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The World’s Wealthiest Family Gets $4 Million Richer Every Hour

August 15, 2019 Bloomberg Leave a comment
Jim Walton, Alice Walton, Jim's wife Lynne McNabb Walton, Rob Walton's wife Melani Lowman Walton and Rob Walton Bloomberg | James Alexander Michie

Important facts to deal with could be that the world’s richest family earns $ 4 million every hour, while there are about 25 richest dynasties on the planet which control $ 1.4 trillion. There is no doubt that the numbers are amazing: $ 70,000 per minute, $ 4 million per […]

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U.S. Record Debt Sales Continue as Deficits Head to $1 Trillion

August 7, 2019 Bloomberg Leave a comment
Pedestrians walk near the U.S. Treasury building Bloomberg | James Alexander Michie

It is already well known that the United States Department of the Treasury announced plans to maintain a record of debt sales as Republicans and Democrats continue a frenzy of expenses that are expanding the deficit even when economic growth remains strong. In this way, one could say that US […]

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Lithium Industry Buildup Is Outracing the Electric-Car Boom

August 1, 2019 Bloomberg Leave a comment
Lithium Australia Bloomberg | James Alexander Michie

The accumulation of the lithium industry is surpassing the rise of electric cars. Likewise, metal production increases as growth slow for electric vehicles in China. Certainly, lithium miners are accumulating for a booming future when electric cars generalize. But speed bumps are glimpsed, given prices falling in a new production […]

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The Old Rules for Building Wealth Are Obsolete

July 31, 2019 Bloomberg Leave a comment
Illustration Janet Sung Bloomberg | James Alexander Michie

Certainly, there are things that must remain in the past and based on that, Sophia Bera wants to make something clear, she is not your father’s financial planner. This is established as the marketing motto of Bera, and evidence of it is found throughout the website. Thus, this is the […]

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The Tax Biden Wants to Double and Trump Would Slash

July 31, 2019 Bloomberg Leave a comment
Up or Down Simon Mayer Bloomberg | James Alexander Michie

A capital gains tax is a tax on profit (surplus value) obtained by the sale of an asset that was purchased at a certain cost that was lower than the amount subsequently obtained with the sale. The most common capital gains are made from the sale of stocks, bonds, precious […]

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Latest 737 Max Fault That Alarmed Test Pilots Rooted in Software

July 31, 2019 Bloomberg Leave a comment

The Boeing 737 MAX is a family of passenger aircraft developed by the American aircraft manufacturer Boeing Commercial Airplanes from the Boeing 737 Next Generation family. The program began on August 30, 2011, made the first flight on January 29, 2016, and obtained FAA certification on March 9, 2017. The […]

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South America’s New Panama Canal to Pass Through ‘Green Hell’

July 26, 2019 Bloomberg Leave a comment
South America Paraguay Bloomberg | James Alexander Michie

The Panama Canal is an interoceanic navigation route between the Caribbean Sea and the Pacific Ocean that crosses the Isthmus of Panama at its narrowest point, whose length is 82 km. It has been considered as one of the great works of world engineering of the twentieth century, the canal […]

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Booming Demand for CBD Is Making Hemp the Cannabis Cash Crop

July 25, 2019 Bloomberg Leave a comment
Gabriel Alcala For Bloomberg Businessweek Bloomberg | James Alexander Michie

The growing demand for CBD is making hemp the commercial cultivation of cannabis. Although they are seen in some American stores, were carefully packaged they are presented in a way that would not be out of place in any mall. Otherwise, in Canada, you can order a pot by mail, […]

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The Gold Rush Heats Up as Sub-Zero Yields Spread

July 25, 2019 Bloomberg Leave a comment
Gold Bloomberg | James Alexander Michie

It is important to emphasize that gold fever warms up as the sub-zero spreads. In this way, Ray Dalio cites gold as a paradise in the paradigm shift of the markets. Gold is a soft yellow precious metal. It is one of the most used metals in jewelry stores because […]

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Rogue Trader Skirts U.S. Sanctions to Buy Maduro Regime’s Oil

July 5, 2019 Bloomberg Leave a comment
Maduro Bloomberg | James Alexander Michie

It has been said that the efforts of the United States to oust Venezuelan President Nicolás Maduro from power by punishing the Americans who buy and finance their country’s oil have so far failed. In fact, this is considered partly due to people like Dragoslav Ilic, who is a Serb […]

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