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Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett said “volatility is far from risk.” So it can be obvious that you need to consider debt, when you think about how risky a given stock is, because too much debt can sink a business. …

On May 25, 2021, the US Department of Justice (“DOJ”) unsealed a charge indicting two Austrian citizens, Peter Weinzierl (“Weinzierl”) and Alexander Waldstein (“Waldstein”), for their role in a scheme to launder hundreds of millions of dollars through the US financial system on behalf of the Brazilian construction conglomerate, Odebrecht SA (“Odebrecht”). The indictment alleges …

Within minutes of starting Sable, I managed to sequence a side quest while avidly exploring a lovely desert landscape, and from that point on, I was hooked. I’ve watched Shedworks’ serene open-world play from afar for years, after immediately falling in love with its low-poly art and the way its crimson protagonist cuts through the …

There are a few key trends to look for if we are to identify the next multi-bagger. First, we will want to see a return on capital employed (ROCE) which increases and, on the other hand, a based capital employed. If you see this, it usually means it’s a company with a great business model …

But it’s much worse than it looks. By Wolf Richter for WOLF STREET. The consumer price index jumped 0.6% in May, after jumping 0.8% in April and 0.6% in March – the three month-over-month jumps since 2009 , according to Bureau of Labor Statistics today. For the three months combined, the CPI jumped 2.0%, or …

Federal and local law enforcement announced Thursday the withdrawal of a black market marijuana and money laundering program in Colorado – an operation involving 21 people cultivating millions of dollars in illicit pot on the subway from Denver and redirecting their profits to China through social media apps. Drug investigators seized thousands of plants, hundreds …

Art businesses in the UK have reached an important deadline. A year and a half after the UK stepped up surveillance of the art market as part of a broader crackdown on money laundering, businesses are running out of time to officially register for government surveillance. As of last year, anti-money laundering (AML) rules have …

Like a puppy chasing its tail, some new investors often pursue “the next big thing,” even if that means buying “history stocks” with no income, let alone profit. And in their study entitled Who is the prey of the Wolf of Wall Street? ‘ Leuz and. Al. Have found that it is “quite common” for …

Law360 (June 9, 2021, 6:05 p.m. EDT) – Electronic money and payment institutions set to benefit from new UK money laundering legislation. However, an increase in state confiscation powers and the possibility of a broad non-prevention offense still on the horizon leaves the regulatory future of the financial technology industry uncertain. The Financial Services Act …

The first quarter of 2021 has been the best time for global container shipping lines. Year-to-year comparisons of course make no sense. The first quarter of 2020 has been the worst of times for much of the world as COVID-19 spreads. Yet under “normal” times, shipping companies see a slowdown in the first three months …