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Major US banks account for 20% of debts in Glencore
The major banks from the US have exposure to the debt of ailing commodity giant Glencore Plc. Bank of America, Citigroup, JPMorgan Chase and Morgan Stanley have reportedly lent $350million apiece to Glencore. North American banks contributed 20percent of the total loan exposure of Glencore. The ongoing slump in commodities market adversely impacted the Swiss-based Glencore's performance. This indicates potential alarming situation for the American banks if embattled Glencore slips into a liquidity crisis. Glencore is engaged in commodity trading and mining activities.
2015 Nobel Prize in Medicine awarded to 3 scientists for drug discoveries from nature
Discovering antidotes and treatments from common to deadly diseases is a major breakthrough. Thanks to these three scientists who found a cure to get rid of parasitic diseases that has been a plague to mankind for centuries.
Age does really matter in achieving financial success
Whether it's for an emergency fund, a college education, or a comfortable retirement, it's important to have savings. It's a crucial step in taking control of your financial life and can even have positive effects to other areas such as your emotional and physical wellbeing.
'Orange is the New Black' Season 4 Updates: Caitlyn Jenner's cameo shelved, Jolene Purdy's role officially booked; Alex to return with a vengeance?
Will OITNB's fourth season finally have Caitlyn on board and resolve Alex's cliffhanger from last season?




