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The Federal Government has defended its $5 billion Total Return Swap (TRS) facility with First Abu Dhabi Bank PJSC (FAB), saying no oil revenues or strategic national assets were pledged as collateral for the transaction. The post FG clarifies $5 billion Abu Dhabi swap, says no oil assets pledged appeared first on Nairametrics .
We haven't written up this one. Nairametrics has the full story — the link below goes straight to it.
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond.
Key PointsPeter Thiel began his career as an entrepreneur and has used his success in the start-up world to become a venture investor.
The Federal Reserve chair used the largest speaking slot on the calendar to commit to nothing and the futures market repriced September anyway.
The yen weakened past the key 160-per-dollar level as it extends a slide that’s erased more than half of its intervention-fueled gains.
Warsh had strong words about his commitment to fighting inflation.
