New York mayor calls on Trump to financial rescue

New York mayor calls on Trump to financial rescue

“Help us financially or you will not have a national recovery”: the mayor of New York on Thursday appealed for help to Donald Trump, urging him to release billions of dollars in federal aid to help the American financial capital to overcome the consequences of the pandemic. Read also :United States: 5.2 million new claimants … Read more

Sotheby’s auction house sued by New York State for fraud

Sotheby’s auction house sued by New York State for fraud

The businessman, Patrick Drahi, owner of the auction house, is accused of having facilitated the use by one of his main clients of false tax exemption certificates. Through Le Figaro with AFP –The Sotheby’s auction house is owned by French businessman Patrick Drahi. JOEL SAGET / AFP New York State Attorney sued Sotheby’s auction house, … Read more

Heavily in debt, can New York go bankrupt?

Heavily in debt, can New York go bankrupt?

THE CHEKING PROCESS – The paralysis of activity caused by the Covid-19 pandemic has resulted in a drop in the city’s tax revenues. Does the “Big Apple” face imminent financial peril? –New York City was already on the verge of bankruptcy in 1975. Brendan McDermid / REUTERS THE QUESTION. «New York is on the verge … Read more

Longest direct flight in history, from New York, lands in Sydney

Longest direct flight in history, from New York, lands in Sydney

The longest non-stop flight in history touched down in Sydney on Sunday morning after more than 7 hours in the air since leaving New York, a feat the Qantas company plans to translate into commercial success soon. Experimental flight QF7879 traveled for exactly 19 hours and 16 minutes, the first of three very long flights … Read more

Can New York go bankrupt?

Heavily in debt, can New York go bankrupt?

THE CHEKING PROCESS – The paralysis of activity caused by the Covid-19 pandemic has resulted in a drop in the city’s tax revenues. Heavily in debt, is the “Big Apple” facing imminent financial peril? –New York City was already on the verge of bankruptcy in 1975. Brendan McDermid / REUTERS THE QUESTION. «New York is … Read more

a crucial symposium for the markets

a crucial symposium for the markets

The traditional central bankers’ symposium begins tomorrow. The Fed Chairman’s speech is eagerly awaited. By Hervé Rousseau Posted the 08/26/2020 at 09:06, Update the 08/26/2020 at 09:06 –Jerome Powell, Chairman of the Fed ERIC BARADAT / AFP Jackson Hole’s traditional central bankers’ symposium kicks off Thursday. Since the 2007-2009 financial crisis, successive Fed presidents have … Read more