Blog Verité

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Oil crisis deepens in Libya as losses exceed $3 billion

The war-torn country controls the biggest oil reserves in Africa and typically pumps 1.2 billion barrels a day. But its regular oil production ground to a halt in January when tribes loyal to eastern-based forces seized large export terminals and

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Trump signs bill to help telecoms replace Huawei equipment

The U.S. government considers the Chinese companies a security risk and has pushed its allies not to use Huawei equipment in next-generation cellular networks, known as 5G.

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Life upended for Americans as U.S. scrambles to contain coronavirus threat

From Disneyland to the U.S. Supreme Court, from Wall Street to Dodgers Stadium, nearly every facet of American life fell into turmoil on Thursday as the coronavirus outbreak caused sweeping closures and economic disruption.

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S&P 500 in Bear Market

The World Health Organization declared a global epidemic. Tom Hanks tested positive for the coronavirus and the N.B.A. canceled its season over an infection concern.

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Troubles Percolate in the Plumbing of Wall Street

Even Treasury bonds were hard to trade Wednesday, and funding markets have shown hints of strain. Investors are looking to the Fed.

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Trump’s Payroll Tax Cut Would Dwarf the 2008 Bank Bailout – The New York Times

Trump’s Payroll Tax Cut Would Dwarf the 2008 Bank Bailout  The New York Times Trump Likely to Reveal Sick Leave, Tax Extension Plan for Virus  Bloomberg Trump’s $800 billion payroll tax cut plan would dwarf Obama’s stimulus package from the height of

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Wall Street plunges, bringing record bull run to an end

Crashing U.S. stocks on Thursday confirmed Wall Street is in a bear market after new travel restrictions to curb the coronavirus spread spooked investors and rattled world markets.

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On balance, the cloud has been a huge boon to startups

Today’s startups have a distinct advantage when it comes to launching a company because of the public cloud. You don’t have to build infrastructure or worry about what happens when you scale too quickly. The cloud vendors take care of

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Peter Kraus dishes on the market

During my recent conversation with Peter Kraus, which was supposed to be focused on Aperture and its launch of the Aperture New World Opportunities Fund, I couldn’t help veering off into tangents about the market in general. Below is Kraus’

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