Anti-Brexit billionaire George Soros has urged the EU to transform itself into an association that countries like Britain would want to join. Soros said in a speech that Brexit was an immensely damaging process for both sides that would probably take more than five years to sort out. He warned the EU was facing an existential crisis on several fronts.
Hungarian born billionaire investor George Soros has criticised tech “monopolies” such as Facebook and Google, calling them a threat to democracy. At his annual dinner at the World Economic Forum in Davos, Soros warned that social media platforms were “obstacles to innovation”.
Anti-Trump protests so strong and well coordinated make spontaneity unlikely to the reasoning observer who makes out that ”someone is stirring the pot because America has never traditionally had a problem with accepting the outcome of an election,” as one analyst put it.
Legendary investor George Soros has warned of serious consequences for British jobs and finances if the country leaves the EU. Writing in The Guardian, he said sterling would decline precipitously if the Leave camp won Thursday's vote.
Investors holding euro-denominated Argentine bonds, including billionaire George Soros, called on trustee Bank of New York Mellon yesterday (BONY) to turn over its duties to state-owned Banco Nación so they can get paid the 225 million euros currently frozen by United States District Judge Thomas Griesa’s orders.
Following her meeting with Pope Francis at the Vatican, Argentine President Cristina Fernandez arrived in New York, where she is expected to deliver a speech at the UN’s 69th General Assembly on Wednesday.
One of the world’s legendary investors is upping his bet on Argentina’s shale oil and gas industry in a show of confidence for shale production in South America’s largest unconventional prize —and a big boost for both super-majors and smaller players making big waves in the heart of new discovery areas.
A group of hedge funds, including George Soros’s Quantum Partners and J. Kyle Bass’s Hayman Capital, is seeking a 226 million Euro interest payment on Argentine bonds from Bank of New York Mellon, BONY, that was blocked by a United States judge last month.
George Soros’s 28 billion family office boosted its stake in YPF SA, making Argentina’s largest oil company its biggest U.S.-traded stock holding in the second quarter. Soros Fund Management LLC added 8.47 million shares of YPF, according to a regulatory filing Thursday, bringing its total position to 3.5% of the company’s American depositary receipts.
George Soros says stop worrying about the Euro-zone and look at the slower growth in China. The hedge fund boss, who built his fortune betting on the world’s money markets, is concerned that twenty years of rapid growth is about to run out of steam.