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Forwarded from The General
BREAKING: Janet Ossebaard, the filmmaker known for her documentary series “The Fall of the Cabal” has tragically died by suicide after being reported missing for weeks.
@GeneralMCNews
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Forwarded from Tironianae 🍊 🍊 Z. - Ultra Verbum Vincet (SusanW1007🇺🇸)
ZURICH, Dec 18 (Reuters) - Julius Baer's (BAER.S) exposure to toppled property group Signa could result in losses that far exceed the provisions taken by the Swiss wealth manager, an analyst said on Monday.
"We have increased our expectation for credit losses to 400 million Swiss francs ($460.7 million) on the mentioned exposure," Zuercher Kantonalbank analyst Michael Klien wrote in a note to clients.
Klien, who previously estimated the loss at 300 million francs, said the increased figure reflects that private debt often has no direct recourse to real assets.
https://www.reuters.com/business/julius-baers-signa-losses-could-reach-460-mln-says-analyst-2023-12-18/
"We have increased our expectation for credit losses to 400 million Swiss francs ($460.7 million) on the mentioned exposure," Zuercher Kantonalbank analyst Michael Klien wrote in a note to clients.
Klien, who previously estimated the loss at 300 million francs, said the increased figure reflects that private debt often has no direct recourse to real assets.
https://www.reuters.com/business/julius-baers-signa-losses-could-reach-460-mln-says-analyst-2023-12-18/
Forwarded from Tironianae 🍊 🍊 Z. - Ultra Verbum Vincet (SusanW1007🇺🇸)
MEXICO CITY, Dec 17 (Reuters) - A dozen people were killed in an attack at a holiday party in the central Mexican state of Guanajuato, Mexican authorities said Sunday.
The attack took place at dawn in the town of Salvatierra when an armed group opened fire on partygoers attending a posada, a traditional Mexican party held in the days leading up to Christmas, according to local media.
Guanajuato, home to a significant number of automotive and aeronautics factories, has in recent years become one of the most violent states in the country, amid clashes between powerful drug trafficking groups.
https://www.reuters.com/world/americas/attack-mexico-holiday-party-leaves-12-dead-authorities-2023-12-17/
The attack took place at dawn in the town of Salvatierra when an armed group opened fire on partygoers attending a posada, a traditional Mexican party held in the days leading up to Christmas, according to local media.
Guanajuato, home to a significant number of automotive and aeronautics factories, has in recent years become one of the most violent states in the country, amid clashes between powerful drug trafficking groups.
https://www.reuters.com/world/americas/attack-mexico-holiday-party-leaves-12-dead-authorities-2023-12-17/
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Authorities on Sunday identified the deceased as the pilot, 35-year-old Mohammad Hussain Musawi of Independence, and two passengers, Mohammad Bashir Safdari, 35, of Independence and Ali Jan Ferdawsi, 29, of Salem, Oregon.