06-02-26 victor
in which Trump at one point yelled at Netanyahu, “What the f*** are you doing?”
:-))
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Trump tells Netanyahu he kept him out of jail, should be grateful on tense call - report
One source summarized part of Trump’s comments as “everybody hates you now. Everybody hates Israel because of this,” said the report by Axios.
US President Trump accused Prime Minister Benjamin Netanyahu of being the reason for global hatred of Israel in an angry call on Monday, Axios reported.
Earlier on Monday, Iran had threatened to stop negotiating with the US due to Israel’s action in Lebanon, prompting the call in which Trump at one point yelled at Netanyahu, “What the f*** are you doing?”
According to one US official, Trump felt that Netanyahu was reacting disproportionally to Hezbollah’s attacks on Israel. He objected to Israel destroying buildings to take out a single Hezbollah commander, and Israel’s threats against Beirut, Axios wrote.
Another source summarized part of Trump’s comments as “everybody hates you now. Everybody hates Israel because of this,” according to Axios.
Trump also accused Netanyahu of being ungrateful, with the source saying Trump claimed the prime minister would have been in prison if not for him.
Attacks on Beirut canceled
While Netanyahu released a statement after the call that Israel’s position “remains the same,” a US official told Axios that Trump had actually “steamrolled” Netanyahu.
"Bibi said, 'OK, OK, just make sure everything is taken care of,'" Axios quoted the official as saying.
Another official said that this was one of Trump’s worst calls with Netanyahu since the start of his second term.
After the call, Trump announced that Netanyahu had “turned his Troops around,” after he asked him “not to go into a major raid of Beirut,” in a post on Truth Social.
In another post, Trump wrote that talks were continuing “at a rapid pace” with Iran.
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06-02-26 amateur
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06-02-26 amateur
Dont lose your sleep about the AI bubble bursting. Everything will be fine.
Peter Thiel is movimg to Argentina. |
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06-01-26 savo
Daniel Mayakovski
@DaniMayakovski
"Hemos tomado 1.000 millones de dólares en criptomonedas de Irán, simplemente nos hemos apoderado de sus billeteras, muchos iraníes estarán escribiendo en redes sociales sin saber que les hemos robado sus billeteras".
Scott Bessent, Secretario del Tesoro de EEUU, se enorgullece de robar 1.000 millones en criptomonedas de Irán como si fuesen hackers y delincuentes cibernéticos.
Piratas Unidos con Trump ni siquiera tapan sus robos, son la mayor organizacion criminal del planeta.
https://x.com/danimayakovski/status/2061404485491011893 |
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06-01-26 victor
last line :-))
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Benjamin Netanyahu - בנימין נתניהו
Tonight, I spoke with President Trump and told him that if Hezbollah does not cease attacking our cities and citizens—Israel will attack terror targets in Beirut.
This stance of ours remains unchanged.
In parallel, the IDF will continue to operate as planned in southern Lebanon. |
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06-01-26 carib
ft
America’s profit machine seems extraordinary by historical and global standards. But look closer, and cracks appear. Rising government deficits explain a surprising share of recent US earnings growth. Moreover, the “profitless” dotcom era is a myth. Earnings growth is not dramatically stronger today than it was in the late 1990s.
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06-01-26 victor
well..
I had a very productive call with Prime Minister Bibi Netanyahu, of Israel, and there will be no Troops going to Beirut, and any Troops that are on their way, have already been turned back. Likewise, through highly placed Representatives, I had a very good call with Hezbollah, and they agreed that all shooting will stop — That Israel will not attack them, and they will not attack Israel. President DONALD J. TRUMP |
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06-01-26 carib
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06-01-26 leopardo
10k why not if we have a bit of patience.
I have the London GDR wich is quotes 5800
right now |
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06-01-26 carib
| Leo: Samsung target price? |
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06-01-26 leopardo
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06-01-26 carib
| Bought a toehold in SES (SES AI corp, NYSE).. hoping it will follow the path of AMPX (now 20x initial purchase price) |
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06-01-26 carib
| Victor: but Bibi might be a retiree this fall.. |
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06-01-26 victor
carib, seems to me that netanyahu gets to laugh last..
he does whatever he wants in lebanon, and dt appears to be in no position to tell him to stop. |
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06-01-26 spal
| At a cost of 69 cents ... I like |
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06-01-26 spal
The infra biz will theoretically trade at c. $5 June 24 (based on today's price) ... but probably more by then.
And is worth c. 11-12. |
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06-01-26 spal
Current shares trade at 11 ... this include c $6 payment June 24.
Thus ex-price is c. $5
Ex value is c. $11 again IMVHO
I am holding.
My cost base on a large position is now $6.73.
So I get the infra biz for c. 69 cents a share ... give or take. |
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06-01-26 spal
Pure-play infrastructure peers with regulated pipeline tolling and proprietary deep-water ports rarely trade below 7x–8x EBITDA, even with a Latin American geopolitical discount.
Conservative Valuation (7x EBITDA): $110M EBITDA $\times$ 7 = $770 million Fair EV.
FECCF ... Frontera has now closed there disposal of E&P assets to Parex ... shares now trade with payment attached of c.$6.03 per share to be paid June 24 (as a non taxable return of capital).
From here they are a pure play infra co ... with Puerto Bahia and 35% share of a pipeline (controlled by Ecopetrol).
Target Net Share Price: Dividends aside, the infrastructure business alone justifies an intrinsic equity value of roughly $10.50 to $11.50 per share based on institutional infrastructure multiples.
Conclusion: Yes, at a net price of ~5 (net of the USD c. 6.03 distribution June 24) ,the shares remain deeply undervalued.
Once Frontera begins reporting as a clean, high-margin, pure-play infrastructure company with zero E&P capital expenditure drag, the market is highly likely to re-rate the stock closer to standard midstream multiples.
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06-01-26 carib
Victor: If Iran is actually forced to abandon any present and future nuclear development.. and hormuz re-opens for good..chapeau to DT.
If Iran cheats as always, and DT declares defeat to be victory..
quite bad outcome.
We can wait, leaving in the meantime the benefit of the doubt.
Meawhile, Israel pounces on Hamas remainders and Hetzbollah.. |
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06-01-26 spal
MU above 1.000$ a share..
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Yes and still well within current analyst targets.
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06-01-26 victor
Seyed Abbas Araghchi
For Urgent Attention:
A ceasefire between Iran and the United States constitutes, without any ambiguity, a comprehensive ceasefire across all fronts, including Lebanon.
Any violation of this ceasefire on one front shall be considered a violation of it across all fronts.
The United States and Israel bear responsibility for the consequences of any breach of the truce. |
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06-01-26 victor
carib, dt posted this 9 hours ago :-))
Iran really wants to make a deal, and it will be a good one for the U.S.A. and those that are with us. But don’t the Dumocrats, and various seemingly unpatriotic Republicans, understand that it is MUCH tougher for me to properly do my job and negotiate, when political hacks keep negatively “chirping,” at levels never seen before, over and over again, that I should move faster, or move slower, or go to war, or not go to war, or whatever. Just sit back and relax, it will all work out well in the end - It always does! President DJT |
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06-01-26 panasonic
Savo, your buddy sells some btc
https://finance.yahoo.com/markets/crypto/articles/michael-saylor-strategy-sells-32-122554651.html |
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06-01-26 carib
| Iran has called an immediate halt to its talks with the United States over Israel's military activity in Lebanon, the Islamic Revolutionary Guard Corps-affiliated Tasnim News Agency reported on Monday. |
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06-01-26 carib
| Samsung el 350.000 won... |
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06-01-26 carib
Savo: Ireland always had a non-dom regime..I guess just because it was part of the UK when Pitt the young introduced the regime in 1799. Same goes for former colonies like Malta, Cyprus, Barbados, etc.
For "a foothold in the EU".. I maintain my opinion than Luxembourg is the right base.. |
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06-01-26 carib
| Panas: I understand, and that is very reasonable indeed.. |
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06-01-26 carib
| MU above 1.000$ a share.. |
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06-01-26 spal
| Credit has a habit of disintegrating at times. |
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06-01-26 spal
there is not enough money available in the world to finance this spending binge
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Money IS credit ... so there is ... but credit can be of varied qualities ... that is all. |
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06-01-26 savo
| https://x.com/0xsammy/status/2061341557035348458 |
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06-01-26 savo
spal... more on the matter
i am not capable of understanding the details of this.. but it looks as sales are being inflated
which is in line with the logic of all these... there is not enough money available in the world to finance this spending binge..
but wall street and the NVIDIAs need to keep the music playing. |
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06-01-26 panasonic
Carib, no need in my case...I spend my few research daily hours reading abt. my core interest, aka AI and related.
Tax wise, my decision is very simple: living near my grandkids, that is where money I've made is best spent and applies only "to me".
Family-wise we already discussed, wealth tax is a no go! but won't move before facts, what else can I add that has not been said?
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06-01-26 savo
liar liar
Just a few hours after President Trump boasted that the US Navy had detonated "numerous" Iranian sea mines, NBC News reported that, even after three months of warfare, the US military has yet to confirm the presence of even a single mine in the strategically critical Strait of Hormuz.
Citing two US officials and a "person familiar with the matter," NBC said relentless searches of the waterway by aerial and undersea drones haven't found any confirmed mines, merely finding some objects that might be mines. “If anything, the threat has been far less robust than we had feared,” the person "familiar with the matter" told NBC.
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06-01-26 savo
carib...we knew about Barbados.. Ireland is new to me in this aspect...
gifts, inheritance... i do not expect any...my parents are gone ...my wife's already gifted.
In any case.. it is an option to add to the list if one wishes to have a tax base in the EU.
Remember I was asking for a plain vanilla non-dom regime with no stings attached... well... here it is... together with the cold and the rain..but if a few weeks per annum does the trick... it looks solid to me. |
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06-01-26 spal
| Savo - note that the initial Colossus cluster (Musk / X-Ai) was rented to Anthropic ... does not fully neutralize Burry, but shows money is flowing. |
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06-01-26 carib
Panas: of course one must pay to read FT, WSJ, Bloomberg, etc.
such is life.
The FT articles reports about wealthy UK residents who have not yet left considering doing so in droves in fear of new labor leadership opting for wealth tax.
Those who left high tax jurisdictions long time ago just relaxing. |
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06-01-26 carib
| In Barbados, resident non-domiciled individuals are not required to disclose or report their global foreign assets.Because Barbados operates on a remittance basis, foreign income and assets are strictly private as long as the funds remain outside the country. You are only subject to local taxes on foreign income if that income is remitted to (or benefits) Barbados. |
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06-01-26 carib
Barbados does not impose a gift tax, regardless of your residency or domicile status.
Both residents and non-domiciled individuals can give or receive gifts without incurring local gift taxes.
While there are no specific gift, estate, or inheritance taxes in Barbados, keep in mind:Income & Remittance: If you are a tax resident, non-domiciled status means you generally only pay income tax on Barbados-sourced income and any foreign income remitted (brought) to the island.
Purely unremitted foreign gifts are usually not subject to taxation. |
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06-01-26 carib
Savo: that is the standard way a remittance basis system works.
I much prefer Barbados to Ireland as a non-dom taxation jurisdiction, starting from the weather.. |
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06-01-26 panasonic
Hassabis delivers good news
Https://www.google.com/amp/s/timesofindia.indiatimes.com/technology/tech-news/google-ai-ceo-demis-hassabis-has-a-message-for-laid-off-engineers-at-meta-amazon-block-and-other-companies-i-have-a-million-ideas-i-would-love-to-have-some-free-engineers-to-go-and/amp_articleshow/131434059.cms |
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06-01-26 savo
carib.. these guys explain it well
Remittance 101: How It Works (and How It Can Trip You Up)
Under Ireland’s remittance basis of tax, those who are residents but not domiciled in Ireland will generally be taxed on:
Irish-sourced income: Just like any other Irish tax resident.
Foreign income or gains: This is only taxed if the income or proceeds are remitted (brought) into Ireland.
This means that if you have income from abroad, you don’t necessarily have to pay Irish tax on it unless you bring it into Ireland. If you are keeping your foreign income abroad, you are likely in the clear for Irish tax, at least for now.
For example, if you purchase a holiday home in Spain before moving to Ireland and later sell it, the profits from the sale of that property might only be taxed in Ireland if the proceeds are brought into Ireland.
How Does the Remittance Work?
Remittance doesn’t just apply when foreign income is brought into Ireland. Even if foreign funds come into Ireland via indirect routes, like transferring money to cover Irish living expenses (think: credit card payments or paying rent), those funds count as a remittance and may be subject to Irish tax.
The key takeaway: only remitted foreign income is taxed. A remittance of income earned before 1 January in the year you became tax resident in Ireland should be regarded as a remittance of capital and therefore is not liable to Irish Income tax.
However, the way remittances are treated can get a little tricky when you’re dealing with accounts that hold both capital and income (often referred to as a "mixed fund").
Mixed Fund Accounts and Tax Implications
When remittances come from an account that includes both capital (money that you accumulated before becoming an Irish tax resident) and income (money earned after becoming a tax resident), Irish Revenue will assume the money is coming from the income element first. This could mean that part of your remittance is taxable, even if some of the money is capital you accumulated before your move.
To avoid this, it's highly recommended to keep capital and income in separate foreign bank accounts. This ensures that any money you bring into Ireland from your capital funds is not liable to Irish tax.
How to Make the Remittance Basis Work for You
If you are not Irish-domiciled, before you make the move to Ireland, here are a few steps to take to reduce your exposure to Irish taxation and enjoy the benefits of the remittance basis of the system:
Separate Your Capital from Your Income: Before you become an Irish tax resident, move your capital (i.e., wealth accumulated before moving) into a separate, designated bank account or investment account. This way, you can bring these funds into Ireland free of tax.
Keep Income and Capital in Different Bank Accounts: Arrange for any income paid on the capital account to be credited to a separate bank account so that remittances can be made to Ireland from the capital account free of tax as remittance from mixed accounts will be assumed to be from the income portion first and therefore may be liable to Irish income tax.
Review Your Investments: Some foreign investments might not qualify for the remittance basis of tax. It is worth reviewing your portfolio to make sure your assets are structured in the most tax-efficient way.
Consider methods to finance expenditure in Ireland: By evaluating future income streams and spending demands, the best way to finance spending in Ireland is usually to combine remitting capital (funds accumulated before becoming Irish tax resident) with foreign income (which is taxable if remitted to Ireland but if remitted at a lower level may be covered by personal allowances or taxed as low rates). It is generally preferable to bring in a small amount of income and a small amount of capital each year as opposed to living solely from capital funds for the first few years if the intention is to stay in Ireland for the long term, as the remittance of significant amounts of income in later years once the capital funds have been exhausted, may result in higher income tax liabilities.
Consider Gifting Assets: If you are thinking about gifting foreign assets to family members, doing so before you become an Irish tax resident (or within the first five years) may keep the gift outside the charge to Irish Gift Tax.
Currency Conversion: Don’t forget that exchange rates can affect the value of your remittances.
https://www.taxkey.ie/post/relocating-to-ireland-tax |
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06-01-26 panasonic
Recorded a cnbc interview with someone that says job market won't suffer a collapse, I had to go, so will watch it later.
To me, all goes down to how hard will be to find sources of income, no crisis no problem. |
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06-01-26 savo
carib.. I guess there is an easier and perfectly legal solution: remit a significant amount (say 1MM €) BEFORE taking up residence
that may not be necessary as:
Cash and capital acquired in bank accounts before you became an Irish tax resident can be brought into Ireland at any time completely tax-free.
AI
Crucial Conditions for Tax-Free Transfer
Pre-Residency Origin: The funds must have been earned or acquired before January 1 of the tax year you became an Irish resident
Avoid Mixed Accounts: If you blend pre-residency capital with post-residency income or capital gains in the same account, the Irish Revenue enforces strict ordering rules. Any money you bring into Ireland is automatically deemed to come from the taxable income portion first
Documentation: You must maintain detailed records and documentation to prove to the Irish Revenue that the funds being transferred are indeed pre-residency capital
Because the remittance basis of taxation and the definition of "clean capital" are highly complex, it is strongly advised to consult an Irish-qualified tax professional to properly structure your accounts before you trigger your Irish tax residency |
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06-01-26 panasonic
| Tks Carib, FT has a paywall, UK reviving wealth tax? |
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06-01-26 carib
Panas:
https://www.ft.com/content/0194916f-c741-417d-94c8-b87aa437aee2?utm_source=chatgpt.com&syn-25a6b1a6=1
precisely as you were discussing during the week-end: the issue is moving out, for laggards.. |
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06-01-26 pillz
Nvidia Enters Windows Laptop Market, Taking On Intel and AMD
Nvidia is taking another run at the personal computer processor market after being part of an effort that fizzled out over a decade ago. |
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06-01-26 carib
| Savo: I suppose that is correct, about Ireland and elsewhere. Of course, there is CRS reporting, so if money is flowing out of reportable foreign accounts they see it, and can ask for documentation. Obviously one can use corporate credit cards debited to unreportable entity accounts.But if one plans to actually spend little time there, I guess there is an easier and perfectly legal solution: remit a significant amount (say 1MM €) BEFORE taking up residence, duly pay taxes on the interest of such amount, and deplete slowly the capital to fund local expenses. On the top of that, actually remit a small annual sum for decency. |
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