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hover11 wrote:How the Syrians was able to buy a us based plant for 327 million USD?
hover11 wrote:How the Syrians was able to buy a us based plant for 327 million USD?
pugboy wrote:should forex be treated as a market commodity or a commodity of the ppl like gasoline which is traditionally subsidized as owned by the citizens?
trinigamer wrote:hover11 wrote:How the Syrians was able to buy a us based plant for 327 million USD?
By securing a loan from a US bank.
Financing the purchase
The US$327 million acquisition price was funded by approximately 60 per cent debt and 40 per cent cash.
The debt component of the acquisition cost was raised from two loan agreements with an aggregate sum of US$200 million. These comprised a term loan of US$190 million and a sellers’ promissory note of US$10 million. Those agreements were entered into on November 1, 2024, which was the official closing date of the transaction.
Source: https://guardian.co.tt/article/us-acqui ... e5be0ca993
paid_influencer wrote:asna also get forex direct from cenral bank too not so?
paid_influencer wrote:they dont sell it to themselves (ansa bank) ?
and also get from cenral bank too
The Exim bank programmes doesn't give cash US$.neilsingh100 wrote:trinigamer wrote:hover11 wrote:How the Syrians was able to buy a us based plant for 327 million USD?
By securing a loan from a US bank.
US$127 million was cash which indirectly would have come from our foreign reserves or through the EXIM bank since ANSA Chemicals is a manufacturer and exporter.Financing the purchase
The US$327 million acquisition price was funded by approximately 60 per cent debt and 40 per cent cash.
The debt component of the acquisition cost was raised from two loan agreements with an aggregate sum of US$200 million. These comprised a term loan of US$190 million and a sellers’ promissory note of US$10 million. Those agreements were entered into on November 1, 2024, which was the official closing date of the transaction.
Source: https://guardian.co.tt/article/us-acqui ... e5be0ca993
VexXx Dogg wrote:Is it just me or are the signal bells ringing for the revision of the negative import list? Or maybe the imposition of higher import duties on certain items?
That might be an easier pill to swallow than immediate devaluation. Or at least pave the way for the government to make it sound more palatable.
Dizzy28 wrote:VexXx Dogg wrote:Is it just me or are the signal bells ringing for the revision of the negative import list? Or maybe the imposition of higher import duties on certain items?
That might be an easier pill to swallow than immediate devaluation. Or at least pave the way for the government to make it sound more palatable.
The continued credit card limit reductions seem the lowest hanging fruit and one with the least impact on general inflation. The settlement of CCs use more than 6 times as much US$ as the new car companies.
With that GORTT can limit demand. If men have maybe US$1000/monthly foreign travel will be severely curtailed and online shopping decreased naturally. OFC small businesses will probably die off.
Who gives a fvck, they get what they voted forThe_Honourable wrote:This also means that persons who have the RBC Caribbean Airlines Visa card are now going to earn less miles. Worse yet, Caribbean Airlines themselves are currently revamping their miles system, essentially you have to spend more to earn more miles.
Well at least no more riff raff in business class
AlphaMan wrote:Waiting for FCB to reduce there forex limit also
jsm1985 wrote:We’re going to have to start utilizing merchant merchant conversion to TTD while shopping online and at US Retailers. Amazon and many retailers do it, it’s usually around 3% additional on your bill
Imbert taking the taxpayers' and workers' lives for a joke in this country. Don't know if you can recall, imbert was robbed at his home a few years back and he had half a million dollars made up of US and TTD currency, that man cares about nobody but himselfpugboy wrote:impsbert have egg on he face with that petrotrin admittance
So de cashless man have plenty cash...hover11 wrote:Imbert taking the taxpayers' and workers' lives for a joke in this country. Don't know if you can recall, imbert was robbed at his home a few years back and he had half a million dollars made up of US and TTD currency, that man cares about nobody but himselfpugboy wrote:impsbert have egg on he face with that petrotrin admittance
The stage is already set , it just have a few brain dead supporters who believe PNM doing a good job. Economy has gone to shite and continues to worsen. USD is scarce, high price of gas, wage freeze, ridiculous cost of living yet it still have ppl on here saying imbert doing a good job......HOWscrewbash wrote:Trump supporters storm the capital when the presidency was stolen from him in 2020. Your USD being stolen from you. Your freedom being stolen from you.Your money in the bank being stolen from you. Time to follow trump supporters an demand a general elections one way or the other. We looking close to when NAR was in govt with no foreign imports, wage freeze, jobs lost. This might be the last chrisrmas some of you will see apple an grapes in this country. Send a message to kamla an the unc that we do not want them as well. Time to put a panday back in government.
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