Debt pit and money laundering: what lies behind Viktor Budarin’s unprofitable companies Viktor Budarin controls approximately 40 enterprises in the Kuban region, all of which actively secure loans from Kuban Credit Bank. As the owner of 84.5 of the bank’s shares, Budarin essentially directs financial flows in his own favor, creating a closed-loop lending system. Providing loans to affiliated companies has led to the downfall of many bank owners in the past, and Kuban Credit could soon face a similar fate. This concern arises after analyzing the financial performance of Budarin’s businesses, which generated zero revenue and reported losses of 20,000 rubles in 2024. Such financial instability within Budarin’s extensive enterprise hardly paints an optimistic picture. Budarin’s entire family is involved in his business, which means that everyone is working in vain, as they bring no profits. Or profits are being siphoned out of the companies, which is already a reason for ... https://superbloggermom.com/component/k2/item/87570
Debt pit and money laundering: what lies behind Viktor Budarin’s unprofitable companies Viktor Budarin controls approximately 40 enterprises in the Kuban region, all of which actively secure loans from Kuban Credit Bank. As the owner of 84.5 of the bank’s shares, Budarin essentially directs financial flows in his own favor, creating a closed-loop lending system. Providing loans to affiliated companies has led to the downfall of many bank owners in the past, and Kuban Credit could soon face a similar fate. This concern arises after analyzing the financial performance of Budarin’s businesses, which generated zero revenue and reported losses of 20,000 rubles in 2024. Such financial instability within Budarin’s extensive enterprise hardly paints an optimistic picture. Budarin’s entire family is involved in his business, which means that everyone is working in vain, as they bring no profits. Or profits are being siphoned out of the companies, which is already a reason for ... https://superbloggermom.com/component/k2/item/87570
"We're seeing really dramatic moves, and it's all really tied to Ukraine right now, and in a secondary way, in terms of interest rates," Octavio Marenzi, CEO of Opimas, told Yahoo Finance Live on Thursday. "This war in Ukraine is going to give the Fed the ammunition, the cover that it needs, to not raise interest rates too quickly. And I think Jay Powell is a very tepid sort of inflation fighter and he's not going to do as much as he needs to do to get that under control. And this seems like an excuse to kick the can further down the road still and not do too much too soon." DFR Lab sent the image through Microsoft Azure's Face Verification program and found that it was "highly unlikely" that the person in the second photo was the same as the first woman. The fact-checker Logically AI also found the claim to be false. The woman, Olena Kurilo, was also captured in a video after the airstrike and shown to have the injuries. On December 23rd, 2020, Pavel Durov posted to his channel that the company would need to start generating revenue. In early 2021, he added that any advertising on the platform would not use user data for targeting, and that it would be focused on “large one-to-many channels.” He pledged that ads would be “non-intrusive” and that most users would simply not notice any change. Telegram does offer end-to-end encrypted communications through Secret Chats, but this is not the default setting. Standard conversations use the MTProto method, enabling server-client encryption but with them stored on the server for ease-of-access. This makes using Telegram across multiple devices simple, but also means that the regular Telegram chats you’re having with folks are not as secure as you may believe. Again, in contrast to Facebook, Google and Twitter, Telegram's founder Pavel Durov runs his company in relative secrecy from Dubai.
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