Tag: bankrupt

Native Americans Reject Greenpeace Presence at Protests!

North Dakota: Jury Finds Greenpeace “Guilty” of Polluting Environment with “Climate Change” Propaganda – and Levies Fine of $660m (£507m)! (20.3.2025)

At the peak, over 10,000 protesters were on site. The group included more than 200 Native American tribes, hundreds of US military veterans, actors and political leaders – including current US Health Secretary Robert F Kennedy, Jr.

The 1,172-mile pipeline has been operating since 2017. However, it still lacks a key permit to operate under Lake Oahe in South Dakota, and local tribes have pushed for an extensive environmental review of the project.

During the three-week trial, jurors heard from Energy Transfer’s co-founder and board chairman Kelcy Warren, who said in a video deposition that protesters had created “a total false narrative” about his company.

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Economic Watch: More Lenders Could be at Risk of Failure in US Banking Turmoil! (28.4.2023)

U.S. banking turmoil is not over yet, and it’s expected that a large-scale restructuring would take place in the U.S. banking sector, said Tianyang Wang, associate professor in the Department of Finance and Real Estate at Colorado State University.Many medium-sized and small banks won’t survive the loss of deposits and some of them have to be acquired by big banks at low prices, said Wang during a recent webinar.U.S. banks are paying more to hold on to deposits, setting aside more reserves for potential loan losses in the event of a potential recession, and are now more focused on building capital rather than returning it to shareholders in the form of dividends and buybacks, said a research note by Swiss banking giant UBS.The highly anticipated Q1 results from U.S. banks did not raise any new red flags about stresses in the banking system, largely putting to rest concerns about systemic risks, said the UBS.The UBS said it remains least preferred on financials stocks and continues to expect guidance and estimates to trend lower in the coming quarters as deposit pricing issues become more apparent and as the economy weakens.

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