Its policies could exacerbate inflation in the country and result in ballooning public debt, prominent investor Ray Dalio warns The UK’s new cabinet is operating like the government of an emerging country, billionaire investor and the founder of Bridgewater Associates Ray Dalio wrote on Twitter on Tuesday.
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American lawmakers approved a bill allowing the confiscation of funds on Wednesday The “weaponization” of the US dollar through the seizure of frozen Russian assets could prompt a global shift away from the greenback, Bloomberg reported on Wednesday, citing a former International Monetary Fund (IMF) official.