Federal agents boarded the Maersk Saltoro, a vessel managed by the same company responsible for the cargo ship that caused the deadly Baltimore bridge collapse. The FBI, U.S. Environmental Protection Agency, and Coast Guard Investigative Services conducted authorized law enforcement activities on the ship. The Justice Department has filed a lawsuit alleging that the owners…
At the Skybridge Capital SALT New York 2021 conference, Ray Dalio, co-chairman of Bridgewater Associates, highlighted the significant amount of debt still facing the U.S. economy. With the Federal Reserve’s recent interest rate cut, concerns are raised about balancing the needs of creditors and debtors. Dalio emphasized the unprecedented levels of debt being created by…
Dubai’s property market is booming, with 2024 expected to be another record year in terms of sales and property values. The increasing demand, especially in the luxury sector, is driving up prices not only for homes but for everything in the city. While this is good news for the industry, it also poses challenges, such…