Bankruptcy protection in the us under chapter 15 which governs Foreign Companies in the us, protecting them from creditors that might want to sue them. You have probably heard of chapter 11. That typically governs American Companies but it is chapter 15. According to Court Filings these negotiations are ongoing in hong kong, canaanite and British Virgin islands. We have reached out to evergrande that have not had conversation. To those who have wondered if they have ever thought of evergrande before it is chinas huge property giant. They have about 1300 projects across 280 different cities in china and they invest in everything, not just property. They have an electric vehicle maker and a football club, but as i mentioned, 2021 was when we saw the Company Default on its debts, sending shockwaves across the Global Financial system and triggering a string of defaults from builders who owed money to evergrande or expected them to complete some contracts. We have seen 40 or the companies t
chatbot known as chatgpt is going to be testifying on capitol hill just hours from now. also, in ukraine a top chinese diplomat set to arrive in the capital on a peace mission. his visit comes after russia launched a huge barrage of missiles overnight and drones against the ukrainian capital. and the nba conference finals begin tonight. lebron james and the los angeles lakers will take on two-time mvp nikola jokic and the denver nuggets. cnn this morning starts right now. all right. here is where we begin. president biden will meet with members leaders of congress today trying to get some sort of progress on a debt ceiling teal. treasury secretary janet yellen reiterating the u.s. could default on its debt two weeks from now in a letter to howard liebengood the treasury will no longer be able to satisfy the government s obligations if congress is not acted to raise or suspend the debt limit by june 1. house speaker kevin mccarthy echoed yellen s urgency in the halls o
Hollywood studio bosses and the Union Representing writers have reached a tentative deal. Writers have been on strike since early may. The more than 15,000 members will still have to vote to ratify the deal. In a statement, the Writers Guild of america said actors are still out on industrial action, though. They have been on strike sincejuly. Both strikes have hit the Entertainment Industry hard. Live now to sandro monetti, editor in chief of Hollywood International filmmaker magazine. He joins us now from Beverly Hills in california. You are popping the champagne, sandro, so i believe you think this is a done deal . Hallelujah it looks like it. And here in california the cost of the economy of the Work Stoppages has been over 3 billion. Because it is more thanjust the right billion. Because it is more than just the right is billion. Because it is more thanjust the right is being on strike and the actors, too, it is all the support industry. 0ne is all the support industry. One in five
Paxos Secures $300M in Funding to Expand Blockchain-Based Payment Solutions 3ajlnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 3ajlnews.com Daily Mail and Mail on Sunday newspapers.
The government has announced plans to introduce an automatic adjustment formula for the rates of the Special Petroleum Tax, Energy Sector Levies, and Excise Duty.