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In the 1920s, Charles Ponzi carried out this scheme and became well known throughout the United States because of the huge amount of money that he took in. His original scheme was based on the legitimate arbitrage of international reply coupons for postage stamps, but he soon began diverting new investors' money to make payments to earlier ...
The net foreign assets of the financial corporations and the Pension Fund amount to well over 50% of GDP. Moreover, the banking system in Kosovo seems very sound. For the banking system as a whole, the Tier One Capital Ratio as of January 2012 was 17.5%, double the ratio required in the EU; the proportion of non-performing loans was 5.9%, well ...
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Males constituted 50% of the population and females 50%. Sagara had an average literacy rate of 79%, higher than the national average of 59.5%: male literacy was 82%, and female literacy was 75%. In Sagar, 11% of the population was under 6 years of age. At the 2011 census its population exceeded 54,550. Transport By Road
The temperatures in the Kazakh SSR would drop anywhere from −50 °C (−58 °F) during winter and then hit up to 50 °C (122 °F) during summer. They travelled in wagons that were locked from the outside, without light or water, during winter. Trains would stop and open the wagons only occasionally to bury the dead in the snow.
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