A proposal at the World Health Organization (WHO) would give it the power to manage a future health crisis or pandemic, globally, including with powers to sanction. According to Nick Corbishley, author of “Scanned: Why Vaccine Passports and Digital IDs Will Mean the End of Privacy and Personal Freedom,” under this policy the WHO will be…
[Premiering at 7:30PM] WHO Plot for Globalist Control, and Vaccine Passport End-Game: Nick Corbishley
April 1, 2022
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Private Equity Behemoth TPG Aims for Over $9 Billion Valuation in US IPO
TPG is aiming for a valuation of as much as $9.3 billion in its U.S. initial public offering, as the private equity powerhouse finally moves closer to a stock market flotation after toying with the idea of going public for several years. The firm, an investor in Airbnb Inc., Uber Technologies Inc., and Spotify Technology…
US SEC Chair Gensler Seeks to Scrutinize Private Fund Fee Arrangements, Side Letter Provisions
November 10, 2021
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WASHINGTON—The chair of the U.S. Securities and Exchange Commission said on Tuesday that the agency will consider new rules that scrutinize private fund fee arrangements, side letter provisions. Gary Gensler, in a keynote address to members of the Institutional Limited Partners Association, added that the agency rules would aim to mitigate conflicts of interest between…
Private Equity Industry Asks How Long the Boom Will Last
November 10, 2021
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BERLIN—Private equity dealmakers are descending on Berlin for their annual get-together, with their industry thriving and many of them wondering how long the good times will last. Armed with billions of dollars, buyout firms have already taken advantage of what has been a record year for mergers and acquisitions (M&A), selling some of their assets…
ECB Can’t Yield Digital Money Space to Private Sector: Panetta
November 5, 2021
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Business & EconomyCompaniesdigitalECBeconomic policiesEconomiesEuropeFabio PanettaGold & CommoditiesmoneyprivateStablecoinsWorld
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FRANKFURT—The European Central Bank needs to issue a digital euro as yielding the space entirely to private sector initiatives like stablecoins could endanger financial stability and weaken the role of the central bank, ECB executive board member Fabio Panetta said. The ECB has been working on designing a digital currency, a direct claim on the…
Evergrande Backer Chinese Estates’ Stock Soars on Take-Private Offer
October 7, 2021
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HONG KONG—Shares of Chinese Estates Holdings, a former major shareholder of embattled developer China Evergrande, jumped as much as 32 percent on Thursday after it announced an offer to be taken private for $245 million. The Hong Kong developer said on Wednesday the family of Chinese Estates’ biggest shareholder, Joseph Lau, had proposed to take…
US Private Payrolls Beat Expectations in September
WASHINGTON—U.S. private payrolls increased more than expected in September as COVID-19 infections started subsiding, boosting hiring at restaurants and other high-contact businesses. Private payrolls increased by 568,000 jobs last month, the ADP National Employment Report showed on Wednesday. Data for August was revised lower to show 340,000 jobs added instead of the initially reported 374,000….
SoftBank Backs Steven Mnuchin’s $2.5 Billion Private Equity Fund
September 22, 2021
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SoftBank Group will invest in a $2.5 billion private equity fund set up by former U.S. Treasury Secretary Steven Mnuchin, the Japanese conglomerate said on Wednesday without disclosing the size of the investment. The fund, Liberty Strategic Capital, will be backed by SoftBank’s $40 billion second Vision Fund and Abu Dhabi-based sovereign wealth fund Mubadala,…
US SEC Chair Wants Private Fund Fee Disclosures, Bond Market Transparency: Testimony
September 14, 2021
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WASHINGTON—The chair of the top U.S. securities regulator wants private funds to disclose more information to investors about potential conflicts of interest and the fees they charge, according to congressional testimony published Monday evening. Gary Gensler, chair of the Securities and Exchange Commission (SEC), also wants to impose greater transparency on the corporate bond, municipal…
UK Defence Secretary Clears Private Airlift for Animal Shelter from Kabul
The defence secretary has cleared a private flight out of Kabul arranged by a British Royal Marine veteran who is determined to evacuate not only the staff who work at his animal shelter, but also some 200 cats and dogs. Paul Farthing founded the Nowzad shelter after serving with the British Army in Afghanistan in…
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