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Blackstone Sells Stake In Three Virginia Data Centers Amid Grassroot Outrage
Blackstone Sells Stake In Three Virginia Data Centers Amid Grassroot Outrage
Up until now, when it comes to real estate, Blackstone was best known in recent years for dumping many of its trophy office properties - which in the aftermath of work from home never recovered their projected cash flow potential - at a huge discount. Now, it may be pulling a page from its old, pre-Lehman playbook by calling the top in yet another commercial real estate segment: data centers.
According to Bloomberg, Blackstone is selling its stakes in a...
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Trump's Jones Act Waiver Helped Avert Fuel Shortages Across These Key US Regions
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The Department of Homeland Security has issued the broadest Jones Act waiver since at least the 1950s, just weeks after the US-Iran conflict erupted. The measure has allowed foreign-flagged vessels to transport fuel, crude oil, fertilizer, and other essential goods between US ports, bypassing domestic shipping restrictions to mitigate supply chain disruptions across various U.S. regions.
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The Digital Euro's New Chapter
The Digital Euro's New Chapter
Authored by Cláudia Ascensão Nunes via the Foundation for Economic Education (FEE),
For years, the digital euro was presented by the European Central Bank (ECB) merely as a modern and practical alternative to banknotes and coins. It has now been openly acknowledged that the project is intended to respond to the dominance of American payment companies. Visa and Mastercard process 61 percent of card payments in the euro area, according to the ECB’s own data, and it is this dependence that Brussels intends to break.
On June 23, the European...
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