When most market participants analyzed the Fed’s decision, they generally believed that the U.S. monetary policy was only a signal of a turnaround, but no real change occurred, because the federal benchmark interest rate and QE policy remained unchanged, while the excess reserve interest rate and overnight reversal The 5 basis point increase in the repurchase rate is nothing but a technical adjustment.

“However, judging from the actual effect, this technical adjustment has actually played a role in raising interest rates.” In the “Interpretation of How the Fed’s Interest Rate Meeting Understands the Tightening Signals” in the 172nd issue of the Hong Academy Micro Class on June 19, Song Hongbing said After the Fed raised the “ceiling” and “floor” interest rates, it was tantamount to raising the monetary policy interest rate by 4 basis points. This is a tangible increase in interest rates and simultaneously raised interest rates in all money markets.

The excess reserve interest rate is the ceiling interest rate, and the overnight reverse repurchase is the floor interest rate. As the core interest rate of monetary policy-the federal benchmark interest rate, it is suspended between the ceiling and the floor. For example, the current benchmark interest rate range is 0-0.25%, and the Fed’s expected target value is 0.1% between the two.

When the floor rate (overnight reverse repo rate) was increased from 0 to 0.05%, the repo market rate was immediately increased to 0.05%. why?

Because all those who have money and want to lend can lend money to the Federal Reserve and get Treasury bonds as collateral. There is no risk at all and a steady profit of 5 basis points. In the repo market, any transaction below 5 basis points cannot be done. This is the role of the overnight reverse repo rate as the “floor” rate. At the same time, the yield of short-term treasury bonds also rose immediately. For example, the yield of 3-month treasury bonds is often as low as 0.01% to 0.025%. After the local board interest rate rises by 5 basis points, the yield of 3-month treasury bonds immediately rises to 0.038%, which is 3 The highest value since the month.

At present, interest rates in several money markets have gone up across the board, and eventually the federal funds rate, the most important monetary policy rate, immediately jumped from 0.06% to 0.1%.

“For this reason, the Fed is currently turning itself into a’super pump’.” Song Hongbing said that while the Fed was forced to “release water,” it was also being forced to “pump water.” This self-contradictory approach will cause a huge financial idling and will greatly push up inflation.

According to current data calculations, the Fed will continue to inject about US$120 billion in liquidity into the financial market every month before reducing debt purchases. In addition, the U.S. Treasury Department has $765 billion in cash in the Fed’s checking account. According to the plan of Secretary of the Treasury Yellen, it should be reduced to the level of 500 billion US dollars by the end of June, which means that another 265 billion US dollars of “flood” will flood the financial markets. Although this plan may be slowed down to the second half of the year to be implemented, but in the next six months, there will be about a trillion dollars of currency floods that need to be discharged.

Considering that part of the funds may flow into the overseas US dollar market and the other part into the real economy, Song Hongbing predicts that there may be a flood of US$500 billion in the currency market before the end of the year. In addition, there are also the funding variables of “Two Housing” (Fannie Mae and Freddie Mac, two federal mortgage financing companies with government properties). Therefore, the scale of overnight reverse repurchase may continue to rise, and it may be a high probability event to exceed 1 trillion US dollars in the second half of the year, and it is estimated to be close to 1.3 trillion or even higher by the end of the year.

However, we know that all positive feedback systems are difficult to sustain, because it will require more and more external energy injection, and the scale will become larger and the speed will become more and more fierce. When the outside world cannot meet this energy demand, it will eventually become Self implosion is the end.

When short-term interest rates continue to approach and impact the red line of negative interest rates, the phenomenon that the extremes of things must be reversed will naturally occur. This is the sudden increase in the scale of the overnight reverse repurchase. The time is at the end of March this year. After April, the volume began to rise, and in May it entered a state of soaring. After June, it began to soar.

If QE money printing is to release water, then overnight reverse repurchase is a super pump. While the Fed is working hard to release water, the other side is desperately pumping water. The U.S. dollar flows out of the Fed and stays on the accounts of primary dealers and major banks for a while. The balance sheet has reached its limit, and these currency floods immediately overflowed onto the balance sheet of money market funds. However, due to the asset famine, these currency floods have nowhere to go. In the end, they can only flow back to the Federal Reserve through reverse repurchase overnight. This kind of idling of economically worthless funds has no meaning other than leaving Wall Street empty. . The point is, can this water-pumping currency game last forever? Can this positive feedback system work indefinitely? If it can operate indefinitely, this will be a state where Wall Street’s incomparably wonderful dreams come true. Stocks will always rise, financial assets will appreciate infinitely, and money will be made soft. This hearing violates the law of conservation of energy. The “blind spot” of this game mechanism is inflation. Logically speaking, if “water-pumping” continues to operate, and becomes faster and larger in scale, all money will be made by Wall Street, and the world’s wealth cake will eventually go to Wall Street. Theoretically speaking, it is impossible for currency to seal idling in the financial market. Whether it is stocks or national debt, the person who gets the money will spend it. If there is too much money and things cannot be bought, prices will naturally rise. Severe inflation will force the central bank to raise interest rates, thereby disrupting the operation of the positive feedback system. While being forced to constantly “release water”, while being forced to “pump water” continuously. This self-contradictory approach is brewing a bigger crisis

The house is for sale for more than 2.7 billion VND for a house with an area of ​​​​61.2m2 with strange information: “The house has a ghost, need to sell urgently. Book size as shown. In the middle of the night, I often hear the cry of a woman, sometimes hear the sound of children laughing in the kitchen. Can’t live anymore, sell cheap urgently, free of charge. Goodwill reduces fortune”. Illustration Or information that a house more than 30m2 in District 4, Ho Chi Minh City is also for sale urgently for 2 billion VND. Accompanied by a description: “In the middle of the night, I often hear the crying of a middle-aged woman who committed suicide… The cry is getting louder, sometimes in the kitchen, sometimes in the toilet. Can’t live anymore, sell quickly and cheaply.” When buying old houses, buyers often find out quite thoroughly, find out from the neighbors around to see what the reason for selling the old owner’s house is, what has happened to that house so far. unusual? Many people still assume that old houses used to have people who died unexpectedly due to murder, suicide, accident… or even for no reason but were rumored to be ‘ghost’. Even houses with divorced spouses, quarrels, bankrupts… are often picky about buyers because most buyers are afraid of being “snatched”. However, there is also a view that not every old house or old piece of land has an unusual death, or the old owner has something bad happen and should not be bought. Because, where no one dies, there must be times of sickness and disease according to the law of birth – old age – illness – death. Therefore, if the house is in a reasonable location and sells cheaply, still buy it. Sharing views with PV Infonet on “should buy old houses that are rumored to have ‘ghosts’ or not, architect, feng shui master Hoang Tra – Deputy Director of the Institute of Oriental Physics said: Home buyers need to carefully study the problem. There is a case where a house is lost when people are old, so buying an old house in this case is not a problem. “But if you are buying a house located on the land left by your ancestors, many old people have died on that land, often according to the concept that they will still linger on this land, the buyer needs to consider. In this case, there are many houses in the countryside, but few in the city,” said architect Hoang Tra. However, according to architect Hoang Tra, in case a house has lost someone due to sudden death, suicide, accident, etc., if the buyer knows and has been worried and hesitant, it is best not to buy anymore because of mental problems. reason was uncomfortable, bought back anxious, insecure, difficult to resolve. “Houses with ‘negative energy’, even many ‘grudges’ – the word used to refer to houses with murders and tragic deaths of many people, these lands are often very rare when someone dares to buy and bring their family. back there. However, some people still buy but buy that house for business, it depends on their decision,” said architect Hoang Tra. But for those who decide to buy a ‘ghost house’ to live in, according to architect Hoang Tra, they must be really confident people, or have spiritual masters to help them behave spiritually with that land. , so that everything is in harmony. In fact, there have also been cases where people went to buy an old house, and then after rebuilding it, they discovered that there were graves and remains on the land, but still worked in, solving spiritual and psychological problems fully, the owner still doing well, that’s pretty common.

Produced｜Sohu Finance

Author｜Wu Ya

On June 15, the first trading day after the Dragon Boat Festival holiday, China Evergrande (HK:03333) opened a high of 11.34 Hong Kong dollars per share, up 1.06%; since then, China Evergrande’s stock price has fallen all the way, with a minimum of 10.98 Hong Kong dollars per share. The decline amounted to 2.14%, and the total market value was about 145.4 billion yuan. As of press time, China Evergrande reported 10.94 Hong Kong dollars per share, down 2.5%.

Prior to June 11, China Evergrande purchased approximately 2.69 million shares of its own at a price of 11.14 to 11.38 Hong Kong dollars per share, valued at 30.2 million Hong Kong dollars.

Since June 7, 2021, to June 11, China Evergrande has spent approximately HK$529 million to repurchase approximately 46.1 million shares in just five days.

Among them, China Evergrande had spent HK$336 million to repurchase 29.084 million shares on June 7, at a repurchase price of HK$11.08-11.84 per share. On June 9, China Evergrande announced that it will be released on June 9, 2021. 12.2 million shares were repurchased on a daily basis but not yet cancelled. The issued shares accounted for 0.0921% of the existing issued shares before the issuance of the relevant shares. The price per share was HK$11.20-11.60, and the total amount paid was HK$139 million.

In addition, on June 10, Evergrande repurchased 2.111 million shares for a total of 23,699,600 Hong Kong dollars.

Stock price information shows that since March this year, China Evergrande’s stock price has declined overall, from a high of 15.7 Hong Kong dollars per share on March 30 to 11.22 Hong Kong dollars per share on June 11 (the closing price of the last trading day before the Dragon Boat Festival holiday). Shares, fell 28.53%, and the total market value shrank by more than 48.9 billion yuan.

Since May, China Evergrande has repeatedly been caught in turmoil. On June 7, China Evergrande issued a statement, and responded positively to various rumors about the sale of houses at discounted prices, Evergrande’s operating conditions, and capital chain.

China Evergrande stated that the company’s production and operation are all normal, and malicious rumors will be held accountable in accordance with the law.

It said that the annual “May 31 House Buying Festival” was held recently, and the staged extra-large preferential measures introduced are limited to products such as large units, bottom and top floors, shops and other products that have a single-building sales rate of more than 95%. No adjustments have been made to the selling prices, discounts and payment methods of all conventional products.

In view of the fact that a very small number of commercial bills were not redeemed in time by individual project companies, it expressed great importance and arranged for redemption. In addition, regarding the financial business carried out with Shengjing Bank, Evergrande Group stated that they are in compliance with relevant national laws and regulations.

It also emphasized that “the company’s production and operation are all normal, and there has been no case of late payment of loan interest or overdue return of principal in the past 25 years since its establishment.”

In addition, Xu Jiayin, Chairman of the Board of Directors of Evergrande Group, revealed at the Evergrande Group’s annual strategic partner exchange meeting on June 3 that by the end of this month, Evergrande’s interest-bearing liabilities are expected to drop from last year’s highest of 874.3 billion yuan to Below 600 billion yuan, at least one of the three red lines will turn green.

However, on the evening of June 9, China Chengxin International stated that it maintained the subject credit rating of Evergrande Real Estate Group Co., Ltd. as AAA, and maintained “15 Evergrande 03”, “19 Evergrande 01”, “19 Evergrande 02”, and “Hengda 02”. “20Hengda 01”, “20 Hengda 02”, “20 Hengda 03”, “20 Hengda 04”, “20 Hengda 05” and “21 Hengda 01” debt credit rating is AAA, but they will The entity of Evergrande Real Estate Group Co., Ltd. and the credit ratings of the aforementioned debts are included in the credit rating watch list.

China Chengxin International stated that it will continue to pay attention to the implementation progress and effects of Evergrande Group and Evergrande Real Estate’s debt reduction strategy, as well as the negative impact on the company’s operations and debt repayment that a very small amount of commercial bills are not paid in time. And timely assess the impact of the above matters on the company’s credit status.

Rejected by Facebook Jan Koum is of Jewish descent, born in 1976 into a poor family on the outskirts of Kiev, the capital of Ukraine. Koum’s father worked as a hospital and school construction manager, and his mother worked as a housewife. At the age of 16, Koum followed his mother and grandmother to the US to settle first, intending to settle down to welcome his father. They live off social welfare, from food stamps for those who cannot afford food. Koum’s mother takes care of the kids to earn extra money, while Koum cleans a grocery store. Koum still uses notebooks and pens brought from Ukraine because he lacks money to buy them. In 1997, when Koum was 21 years old, his father died in his hometown. Three years later, Koum’s mother also died in the US from cancer. In high school, Jan Koum didn’t have many friends and was seen as an outcast. He almost failed to graduate because of his lack of education. Jan Koum finds joy in his old computer. This time, Koum joins a hacker group called woowoo. With the experience gained from this hacker group, he applied for the exam and entered the University of San Jose. During his studies, he worked for Ernst and Young Auditing Company in the position of security vulnerability tester. In 1997, he ran into Yahoo employee Brian Acton. With the help of Acton, Koum got a job in cybersecurity six months later at Yahoo. Koum decided to leave school to focus on working for Yahoo. After 9 years at Yahoo, Koum rose to the position of infrastructure manager. In 2007, Koum and Acton both quit their jobs at Yahoo, spending time traveling South America in search of new inspirations. When they returned, the two applied to Facebook together, but were rejected. During his unemployment, Koum mulled over his next job. Buying an iPhone, Koum realized he could succeed with apps from the App Store. Koum came up with the idea to let people set up status updates on their phones. He said: “I am annoyed because I miss a lot of calls when I am at the gym. So I came up with the idea of ​​an app that lets friends know if the person on the other end of the line is ready to take a call, with a feature called “status”. We didn’t originally plan to start a company, we just wanted to make a product that people could use.” In February 2009, Koum and Acton co-founded WhatsApp, turning the product into a messaging app. At first, the cost to verify SMS for users cost about 500,000 USD/month, making Koum’s bank account almost exhausted. By December 2009, they updated a new version for WhatsApp on iPhone, making it possible for this application to send images, immediately the number of users increased. To ensure coverage, WhatsApp charged about $1 a month to use, which brought in about $5,000 in revenue in early 2010, enough to cover expenses later. By February 2013, when the number of WhatsApp users reached about 200 million and the number of employees was 50, Acton and Koum decided to organize a fundraiser and was invested 50 million USD by Sequoia Investment Fund, increasing the value of WhatsApp to 1 , 5 billion USD. The founding duo is very concerned about security for users. “We want to know as little of the user’s information as possible. We don’t run ads, so we don’t need personal data,” Koum said. WhatsApp quickly grew without any marketing or PR campaigns, especially in less developed countries where users rely heavily on SMS messages. Return to conquer the big man WhatsApp’s growth caught the attention of Facebook’s CEO. In 2012, Mark Zuckerberg phoned Koum to express his interest in WhatsApp. The two then kept in touch, often climbing mountains and chatting about the topic of world connection. In February 2014, Zuckerberg met Koum and offered to buy WhatsApp for $19 billion (including $4 billion in cash, the rest in Facebook stock). At the time Facebook acquired WhatsApp, the app had 450 million monthly active users. In 2019, this number has reached 1.5 billion. By February 2021, the application has surpassed 2 billion users in 180 countries, is the world’s most popular free messaging application over the internet today. However, the sale of WhatsApp by co-founders Jan Koum and Brian Acton is said to be a bad decision. The biggest split between WhatsApp and Facebook is the messaging app’s monetization policy. Koum and Acton have resisted the adoption of Facebook’s widespread advertising model, which uses personal data to allow marketers to show ads to specific sets of customers on the social network. Those disagreements have led to tensions with Facebook CEO Mark Zuckerberg and COO Sheryl Sandberg. Acton left WhatsApp in 2017, 8 months later Jan Koum also left. “I sold my company. For great personal gain I sold my users’ privacy to Facebook. I made a decision and compromised with that and I regret it” – Jan Koum shared with Forbes. After the two founders left, Facebook persisted with the policy given to WhatsApp. In early January 2021, WhatsApp made a controversial decision, when it changed its policy and terms of use, requiring WhatsApp users to agree to the sharing of their personal information with the parent company Facebook. and Facebook affiliated companies. According to WhatsApp, sharing information will help this application better understand users, in order to improve and enhance the quality of the service. However, this move of WhatsApp has angered many users and called for a boycott of the application, because they do not want to share their information with Facebook. Many WhatsApp users have switched to other free internet messaging apps and services, like Telegram and Signal. In 2014, Jan Koum entered Forbes’ list of the 400 richest Americans at number 62, with an estimated net worth of $7.5 billion. As of August 2020, his net worth is estimated at $10 billion.

Amazon has acquired Metro Goldwyn Mayer (MGM), a long-standing Hollywood studio. Amazon has reached an agreement to own movie studio MGM for $8.45 billion, the company announced on May 26. This is considered a significant step forward for the e-commerce giant when Amazon will add to the available content store about 4,000 titles and 17,000 hours of TV series. The deal helps Amazon attract more Prime users, in order to compete fairly with rivals that own a diverse stock of original movies like Netflix or Disney Plus. MGM is the Hollywood studio behind hit franchises like James Bond and Rocky, but also modern adult series like The Handmaid’s Tale and Vikings. In addition, this studio also owns popular TV shows such as The Voice (Vietnamese Voice) and Shark Tank (Billion Billion Deal). However, the most famous and best known by Vietnamese people is the animated series Tom and Jerry. “The real financial value behind this deal is the IP treasure (copyright) that we plan to renew and grow with the talented team of MGM,” said Mike Hopkins, vice president. in charge of Prime Video and Amazon Studios said. Amazon’s television business is still only a very small slice of an e-commerce empire worth $ 1,650 billion. However, to date, there are more than 200 million subscribers to use Amazon Prime monthly service, with a service fee of 5.99 USD/month. News of Amazon’s acquisition of Hollywood’s 97-year-old studio emerged in mid-May. On May 24, the Wall Street Journal revealed that Amazon was very close to a deal to acquire MGM. MGM is owned by a group of investment funds including Anchorage Capital Group, Highland Capital Management, and Solus Alternative Asset Management. Reports about investors wanting to sell MGM to recover capital have surfaced since the end of December 2020. Currently, Hollywood film studios are in a fierce race to fight against the powerful forces of the day like Netflix or Disney. Last week, telecommunications giant AT&T also planned to merge WarnerMedia with Discovery to create the world’s second-largest media giant, after Disney mouse house. At that time, AT&T ambitiously merged HBO Max and Discovery Plus to create a video-on-demand service with a rich content store that could beat the competition. Phuong Nguyen (according to TheVerge)

In February 2020, an American architecture student named Caleb Brackney decided to buy a 1995 school bus for $3,000. The vehicle was later converted into a mobile home by Brackney at a cost of $7,000 to upgrade. Caleb Brackney spent the next six months designing and completing his new home by himself, including refurbishing the exterior, removing the old seats, reinforcing the floor and ceiling, and installing convenience equipment. benefits inside the car. Caleb Brackney started moving into his mobile home in August 2020. This mobile home is named The Roamer, after the town where the old bus was purchased. Most of the interior space of the bus is used as a living place with all the necessary facilities of a small house, the total area used is about 20 square meters. Right behind the driver’s seat is a cooking area with an oven, microwave, sink… The space between the car is used as a place to study and work with a wooden table next to the window. This is also where Brackney can play the piano and entertain. Taking up the most space is a resting place with a double bed, next to it is a sofa and TV. Supplying domestic electricity for mobile homes is a generator system, solar batteries and electricity storage batteries. The house’s clean water tank has a capacity of 190 liters, enough for Brackney to live for about 2 weeks. Most of the items and materials that make up The Roamer bus are recycled to protect the environment. Brackney plans to live in his mobile home for the next 2-3 years until he completes his master’s degree. Turn an old bus into a barber shop in Ho Chi Minh City with VND 400 million With the desire to move to many places so that he could cut everyone’s hair, Mr. Nguyen Hoai Thanh converted the bus into a mobile barber shop at a cost of nearly 400 million VND.

By acquiring Houghton Mifflin Harcourt, HarperCollins will be better able to compete in the publishing industry. Photo: Richard Drew / Associated Press. Robert Thomson – CEO of News Corp – said welcome: “We welcome the talented team of Houghton Mifflin Harcourt to HarperCollins, especially at a time when so many people in many places are reading and listening to books. “. “We look forward to new and exciting opportunities as we chart a stronger future together,” said Brian Murray, President and CEO of HarperCollins. He thinks that merging two publishing companies, each with a long list of literary works, will be the focus of team cohesion. Houghton Mifflin Harcourt owns a list of more than 7,000 titles and has many important works in the lifestyle and children’s segments. Many famous books by Houghton Mifflin Harcourt help to generate high profits such as: Curious George, The Polar Express, Little Blue Truck and The Little Prince … HarperCollins will acquire the English rights to JRR Tolkien’s novels and films, including Hobbit guy and The Lord of the Rings . Illustration by JRR Tolkien in the upcoming edition of The Lord of the Rings. Photo: The Tolkien Estate/Harper Collins. Houghton Mifflin Harcourt’s audiobook business is also thriving, which is expected to boost HarperCollins’ audiobook sales. Before that, the sheet New York Times commented that by acquiring Houghton Mifflin, HarperCollins will be better able to compete as the publishing industry is being dominated by “big players”. In recent years, the book business has witnessed the consolidation of a number of large publishing units. In 2020, ViacomCBS agreed to sell Simon & Schuster to Penguin Random House for more than $2 billion. The deal attracted the attention of antitrust regulators and raised concerns among booksellers, authors and agents. The deal of these two book giants is not yet completed. HarperCollins is the second largest publisher of consumer books in the world. In the first quarter of the year, HarperCollins saw revenue growth of 19% year over year. Headquartered in New York, HarperCollins has publishing operations in 17 countries. This unit has more than 120 publishing brands around the world. Each year, this unit publishes about 10,000 books, print and digital catalogs more than 200,000 works.

Facebook may be fined $ 1.8 million in Israel for “acquiring” 2 companies without permission According to Reuters, Facebook is facing a fine of up to $ 1.8 million for its act of acquiring two Israeli companies, RedKix Inc in 2018 and Service Friend Ltd in 2019 but without approval and violating the law. clause in the Economic Competition Law of Israel. Authorities in the country argue that Facebook has a market share in Israel in excess of 50% and that the group must report transactions and obtain consent before any merger in the country. . The authorities also said that Facebook and Istagram are two exclusive social networks in Israel. Facebook will face a hearing soon and the company will have 60 days to appeal the charges before serving the fine. Talking about this, Facebook has denied allegations of antitrust behavior and said that Facebook is still cooperating with the investigations of the authorities. In addition, Facebook believes that there is no reporting obligation in relation to these transactions and hopes that the competent authorities will come to the right conclusions. Last year, Facebook was also fined by the US federal court up to $5 billion related to data privacy violations and forced Facebook to strengthen privacy protections, provide quarterly report on the implementation of the agreement and the establishment of an independent monitoring board. In Canada, Facebook was also fined $6.5 million by the Competition Bureau for sharing user information with other companies.

Google’s domain in Argentina stopped working. Photo: Gonto. However, this domain name stopped working after Kuronã completed its transaction. Perhaps, Google accidentally forgot to renew the domain “google.com.ar” in this country, leading to the domain name becoming expired and listed for sale on nic.air. Kuronã’s actions are considered “cybersquatting”, acts that benefit themselves from the registration, acquisition and use of another person’s trademark, according to MercoPress . Google also quickly regained its domain, and everything worked properly after that. This incident became a hot topic on social networks when the Google domain name in Argentina could not work for nearly 3 hours and received a lot of criticism from users, according to MecroPress . Another Twitter user said that this problem arises because the NIC does not support domain auto-renewal. Google and NIC Argentina have yet to respond to the problem. Are Google search results still correct? Google’s search results are gradually dominated by too many ads, and also lead users to false information, fake brand.

Donald Trump Jr. and Kimberly Guilfoyle. In early March, Donald Trump Jr. – The son of former US President Donald Trump – and his girlfriend Kimberly Guilfoyle bought the villa valued at $ 19.9 million in 2017. Both bought a 1,000-square-foot property in Jupiter, Florida for only 9.7 million dollars. The new fortune of Donald Trump Jr. and girlfriend Kimberly Guilfoyle in beautiful Florida. This luxury villa is located in Admiral’s Cove in Jupiter, just 32km or 20 minutes drive north of Mar-a-Lago. This is also a close proximity to the home of the family of Donald Trump, Mrs. Melania and young son Barron. The villa area is up to 1000 square meters. The new home of Donald Trump Jr. make people overwhelmed by the luxury. The area of ​​this place is up to 1 thousand square meters with a natural park with lots of greenery, exquisite design, comfortable swimming pool, villa with up to 6 bedrooms, 11 bathrooms and luxurious furniture other. The tea room overlooks the swimming pool and the beautiful campus According to the media, the couple was eager to buy this villa, especially when it is a desirable place to stay at half the price of 4 years ago. Not only owns the mansion mentioned above, but the couple Donald Trump Jr. and Kimberly Guilfoyle also owns assets worth more than 300 million (recorded by Celebrity Net Worth ). They are an elite couple in America with a luxurious life that makes many people jealous. Pool outdoor. As a couple that many people love and expect to have a romantic wedding, but until now, Donald Trump Jr. and Kimberly Guilfoyle has not released any information regarding the date the two become officially married.

The investor of the BOT Binh Loi – BOT waterway project in Ho Chi Minh City, with a total investment of about 1,300 billion VND – would like to stop the project without collecting fees. The reason given is that due to capital and port problems, the project is unable to collect fees as originally planned, and has no source of payback, so it asks the state to buy back. Binh Loi railway bridge before being dismantled. Photo: VNN Looking at the above reasons, Mr. Tran Do Liem – Chairman of Vietnam Waterway Transport Team said that it is very not good. “The investor of the project is in a stuck position, unable to recover capital, so he wants to return the project, not the state to buy back,” said Liem. The jam of the project according to Mr. Liem’s ​​analysis is that there is no port for toll collection. “As analyzed by the investor, in order to payback for the project, ships must go from Binh Loi railway bridge to Ben Tuc port and vice versa, as such, a fee will be collected when the vehicle enters the ports of An Son, Ben. Cuc and Rach Bap (Binh Duong). However, at present, An Son port has been partially built, Rach Bap port has not yet invested, and Ben Tuc port is being abandoned so there is no port for toll collection. Moreover, the investor has to borrow capital for the project, the interest the bank is having, but the project does not have a port to collect fees … the investor is having a hard time, “Mr. Liem said. From the above story, Mr. Liem also raised the question: Why is a project worth trillion dong being invested but there is no specific plan, no plans to collect fees and payback but still can do it? Answering the question above, Mr. Liem said that the project is the result of “just ask for”, “just do and count”. This needs to look at the responsibilities of both sides, because the investor himself, when implementing the project, has to fully calculate the possible options, can not have anything done, can not collect. capital return, ask for repayment. Who will take responsibility? Sharing with the difficulties of the business, however, pointing out two reasons that the project implementation was wrong from the beginning, Mr. Liem emphasized the reason why the project management board had to apply for the project to return. by the “get it, take it up to it” mindset, very strange. “First of all, it must be repeated since the information that Binh Duong province has approved the BOT fee collection plan for the Saigon river channel (the section from Binh Loi iron bridge – Ho Chi Minh City to Ben Tuc port – Binh Duong) at the price 70 VND / ton / km I said that this fee is unreasonable, it was wrong to start the project to renovate and upgrade the Saigon river channel and build a new Binh Loi iron bridge and collect the payback fee in the first place. It is unreasonable for the transport companies to use only part of the function of this river channel but have to bear the full fee to pay the investors back. Furthermore, water transport companies only use the Saigon River channel to move vehicles to Ben Tuc port but have to pay a payback fee for the construction of the Binh Loi iron bridge. This is like upgrading, covering a section of the road and then blocking the toll collection route as in road BOT projects. Next, the approval of the project without taking into account the plan of exploitation and reimbursement to the investor is wrong from both the investor’s side and the state management agency. The thought of applying for a project with a project or obtaining a project has led to the current confusion. Looking at the mining potential, there is absolutely no future. Inland waterway toll collection is vague, there is no specific regulation or specific price level. In addition, the source of vehicles to Binh Loi iron bridge mainly comes from Dong Nai, not much, plus the high fees will cause vehicles to find other ways. The mindset of both project execution and calculation is very dangerous, and both the investor and the management agency must be responsible, “said Mr. Liem. With this project, Mr. Liem said that it was a “good thing” and could not be stopped anymore. Therefore, both sides have to sit together, remove difficulties, find solutions to put the project into operation. It is more important, according to Mr. Liem, to handle responsibilities seriously with individuals and organizations involved in this project. “Obviously there are signs of asking – giving, a project does not have enough conditions to exploit business, has no plan to collect fees, the ability to recover capital but still deployed is emotional, irresponsible. This must be considered, clarified, responsible, wrong, wrong one must handle. The handling of responsibility is to avoid asking for messing around, causing waste, frustration, “he said. Integrity emphasized.