Archiv: monetary assets
We believe you Michelle. Remember when we thought it couldn’t get worse after Bush and your husband proved us all wrong?
South Korea must abandon illegal policies on Iran frozen assets: Government spokesman
Iranian authorities have been pressing South Korea to release between $6.5 billion and $9 billion dollars in funds that had been frozen since 2018 when the United States imposed its unilateral sanctions on Iran.
Global Wealth 2020—20th Edition: The Future of Wealth Management—A CEO Agenda
Personal financial wealth has soared over the past two
decades—nearly tripling on a global basis from $80.5
trillion at the end of 1999 to $226.4 trillion at the end of 2019.1 (See Exhibit 1.) That trajectory is even more impressive in light of the many economic disruptions that have occurred during this period.
German Banks Are Hoarding So Many Euros They Need More Vaults
The physical cash holdings of German banks rose to a record 43.4 billion euros ($48 billion) in December, according to Bundesbank data published on Friday. That’s almost triple the amount at the end of May 2014, the month before the European Central Bank started charging for deposits and raising the pressure on Germany’s already beleaguered banks.