Tag: Billions
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Billions to Connect Everyone to High-Speed Internet Could Still Fall Short
[ad_1] Along the southeastern edge of Oklahoma, where expansive cattle ranches and empty storefronts dot the landscape, the lack of high-speed internet service has become a daily frustration for residents. Wanda Finley, a fourth-grade teacher in Sawyer, Okla., said the satellite service at her home was often too slow to use, and it sometimes went…
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5 Americans Freed in Prisoner Swap as U.S. Unfreezes Billions in Iranian Oil Revenue
[ad_1] Five Americans who had been imprisoned in Iran were allowed to leave the country on Monday, President Biden said, after two years of high-stakes negotiations in which the United States agreed to unfreeze $6 billion in Iranian oil revenue and dismiss federal charges against five Iranians accused of violating U.S. sanctions. The announcement that…
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Global banks are pouring billions into the climate crisis. It needs to end now
[ad_1] Make no mistake, we are in the midst of a global climate crisis. Much of the globe is experiencing deadly wildfires, floods, and record-shattering heat waves. As long as the climate crisis remains unchecked, these devastating weather events will not just continue but will increase in frequency. To have any hope of avoiding the…
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The inside story of how Doug Ford spent billions to save an EV battery plant
[ad_1] Carlos Tavares, the canny top executive of auto giant Stellantis, says weeks of crisis talks to salvage a Windsor EV battery plant taught him one thing: Canada’s negotiators move way too slowly in a global green industrial race that’s accelerating at warp speed. “It was difficult to get this agreement inked at the end…
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Banks ordered to set aside billions more amid high debt
[ad_1] Canada’s banking regulator has ordered big banks to set aside billions more in rainy-day funds amid growing concern over consumers and bankers defaulting on debt, including lines of credit, credit cards and mortgages. The Office of the Superintendent of Financial Institutions announced Tuesday that it was raising the Domestic Stability Buffer to 3.5 per…
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Ecosystem Roundup: TikTok to invest billions of dollars in SEA | Kaya Founders raises US$12M to back SEA startups
[ad_1] Pricey Professional member, Good day! TikTok is doubling down on Southeast Asia. The quick video app, owned by China’s ByteDance, stated it plans to speculate billions of {dollars} within the area over the subsequent few years. This can additional speed up the competitors within the e-commerce market within the area, which is dominated…
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Billions in COVID-19 relief aid stolen or wasted, investigation finds
[ad_1] Billions in COVID-19 aid support stolen or wasted, investigation finds – CBS Information Watch CBS News A new investigation found that over $400 billion of COVID-19 relief money was stolen or wasted. Richard Lardner, an investigative reporter for the Associated Press who helped track the story, joined CBS News to discuss how fraudsters were…
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Why Ukraine is tightening anti-graft rules before aid billions start flowing
[ad_1] This text is an on-site model of our Europe Categorical publication. Enroll right here to get the publication despatched straight to your inbox each weekday and Saturday morning Good morning. The EU yesterday supplied Tunisia greater than €1bn in assist, in an try and avert an financial disaster within the nation — and a…
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Nearly every state and D.C. sue telecom company over billions of robocalls
[ad_1] Attorneys basic from virtually each state within the U.S. filed a lawsuit Tuesday towards Avid Telecom, an organization accused of creating greater than 7.5 billion robocalls to individuals on the Nationwide Do Not Name Registry. Attorneys basic from the District of Columbia and each state besides Alaska and South Dakota are performing as plaintiffs. …
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Federal government boosts May budget by billions
[ad_1] Key pointsA authorities spending audit has discovered billions in financial savings that may be added to the funds.The Might funds is predicted to include cost-of-living reduction for weak Australians.Finance Minister Katy Gallagher stated the funds would additionally supply continued assist for ladies. Finance Minister Katy Gallagher says there will likely be a “important enchancment”…