Benjamin Black, son of private equity billionaire Leon Black, has been nominated by President Trump to lead the U.S. International Development Finance Corporation, aiming to shift towards a more “pro-market” approach in allocating U.S.A.I.D.’s budget of $40 billion. Black advocates for investments that benefit American interests, criticizing U.S.A.I.D.’s past focus on humanitarian concerns. His background in finance and connections to Wall Street could help attract private equity firms and international investors to participate in the agency’s deals, signaling a potential shift in American foreign policy towards a more investment-driven model.
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Is an XRP Pullback on the Horizon? Here's What Investors Need to Know.
XRP (CRYPTO: XRP) experienced a notable 43% gain over 30 days ending July 29, but seasoned investors anticipate a pullback is inevitable, questioning its timing and depth. Key factors may soon trigger this correction, though past dips in XRP often appear as opportunities rather than failures, suggesting underlying strength in its long-term investment thesis. Want More Context? 🔎
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