MBS: Saudi sovereign fund doubling assets in five years to $1.07T
The five-year plan would see the fund creating 1.8 million direct and indirect jobs, said Prince Mohammed bin Salman. Saudi Arabia’s Public Investment Fund (PIF) plans to double its assets to 4 trillion riyals ($1.07 trillion) by 2025, Prince Mohammed bin Salman said on Sunday, a move that would make it one of the world’s […]
Bitcoin hits $40,000 after doubling in value in the last month
Bitcoin accounts for about two-thirds of cryptocurrency market value, which is now beyond $1 trillion. Bitcoin surged to $40,000 for the first time, doubling in value in less than a month and pushing the total market value of cryptocurrencies beyond $1 trillion. Cryptocurrencies hit the milestone after a fivefold climb in market value in the past […]
US budget deficit hits $3.1 trillion, doubling previous record #duzline #duzlinenews #follow4follow
The coronavirus pandemic has contributed to the tripling of the US budget deficit in just one year. The United States’s federal budget deficit hit an all-time high of $3.1 trillion in the 2020 budget year, more than double the previous record, as the coronavirus pandemic shrank revenues and sent spending soaring. The administration of US […]