ILLEGAL IMMIGRANTS GAIN ACCESS TO OBAMACARE IN WASHINGTON STATE, AND THAT'S NOT ALL Biden's Treasury & HHS approved the request by the state's Democratic-controlled govt, via a "State Innovation Waiver", saying"The waiver will help Washington work towards its goals of improving health equity and reducing racial disparities by expanding access to coverage for the uninsured population through the state Exchange"—claiming it won't increase costs for those currently enrolled.
These services will only further incentivize illegal immigration while the Biden administration and Republican governors mitigate the problem by flying or bussing them all over the US.
ILLEGAL IMMIGRANTS GAIN ACCESS TO OBAMACARE IN WASHINGTON STATE, AND THAT'S NOT ALL Biden's Treasury & HHS approved the request by the state's Democratic-controlled govt, via a "State Innovation Waiver", saying"The waiver will help Washington work towards its goals of improving health equity and reducing racial disparities by expanding access to coverage for the uninsured population through the state Exchange"—claiming it won't increase costs for those currently enrolled.
These services will only further incentivize illegal immigration while the Biden administration and Republican governors mitigate the problem by flying or bussing them all over the US.
Telegram hopes to raise $1bn with a convertible bond private placement
The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.
Traders also expressed uncertainty about the situation with China Evergrande, as the indebted property company has not provided clarification about a key interest payment.In economic news, the Commerce Department reported an unexpected increase in U.S. new home sales in August.Crude oil prices climbed Friday and front-month WTI oil futures contracts saw gains for a fifth straight week amid tighter supplies. West Texas Intermediate Crude oil futures for November rose $0.68 or 0.9 percent at 73.98 a barrel. WTI Crude futures gained 2.8 percent for the week.
