‘Follow the money’: Goldman Sachs under fire over $285M money trail in Neville Roy Singham probe

The Economic Times

Jun 29, 2026  

A federal grand jury has launched an investigation into alleged financial crimes tied to tech entrepreneur Neville Roy Singham, with prosecutors examining a reported $285 million money trail that allegedly moved through a Goldman Sachs philanthropic fund and shell companies into U.S.-based nonprofit groups. The expanding DOJ probe has also placed Goldman Sachs under scrutiny as investigators follow the flow of funds.

Major economies approach their largest budget deficits since the COVID-19 pandemic

12:00, 13 October 2026
Source: LB.ua
 


The International Monetary Fund (IMF) has warned of deteriorating public finances in the world’s major economies. In 2026, budget deficits in China and the United States are expected to reach or exceed 8% of GDP, while net borrowing across advanced economies is projected to total 5.2% of GDP. This would be the highest level since 2021.

According to the IMF, net borrowing by the US general government sector will reach 8.5% of GDP in 2026, up from 7.1% in 2025 and 5.8% before the COVID-19 pandemic. The fiscal outlook has deteriorated compared with the IMF’s April projections amid turmoil in global debt markets.

At the same time, government borrowing costs are rising. Investors are concerned about growing public debt, inflation and large-scale investment in artificial intelligence. In September, a bond sell-off put additional pressure on government budgets as debt-servicing costs increased.

According to the IMF, global public debt is expected to approach 100% of world GDP by the end of the decade. The fund identified prolonged wars, cyberattacks and extreme weather events as factors increasing fiscal risks and exacerbating the global energy shock.

Meanwhile, the IMF slightly upgraded its forecast for global economic growth in 2026 by 0.1 percentage points to 3.1%. The global economy is projected to grow by 3.4% in 2027. The US economy is expected to expand by 2.3% in both years, while China’s growth is forecast at 4.5% in 2026 and 4% in 2027. India’s economy is projected to grow by 7% annually.

Source

End of the Road | How Money Became Worthless | What Comes Next? | 4K

 End of the Road | How Money Became Worthless | What Comes Next? | 4K

Moconomy

Oct 4, 2026

End Of The Road: How Money Became Worthless - Wall Street is being occupied. Europe is collapsing in on itself. Around the world, people are consumed by fear and anger, and one question is on everyone's lips: Is the financial crisis over, or are we headed towards economic disaster? End of the Road is a documentary that chronicles the global financial collapse.

End Of The Road: How Money Became Worthless (2012)

Director: Tim Delmastro

Writers: Jason Spencer, Tim Delmastro

Stars: Adam Fergusson, G. Edward Griffin, Mike Maloney

Genre: Documentary

Country: Australia

Language: English

Release Date: 18 August 2012 (USA) 

Also Known As: Χρήμα χωρίς αξία 

Filming Locations: USA

The End Game Has Already Begun..." -

Panama Papers: 10 years on, the promises and the failures

The Panama Papers exposed the systems and mechanisms that enable corruption worldwide. A decade later, Transparency International assesses what has changed and what hasn't

Panama Papers, 10 years on. Image: Transparency International
02 April 2026


Summary

• The Panama Papers exposed how hidden company ownership and corporate service providers helped move and conceal wealth linked to corruption and crime.
• A decade on, some progress has been made: more countries now require beneficial ownership registers, anti-money laundering rules have tightened, and Mossack Fonseca shut down.
• Major loopholes still remain and the core system has survived: corruption still thrives through a parallel financial world built to keep dirty money safe.
• Transparency International is pushing for accessible ownership data, tougher enforcement, stronger regulation and supervision of gatekeeper professions, better asset recovery and real cross-border cooperation.

In 2016, the Panama Papers pulled back the curtain on a financial system designed to operate in secrecy. The International Consortium of Investigative Journalists, working with Süddeutsche Zeitung and more than 100 media partners, analysed a cache of 11.5 million leaked documents from the Panamanian law firm Mossack Fonseca. The investigation revealed how anonymous shell companies and offshore accounts were used to conceal wealth, obscure ownership and, in many cases, facilitate corruption and crime.

The level of global exposure, the vast sums moved through the system and its sheer geographic reach were unprecedented – and the first consequences followed swiftly.

Icelandic prime minister Sigmundur Davíð Gunnlaugsson resigned within days of being linked to an offshore company. Pakistan’s prime minister Nawaz Sharif was later disqualified from office following investigations triggered by the leak. Vast hidden financial networks were uncovered, reportedly connected to associates of Russian president Vladimir Putin, while figures close to power in China, Ukraine and across Latin America were also named.

What shocked the world was not only who was named and involved, but how routine it all appeared. Anonymous shell companies, nominee directors and complex offshore structures were not fringe tools – they were standard practice in a parallel financial system operating with minimal scrutiny.

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Ilhan Omar Introduces War Powers Resolution to End U.S. Military Hostilities Against Venezuela

Press Release: Rep. Ilhan Omar Introduces War Powers Resolution to End U.S. Military Hostilities Against Venezuela


By: Quiver CongressRadar

Posted: Sept. 25, 2025, 10:20 a.m. UTC



Rep. Ilhan Omar introduced a resolution to end unauthorized U.S. military actions against Venezuela and designated organizations.

Quiver AI Summary

Representative Ilhan Omar introduced a War Powers Resolution aimed at ending unauthorized U.S. military actions against Venezuela and designated transnational criminal organizations. The resolution follows strikes by the Trump administration, described as lacking congressional authorization or legal justification, and emphasizes Congress's exclusive power to declare war.

Omar, joined by other Congressional Progressive Caucus leaders, criticized the escalation of military force and highlighted the need for accountability in military engagement. The resolution also seeks to clarify that designations of foreign terrorist organizations do not authorize military action.

Supporters of the resolution, including advocacy groups, argue that recent military actions are unlawful and detrimental, emphasizing the importance of legislative oversight in matters of war. They advocate for a focus on diplomatic solutions rather than military interventions, citing widespread public opposition to unauthorized military conflict.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

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Ilhan Omar Net Worth

Quiver Quantitative estimates that Ilhan Omar is worth $18.1M, as of September 25th, 2025. This is the 71st highest net worth in Congress, per our live estimates.

Omar has approximately $0 invested in publicly traded assets which Quiver is able to track live.

You can track Ilhan Omar's net worth on Quiver Quantitative's politician page for Omar.

Ilhan Omar Bill Proposals

Here are some bills which have recently been proposed by Ilhan Omar:

• H.R.4714: End Polluter Welfare Act of 2025
• H.R.4241: Syria Sanctions Relief Act
• H.R.3652: National Police Misuse of Force Investigation Board Act of 2025
• H.R.3651: Protecting Our Protesters Act of 2025
• H.R.2009: Global Criminal Justice Act
• H.R.1111: Department of Peacebuilding Act of 2025

You can track bills proposed by Ilhan Omar on Quiver Quantitative's politician page for Omar.

Ilhan Omar Fundraising

Ilhan Omar recently disclosed $505.8K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 149th most from all Q2 reports we have seen this year. 97.9% came from individual donors.

Omar disclosed $445.8K of spending. This was the 101st most from all Q2 reports we have seen from politicians so far this year.

Omar disclosed $577.9K of cash on hand at the end of the filing period. This was the 434th most from all Q2 reports we have seen this year.

You can see the disclosure here, or track Ilhan Omar's fundraising on Quiver Quantitative.

Source

How the 'No Buy 2025' trend could help you get your budget on track this year

Is this the year of cutting back?

Yahoo Personal Finance · Getty Images

Ivana Pino · Senior Writer
Mon, July 21, 2025 at 11:44 AM EDT

Sometimes, getting your budget on track starts with a detox to wipe the slate clean and build new habits. Many consumers have taken on no-spend challenges to put themselves to the test and see if they can go a day, week, or month without spending money.

Others have taken it a step further and adopted a “no buy” year to cut out unnecessary spending and focus on what matters. Here’s what you need to know about No Buy 2025 and how to incorporate it into your life.

What is No Buy 2025?

No Buy 2025 is a personal finance trend in which individuals commit to avoiding non-essential (AKA discretionary) purchases for a set period this year, which could range from a few weeks to the full year.

One example of this trend in practice is “No Buy July,” where participants challenge themselves to avoid spending money for the full month.

“No Buy July is like a financial detox,” said Hanna Kaufman, CFP® at Betterment. “For one month, you hit pause on all non-essential spending — think: takeout, impulse Amazon buys, new clothes — and focus only on what you really need.” She explained that it’s a challenge that helps people reset their spending habits, get clarity on their financial priorities, and boost their savings without having to make huge sacrifices.

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What are stablecoins?

Cryptocurrencies are extremely volatile assets, which is why they are primarily of interest to potential investors as exchange instruments for trading. However, it is legally challenging for exchanges to launch cryptocurrency trading pairs with fiat currencies because it requires obtaining an extended broker license in most countries. This is why there was a need to create cryptocurrencies whose value would be tied to the price of a specific asset. Thus, stablecoins emerged. Their main task is to simplify exchange trading.

Are stablecoins cryptocurrencies?
Technically, stablecoins are cryptocurrency tokens with a blockchain and a decentralized network. However, their value is pegged to a real asset, which can be:
specific currencies (dollar, euro);
securities (stocks of various companies);
non-financial assets (oil, gold, silver).It is important to understand that stablecoins are issued by a specific company. Its task is to conduct emission and ensure that the exchange rate of their token closely matches the value of the asset to which they are pegged. Dollar is often used for this purpose, thus simplifying exchange calculations. Launching stablecoins allows cryptocurrency exchanges to completely abandon the use of fiat currency pairs.

So, the fundamental differences are as follows:
for cryptocurrencies, the price is not tied to assets, it depends only on demand, supply, and total emission;
for stablecoins, the price is tied to a specific asset, and emission is possible only through its exchange by the issuer (the company that issues the coin).

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