Russian Ruble Denominated Mortgage Holders Cry Foul Over Soaring Rates

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Russian foreign currency mortgage holders cry foul over soaring rates

The collapse of Russia’s rouble has triggered protests by people trapped in dollar-dominated mortgages. On Sunday, members of the Russian Foreign Currency Borrowers’ Community appeared among crowds in Moscow’s Red Square wearing t-shirts emblazoned with the phrase “Slave of foreign currency mortgage.” Police detained dozens of demonstrators who called on the government to act. “They will…

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ASML Stock Plunges Despite Q2 Beat - What Now?

Aman Jain3 hours

Global chip stocks have collectively suffered this week amid rising geopolitical tensions Dutch chipmaker ASML Holdings' (AMS: ASML) stock fell more than 10% Wednesday despite Q2 earnings and sales that...