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SMH
January 25, 2021 6:19 am
The Australian finance broker that sponsors English Premier League team Sheffield United allegedly scammed up to $588 million from Chinese investors.
They thought they were putting their money in a high yield product that may never have existed.
The massive pile of money was instead allegedly partially used by the broker, Union Standard International Group (USG), to bankroll its sale of high risk financial betting products to customers around the world including Australia.
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Those financial betting products, contracts for difference, were allegedly illegally sold to customers in China, Taiwan and other countries where the products are banned or restricted.
The Fight to Survive for Pittsburgh Restaurants
The region’s restaurants and bars are doing all they can to survive a pandemic that has meant immeasurable sacrifice and precious little government support in return.
January 21, 2021
“WE NEED TO BAND TOGETHER TO KEEP THE INDUSTRY AS A WHOLE SAFE. EVERYBODY IS IN A BAD SPOT WHERE THEY NEED MONEY, BUT PUTTING A BARTENDER IN A SITUATION WHERE THEY HAVE TO POLICE A DINING ROOM ISN’T OK. IT’S AN IMPOSSIBLE SITUATION TO THEM.” –– KATE ROMANE, OWNER OF BLACK RADISH KITCHEN
It’s been a terrible year for just about anyone who operates a restaurant, bar or catering business. Since March 16, when the first public health measures to mitigate the spread of COVID-19 included the prohibition of on-premises consumption, life in the region’s hospitality industry has been a roller coaster of uncertainty. While it’s true that restaurants and bars close every year and Pittsburgh hasn’t, to date, seen a tidal wave
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