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Transcripts for CNN CNN Newsroom Live 20240604 07:26:00

Economy, the job has been done for them in many respects with the events over the past week. and in many respects, i think the tone of the meeting will be to restore confidence rather than the brow-beating we saw from powell two weeks ago in front of congress, really being steadfast against inflation. right. so how will this takeover work, exactly, again a massive emergency loan from the swiss national bank wasn t enough to stop the fallout? well, the takeover itself i think remains highly uncertain. it seems that the s and b is written in loan loss provisions and backstopped the ultimate losses. credit suisse s balance sheet is something that i think even ubs, the acquirers, and many of the executives at credit suisse don t know where all the skeletons are hidden. so it will be interesting to see the details worked out over the

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Checkout.com to power instant money transfers in Australia, Hong Kong SAR and Singapore via Mastercard Send

Mastercard Send enables merchants, acquirers, governments, gig workers, consumers and more to send and receive funds, wages, cashback, refunds, or any transfer quickly and securely With momentum building, Checkout.com joins hundreds of organizations that are already using Mastercard Send to speed up and improve fund transfers for billions of people in 100+ markets SINGAPORE, March 15, 2023 /PRNewswire/ Checkout.com, the global payments solutions provider, and Mastercard today announced that they will make Mastercard Sendavailable to more Checkout.com customers in the Asia Pacific region, starting in Australia and Hong Kong SAR later this year. The Send service - which powers real-time payments[1] for consumers, gig workers, content creators and organizations of all sizes, wherever they interact worldwide - is already available in Singapore. This partnership expansion, which builds on the firms' existing collaboration in Europe, will offer near instantaneous pay-out capabilities f

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Transcripts for CNN The Situation Room With Wolf Blitzer 20240604 22:11:00

Knowledge, but when you see the prices of the stocks of a small number of banks decline by 50% or more, you have to wonder about the health of those institutions, whether they ll be closed, whether they may sell themselves to acquirers, that s certainly also a real possibility. so the bottom line at least for now for the average american, mr. secretary, what is the risk right now? how worried should they be? i don t think the average american has a problem. their money in a bank is going to be fine. our is going to go on. stock market will wiggle about, but it s certainly not doing anything like crashing and so i

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