UAE

Hedge fund maestro Ray Dalio calls the United Arab Emirates a “renaissance state” — rather for financial reasons than human rights factors. He and dozens of billionaires are willing to overlook the moral maze for a safer — and cheaper — place to barricade their wealth. Dalio and Changpeng Zhao — or CZ, the world’s richest cryptocurrency titan — are among the many high-net-worth individuals to park their investments in Abu Dhabi-based special purpose vehicles (SPVs) this year, according to data gathered by Bloomberg. An SPV is essentially a holding company most commonly used to isolate assets that companies, or individuals, don’t want to appear on their balance sheets. Also Read:

In what appears to be a major development in the ongoing Israel-Hamas conflict, a potential ceasefire and significant hostage release are reportedly close to being finalized on Tuesday. This breakthrough could mark a pivotal moment in the hostilities that have lasted for more than a month. Here are the latest developments: Details of the ceasefire and hostage release: A political source revealed on Tuesday that a ceasefire agreement between Israel and Hamas is expected to last five days, during which 40 children and 13 female hostages will be released from Hamas captivity. Multiple officials, in contact with CNN, confirmed this advancement in negotiations. Optimistic remarks fr

As the first quarter of 2023 is coming to an end, now is an opportune time to assess the stock market performance of different countries. The U.S. stock market, as represented by the SPDR S&P 500 ETF Trust (NYSE:SPY), ranks only 22nd in the top performing country ETFs list, posting a quarterly total return of about 6%. Let's take a look at the quarterly performance of the best and worst performing country ETFs worldwide. Also Read: Best Exchange Traded Funds 5 Worst-Performing Country ETFs In Q1 2023 5) iShares MSCI Israel ETF (NYSE:EIS) The major stock market ETF in Israel has fallen 4% in the quarter ending March 2023, ranking as the fifth-worst country ETF so far this year.  The

-Reuters https://www.reuters.com/article/usa-cyber-surveillance-idCAKBN2IU0C8