitz (a16z) has decided to go international with its presence. The crypto and Web3-focussed company will be establishing itself in the UK later this year. The firm finalised the move after several rounds of discussions with UK’s pro-crypto PM Rishi Sunak.
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Russia Pushes India For Help To Avert Global Financial Isolation: Report
The Kremlin is pressuring governments including India behind the scenes, threatening to upend defense and energy deals unless they help block expected moves aimed at turning Russia into a financial pariah state over its invasion of Ukraine.
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Circle Pay CEO Backs Stablecoin Legalisation in the US Amid ‘Accelerating De-Dollarisation': All Details
Jeremy Allaire, the CEO of stablecoin issuer Circle Pay has stressed that the US must get serious about considering stablecoin legalisation. He has suggested that the Federal Reserve introduce a digital dollar soon into its existing financial system and ‘capitalise on the high demand’ of stablecoins like USDC.
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South Asia Home To 45% Of Child Brides In The World: UN
South Asia is home to highest number of child brides in the world as increased financial pressures and school closures due to COVID-19 forced families to marry off their young daughters, according to new estimates released by UNICEF on Wednesday.
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Crypto Players Left in Lurch as Signature Bank, SVB, Silvergate Collapses Shake Up Financial Market
The past week has witnessed the unbanking of the crypto sector in the US with three pro-crypto banks — Silvergate, Signature, and the Silicon Valley Bank — put an end to their operations. The shortage of cash as well as the pressure to keep their businesses afloat amid the ongoing financial market slump made the US authorities to step in and ta...
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Tech CEOs Will Pay a Harsh Price for These Job Cuts
Big Tech layoffs have affected nearly every noteworthy firm in Silicon Valley with almost 100,000 positions eliminated this year. Tech workers might have taken the brunt of firings, but their counterparts in finance have begun to feel the pressure of the ongoing financial slowdown. Here's how the ongoing layoffs in the tech sector could hurt CEOs a...
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FTX Collapse: US Authorities Reportedly Approach Investors for Information on FTX, Sam Bankman-Fried
FTX investors and trading firms who worked closely with the bankrupt crypto exchange have been asked by US authorities to hand over details on the company. The authorities are also asking for details of key figures at FTX, including Sam Bankman-Fried and Caroline Ellison. Meanwhile, the US Department of Justice's bankruptcy watchdog has called for ...
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World Leaders Gather At COP27 Climate Summit Under Cloud Of Crises
World leaders gathered Monday for climate talks in Egypt facing pressure to deepen cuts in emissions and financially back developing countries already devastated by the effects of rising temperatures.
-
UK PM Boris Johnson Orders To Cut 91,000 Civil Service Jobs: Report
The Uk PM used a "cost of living" cabinet meeting in the Midlands yesterday to order his top team to redouble their efforts to ease the financial pressure on struggling families.
-
Harvard In Talks To Sell $1 Billion Of Private Equity Stakes Amid Feud With Trump: Report
Harvard has allocated almost 40% of its $53 billion endowment to private equity, according to an annual report for the year ended in June.
-
Woman Backs Out Of Best Friend's Wedding After Receiving Rs 70,000 Attending Cost
The situation has since sparked an online debate, with many weighing in on the growing financial pressures placed on bridesmaids.
-
Investor Calls Out "Insane" Salary Expectations For Grooms In Arranged Marriages, Sparks Debate
His post questioned the financial pressures on young professionals and the mindset of parents when setting financial criteria for potential matches.
-
CEO's Post On High-Earning Tech Worker Living On "Paycheck To Paycheck" Sparks Concern
Despite both having high-paying tech jobs, Mr Chen's friend from Google revealed they often feel strapped for cash.
-
Tupperware, A Nostalgic Staple Of Our Kitchens, Files For Bankruptcy
Tupperware has claimed to succumb to mounting financial pressures and declining demand for its once-iconic food storage solutions
-
Binance Withdraws Abu Dhabi Licence Bid as Crypto Exhange Reassesses Global Structure After CEO Turmoil
Binance has withdrawn an application for an Abu Dhabi licence, the latest sign that the giant crypto exchange is reassessing its global structure as regulatory pressures mount. The Binance unit, called BV Investment Management, pulled the application with Abu Dhabi's financial regulator, a spokesperson for Binance said on Thursday.
-
VC Firm Andreessen Horowitz to Enter UK’s ‘Predictable’ Crypto Climate Amid SEC’s Rising Pressure in US
US-based venture capital firm Andreessen Horowitz (a16z) has decided to go international with its presence. The crypto and Web3-focussed company will be establishing itself in the UK later this year. The firm finalised the move after several rounds of discussions with UK’s pro-crypto PM Rishi Sunak.
-
Russia Pushes India For Help To Avert Global Financial Isolation: Report
The Kremlin is pressuring governments including India behind the scenes, threatening to upend defense and energy deals unless they help block expected moves aimed at turning Russia into a financial pariah state over its invasion of Ukraine.
-
Circle Pay CEO Backs Stablecoin Legalisation in the US Amid ‘Accelerating De-Dollarisation': All Details
Jeremy Allaire, the CEO of stablecoin issuer Circle Pay has stressed that the US must get serious about considering stablecoin legalisation. He has suggested that the Federal Reserve introduce a digital dollar soon into its existing financial system and ‘capitalise on the high demand’ of stablecoins like USDC.
-
South Asia Home To 45% Of Child Brides In The World: UN
South Asia is home to highest number of child brides in the world as increased financial pressures and school closures due to COVID-19 forced families to marry off their young daughters, according to new estimates released by UNICEF on Wednesday.
-
Crypto Players Left in Lurch as Signature Bank, SVB, Silvergate Collapses Shake Up Financial Market
The past week has witnessed the unbanking of the crypto sector in the US with three pro-crypto banks — Silvergate, Signature, and the Silicon Valley Bank — put an end to their operations. The shortage of cash as well as the pressure to keep their businesses afloat amid the ongoing financial market slump made the US authorities to step in and ta...
-
Tech CEOs Will Pay a Harsh Price for These Job Cuts
Big Tech layoffs have affected nearly every noteworthy firm in Silicon Valley with almost 100,000 positions eliminated this year. Tech workers might have taken the brunt of firings, but their counterparts in finance have begun to feel the pressure of the ongoing financial slowdown. Here's how the ongoing layoffs in the tech sector could hurt CEOs a...
-
FTX Collapse: US Authorities Reportedly Approach Investors for Information on FTX, Sam Bankman-Fried
FTX investors and trading firms who worked closely with the bankrupt crypto exchange have been asked by US authorities to hand over details on the company. The authorities are also asking for details of key figures at FTX, including Sam Bankman-Fried and Caroline Ellison. Meanwhile, the US Department of Justice's bankruptcy watchdog has called for ...
-
World Leaders Gather At COP27 Climate Summit Under Cloud Of Crises
World leaders gathered Monday for climate talks in Egypt facing pressure to deepen cuts in emissions and financially back developing countries already devastated by the effects of rising temperatures.
-
UK PM Boris Johnson Orders To Cut 91,000 Civil Service Jobs: Report
The Uk PM used a "cost of living" cabinet meeting in the Midlands yesterday to order his top team to redouble their efforts to ease the financial pressure on struggling families.
