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Black Wednesday, or the 1992 sterling crisis, was a financial crisis that occurred on 16 September 1992 when the UK Government was forced to withdraw sterling from the (first) European Exchange Rate Mechanism (ERM I), following a failed attempt to keep its exchange rate above the lower limit required for ERM participation.
Soros describes "Black Wednesday", the time he made 1 billion dollars selling the British pound short, as well as the roughly $600 million he once lost speculating on the yen in February 1994. In simple terms, "Black Wednesday", was a formal devaluation of the British pound by around 20% against the dollar, the German Mark, and other currencies ...
Managing the Quantum Fund with George Soros. Stanley Freeman Druckenmiller (born June 14, 1953) [1] is an American billionaire investor, philanthropist and former hedge fund manager. He is the former chairman and president of Duquesne Capital, which he founded in 1981. He closed the fund in August 2010, [2] at which time it had over $12 billion ...
On Wednesday, she thanked the room full of women for their work ele Harris asks for 2024 support from women of color during an address at a historically Black sorority Skip to main content
In a new interview with Vanity Fair, Jenna Ortega reflected on the controversial comments she made in March 2023 about changing her character’s lines on Netflix’s “Wednesday,” admitting ...
Black History Month Quotes. "The time is always right to do what is right." — Martin Luther King Jr., minister and civil rights activist. "Where there is love and inspiration, I don't think you ...
George Soros [a] HonFBA (born György Schwartz on August 12, 1930) [1] [2] is a Hungarian-American [b] businessman, investor, and philanthropist. [7] [8] As of October 2023, he had a net worth of US$6.7 billion, [9] [10] having donated more than $32 billion to the Open Society Foundations, [11] of which $15 billion has already been distributed, representing 64% of his original fortune.
These quotes by notable Black people—from celebrated authors to award-winning actors to renowned public figures—reflect their determination, achievements, wisdom, and the mantras they used or ...