Madoff Trustee Requests Allocation of More Than $66 Million to Customer Fund and Court Approval to Distribute More Than $45 Million to BLMIS Customers with Allowed Claims
The aggregate amount distributed to eligible BLMIS customers will total approximately $14.43 billion, including approximately $849.9 million in advances committed by SIPC. As of October 31, 2023, the SIPA Trustee has recovered or reached agreements to recover approximately $14.608 billion. All trustee, legal, and accounting fees, as well as administrative expenses, are paid by SIPC. The Fifteenth Customer Fund Allocation and Distribution Motion can be found on the United States Bankruptcy Court’s website at http://www.nysb.uscourts.gov/; Bankr. It can also be found on the SIPA Trustee’s website along with more information on the BLMIS liquidation at: www.madofftrustee.com.
Source:The Bubble
December 08, 2023 15:21 UTC
Keywords to understand China: Global Civilization Initiative
AdvertisementBEIJING, Dec. 7, 2023 /PRNewswire/ — This is a report from China SCIO:Keywords to understand China: Global Civilization Initiativehttp://english.scio.gov.cn/videos/2023-11/16/content_116820078.htmView original content to download multimedia:https://www.prnewswire.com/news-releases/keywords-to-understand-china-global-civilization-initiative-302008588.htmlSOURCE China SCIODisclaimer: The above press release comes to you under an arrangement with PR Newswire. Bubblear.com takes no editorial responsibility for the same.
Source:The Bubble
December 07, 2023 20:43 UTC
OSC publishes 2023 Corporate Finance Branch Report
AdvertisementTORONTO, Dec. 7, 2023 /CNW/ – The Ontario Securities Commission (OSC) today published its annual Corporate Finance Branch Report , an important resource to help issuers and their advisors with their reporting obligations. This report is one aspect of our ongoing communications regarding compliance, trends and market observations,” said Winnie Sanjoto, Director, Corporate Finance at the OSC. OSC Staff Notice 51-735 Corporate Finance Branch 2023 Annual Report is available on the OSC’s website. Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at http://www.osc.ca . Follow us on XFollow us on LinkedInSOURCE Ontario Securities CommissionDisclaimer: The above press release comes to you under an arrangement with PR Newswire.
Source:The Bubble
December 07, 2023 20:42 UTC
Energy Department Secretary to head US government delegation at Milei’s inauguration
The United States government announced that Energy Department Secretary Jennifer Granholm will head the US delegation that will travel to Argentina for president-elect Javier Milei’s inauguration on Sunday. President Joe Biden had already said he would not be able to assist due to previous commitments on his agenda. In addition to Granholm, the U.S. delegation will also include Under Secretary of Transport Policy Carlos Monje, Assistant Secretary of Energy for International Affairs Andrew Light, and National Security Council senior director for the western hemisphere Juan González. Ambassador to Argentina Marc Stanley, who joined Milei on his trip to meet with White House, Treasury, and IMF officials, will also be part of the delegation. You may also be interested in: Milei says Elon Musk could visit Argentina in 2024
Source:Bueno Aires Herald
December 07, 2023 16:23 UTC
Four repressors condemned for crimes against humanity
A Buenos Aires federal court condemned four former officers to 25 years imprisonment and acquitted a former sergeant for crimes against humanity committed during Argentina’s latest civic-military dictatorship. The judges also acquitted former military police sergeant Miguel Víctor Pepe, despite the defense having requested life imprisonment for him. The Banco was located in the livestock stealing division of the police of the province of Buenos Aires, in the La Matanza district. The investigations into all three and the previous four trials proved ABO network operated from early 1977 until the first months of 1979. Outside the court, located in the Buenos Aires neighborhood of Retiro, members of human rights organizations celebrated the ruling, sheltering from the rain with umbrellas or huddling under gazebos.
Source:Bueno Aires Herald
December 07, 2023 11:12 UTC
‘Elijo Creer,’ the official Argentina 2022 World Cup film, hits theaters December 7
The official Argentina 2022 World Cup film, called Elijo Creer (I chose to believe) will hit theaters on Thursday, December 7. “It’s very hard to find something that unites people the way football does,” said Darín in a recent interview with Infobae about the film. “People put everything aside.Remember what happened at the Obelisk when five million people waited for the national team, that’s crazy. “The world champions are the real protagonists ,” said producer Pablo González in the advanced screening press conference. It’s a movie made by Argentines for the Argentine people, who united as a country in a way we’ve seen a few times before.
Source:Bueno Aires Herald
December 07, 2023 05:06 UTC
World divided at COP28 over whether to end fossil fuel era
At COP28 in Dubai, more than 80 countries are pushing for a broader pact to phase out all CO2-emitting fossil fuels. Opposition to a full fossil fuel phase out, diplomats say, is led by Russia, Saudi Arabia and China, which is the world’s biggest carbon emitter. “To tell Uganda to stop fossil fuels is really, really an insult. “First in, first out — and we will be happy to be the last one to exit from fossil fuels,” she said. The U.N.’s climate science panel — the IPCC –- has said steep fossil fuel cuts are needed to avert more severe climate change.
Source:Bueno Aires Herald
December 06, 2023 13:37 UTC
Peru court orders ex-President Fujimori's release
Peru’s constitutional court ordered the immediate release of former President Alberto Fujimori, who is serving a 25-year sentence for human rights abuses and corruption, according to a court document published on Tuesday. “This Constitutional Court orders the National Penitentiary Institute and the director of the Barbadillo prison to order the immediate release of Alberto Fujimori,” said the court in a ruling released to the media. He received a presidential pardon in 2017, but pressure from the Inter-American Court of Human Rights (IACHR) repeatedly snarled his attempts to regain freedom. The country’s highest court ruled that an appeal to restore a 2017 pardon for the ailing Fujimori on humanitarian grounds was “founded,” the document said. “The former president is very calm,” Riera said on Tuesday outside the prison holding Fujimori.
Source:Bueno Aires Herald
December 06, 2023 11:09 UTC
Copa America 2024 host stadiums announced
Conmebol, the governing body of South American football, announced today the host stadiums for the 2024 Copa América. The tournament will see the 10 Conmebol countries and six guests play for continental domination from June 20 to July 24. The 2024 Copa America will be played in 14 stadiums in 13 cities across the US. The final (and two group stage games) will be played in the Hard Rock Stadium at Miami, Florida, with over 75,000 capacity. “We will enjoy an unforgettable Copa America”, said Conmebol president Alejandro Dominguez upon the announcement.
Source:Bueno Aires Herald
December 05, 2023 14:48 UTC
Three Argentine climbers found dead in the Andes
The Chilean National Disaster Prevention and Response Service (Senapred for its Spanish initials) confirmed on Monday that the three Argentine mountain climbers who went missing last week in the Andes are dead. Three Argentine mountaineers had been missing since last Wednesday in Marmolejo mountain, which is 6,108 meters. “We deeply regret the passing of General San Martín mayor Raúl Espir,” posted La Pampa governor Sergio Zilioto on X (formerly Twitter). Lamentamos profundamente el fallecimiento del Intendente de General San Martín, Raúl Espir. According to the Argentine Air Force, Defense Minister Jorge Taiana had instructed the Argentine Air Force to “offer all resources to the Chilean Air Force in order to collaborate with the rescue operation” of the three Argentine climbers.
Source:Bueno Aires Herald
December 05, 2023 10:29 UTC
What we know about Javier Milei’s cabinet so far
Photo: ReutersYou may also be interested in: ‘Mileinomics’: Javier Milei’s economic plan for ArgentinaSecurityFormer presidential candidate Patricia Bullrich will be Milei’s security minister, the president-elect’s press team announced on X (formerly Twitter) on December 1. Rodolfo BarraInterior ministryGuillermo Francos left his role as Argentina’s Inter-American Development Bank (IDB) representative in August to join Milei’s team. Photo: Asociación de Bancos Argentinos (ADEBA)‘Human capital’Sandra Pettovello will be Milei’s minister of “human capital,” he confirmed after winning the elections. Although Milei had named a labor secretary following his presidential win, the position is now vacant, as is the health secretary role. InfrastructureAfter the elections, businessman Guillermo Ferraro said he would be Javier Milei’s infrastructure minister.
Source:Bueno Aires Herald
December 04, 2023 15:41 UTC
Venezuelan voters reject ICJ jurisdiction in dispute with Guyana
Voters in Venezuela rejected the International Court of Justice’s (ICJ) jurisdiction over the country’s territorial dispute with Guyana and backed the creation of a new state in the potential oil-rich Esequibo region in a Sunday referendum. The court said in April it had jurisdiction, though a final ruling on the matter could be years away. There was no organized campaign against the referendum and analysts expected voters who opposed it to stay home. He has said the ICJ ruling on Friday prohibits Venezuela from “annexing or trespassing upon Guyanese territory”. Brazil said on Wednesday it had intensified “defensive actions” along its northern border amid the territorial dispute.
Source:Bueno Aires Herald
December 04, 2023 12:21 UTC
Translation troubles: children of rigor
Sometimes these translation trouble columns have a theme and sometimes, we have to face machirulos and children of rigor with financial wrists who spit upwards. In English, the literal translation to “spit up” refers to baby puke. From big professional tasks to doing household chores, a child of “rigor” or “severity” will not get things done without nagging, pressure, or some form of impending doom. Although I think journalists in general, as a group of watchdogs constantly on deadline, make for quite the “rigorous” family. Share your thoughts and translation hang-ups with us on Facebook, Twitter or Instagram!
Source:Bueno Aires Herald
December 04, 2023 00:24 UTC
Former Peronist president’s nephew is Milei’s pick to lead Lower House
Javier Milei will propose deputy-elect Martín Menem to preside over Argentina’s Lower House, the president-elect’s team announced Saturday. In the same release, they said that Francisco Paoltroni was picked to be the Senate’s provisional president behind Victoria Villarruel. Per the Constitution, Senator-elect Paoltroni will be second in the line of succession after Vice President-elect Victoria Villarruel, while Menem will be third. In the Lower House, FdT is the first minority with 105 deputies (out of a total of 257), although a new bloc format could take place. The third biggest bloc in the lower house, or the second, depending on how deep the split of JxC is, will be LLA.
Source:Bueno Aires Herald
December 03, 2023 16:58 UTC
EU-Mercosur deal: baton pass to Milei administration likely
However, in an interview with Futurock radio station on Sunday, Argentine President Alberto Fernández suggested that won’t be the case. “We want to sign it because we think that an agreement between the EU and Argentina is correct in geopolitical terms,” the president said. President-elect Javier Milei’s administration is expected to support the deal with the EU, although he has criticized it in the past. “We would be grateful if outgoing president Alberto Fernández could finish the deal between Mercosur and the European Union,” she said. “The outgoing government clearly did not want to give Milei a free pass,” a senior diplomat with knowledge of the negotiations told Reuters.
Source:Bueno Aires Herald
December 03, 2023 16:25 UTC