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Officials in Rio de Janeiro hoped hosting the 2016 Olympics would help make it a first-class city. Instead, many buildings and stadiums made for the games have gone unused since the event ended. ————————————————– Follow BI Video on Twitter: http://bit.ly/1oS68Zs Follow BI on Facebook: http://bit.ly/1W9Lk0n Read more: http://www.businessinsider.com/ ————————————————– Business Insider is the fastest growing
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It has been called a telecoms group, a semiconductor group, an investment group – even a hedge fund – but what exactly is SoftBank? The FT explains why the Japanese multinational is like a jigsaw puzzle, with the enigmatic founder and chief executive Masayoshi Son at its core See if you get the FT for
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Back in the 1990s, Portugal faced a heroin crisis. Most people knew someone affected by the lethal drug. Just two decades later, the country has one of the lowest drug-related death rates in the world. This dramatic turnaround isn’t credited to a hard-line approach, but instead by decriminalizing all drugs. Video by Tom Gibson ———-
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President Joe Biden (L) and President Vladimir Putin. Getty Images The Biden administration imposed a raft of new sanctions against Moscow on Thursday over alleged election interference and cyberattacks. “Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took sweeping action against 16 entities and 16 individuals who attempted to influence
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BlackRock CEO Larry Fink told CNBC on Thursday that the world’s largest money manager has more discussions with its institutional clients on issues around climate change and inflation than it does on cryptocurrencies. “Our broad-based client relationships, we’ve had very little interconnectivity on the conversation on crypto other than a fascination,” Fink said in an interview on
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Jane Fraser, chief executive officer for Latin American at Citigroup Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup is scheduled to report first-quarter earnings before the opening bell Thursday.Here’s what Wall Street expects: Earnings: $2.60 a share,
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From the moment he arrived at the federal prison complex in Butner, North Carolina, on July 14, 2009, until his death Wednesday, Bernard Madoff was more than just inmate No. 61727054. Fellow inmates reportedly sought him out for financial advice. Academics, attorneys and journalists clamored for his insights on the epic fraud he carried out.
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WASHINGTON – President Joe Biden said Wednesday that he will withdraw U.S. combat troops from Afghanistan by September 11, ending America’s role in what has become its longest war. The removal of approximately 3,000 American servicemembers coincides with the 20th anniversary of the Sept. 11, 2001, terror attacks which spurred America’s entry into lengthy wars
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Billionaire bitcoin bull Mike Novogratz said Wednesday that the cryptocurrency industry remains in its early days, as he predicted the wealth it generates will continue to proliferate in the years ahead. “Right now, total crypto wealth is roughly $2 trillion, so that’s one half of 1% of all wealth,” Novogratz said on CNBC’s “Squawk Box.”
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