Latest news with #ForbesSummit
Reuters
2 days ago
- Business
- Reuters
Citadel CEO worried by rising cost of US default insurance
NEW YORK, June 5 (Reuters) - Citadel's founder and CEO Ken Griffin said on Thursday it is "unfathomable" that a financial instrument to protect against an eventual U.S. default is being priced at levels close to some European countries. "I never thought in my life I would see the U.S. priced higher in risk cost than a number of countries like Spain, Germany or France," he said at the Forbes Iconoclast Summit. "You gotta be kidding me." Griffin said the credit default swap (CDS) market has some issues with liquidity which impact prices, but still he considered that conversations around how close the swaps are trading are "unfathomable." Spreads on U.S. five-year CDS - market-based gauges of the risk of a sovereign default – stood at 48 basis points on Thursday, compared to 50 bps for Italy, 32 bps for Spain and 35 bps for France, S&P Global Market Intelligence data showed. U.S. sovereign CDS spreads widened to their highest since the debt ceiling crisis of 2023 in recent weeks. The move in the spreads of U.S. credit default swaps comes amid concerns around the country's fiscal deficit and negotiations over a tax bill that is estimated to add more than $2 trillion to the U.S. debt. Griffin did not specifically comment on the bill, but criticized the U.S. fiscal deficit. "The United States' fiscal house is not in order. You cannot run deficits of six or 7% at full employment after years of growth. That's just fiscally irresponsible," he said.
Time of India
24-04-2025
- Entertainment
- Time of India
Deepika Padukone once recalled being locked in the store room by dad Prakash Padukone when she misbehaved: 'He would switch the light'
Deepika Padukone, currently enjoying motherhood, recently reminisced about her childhood on The Kapil Sharma Show. She shared a story about her father, Prakash Padukone's, strict parenting style, which involved a dark store room punishment for misbehavior. Balancing motherhood and career, Deepika was last seen in Singham Again and Kalki 2898 AD, and is expected to appear in Tiger Vs Pathaan. Deepika Padukone , who is currently on a break from the spotlight after embracing motherhood , recently made headlines as an old video of her from The Kapil Sharma Show went viral. In the video, the actress opened up about her childhood and shared a funny yet strict parenting moment from her father, badminton legend Prakash Padukone . A Strict but Loving Childhood Memory While speaking with Kapil Sharma, Deepika Padukone recalled how her father, Prakash Padukone, would handle her childhood mischief. She shared that in their old apartment, misbehaving or skipping homework would lead to a strict punishment—being locked inside a dark store room, with the light switch placed outside, completely under her father's control. Embracing Motherhood Deepika Padukone and Ranveer Singh welcomed their daughter, Dua, in September last year. Since becoming a mother, Deepika has mentioned in various interviews that parenthood will likely influence her choice of roles. She also shared that she's learning to strike a balance between spending time with her daughter and managing her work commitments. Relatable New Mom Moments At the Forbes Summit in Abu Dhabi this March, Deepika Padukone opened up about her journey as a new mom. She shared how, like many first-time mothers, she often turns to Google with parenting questions. During the event, she also reflected on advice from her father, who reminded her that above all achievements, people remember you for the kind of person you are—a thought that deeply influences how she approaches both life and career. On the work front, Deepika Padukone was last seen in Singham Again and the sci-fi epic Kalki 2989 AD. As she eases into her new role as a mother, the actress is expected to return to the big screen with the much-anticipated action film Tiger Vs Pathaan.
Indian Express
24-04-2025
- Entertainment
- Indian Express
When Deepika Padukone said she was locked in the store room by dad Prakash Padukone when she misbehaved: ‘He would switch off the light'
Actress Deepika Padukone has been away from the limelight for some time now. The actress who recently embraced motherhood has yet to return to the sets. Recently, we came across a video of Deepika on the Kapil Sharma Show where the actress spoke about how she was punished as a child if she ever misbehaved. The Jawan actress recalled being locked inside a store room as a child. Talking to Kapil, Deepika had said, 'The apartment we used to stay in earlier has a long kitchen space, and there was also a store room. So whenever I misbehaved with my parents or didn't do my homework properly, I was locked inside the store room. The light switch for it was outside, so my father would lock me inside and switch off the light.' View this post on Instagram A post shared by दीपिका पादुकोण (@deepikapadukone) Deepika Padukone and Ranveer Singh 's daughter Dua was born in September last year. Talking about embracing motherhood, Deepika had earlier said in several interviews that being a parent now would subconsciously influence the kind of films and roles she takes on. She also spoke about balancing between her daughter and her professional commitments and showed she was figuring out a way. View this post on Instagram A post shared by दीपिका पादुकोण (@deepikapadukone) In March, when Deepika had also attended the Forbes Summit in Abu Dhabi, she had spoken about her daughter and revealed how she also googled questions about children like every new mother does. At that event, Deepika had also spoken about her father and said, 'My father told me that whatever you do, people remember you for the human being that you were. So, for me, whatever I do, I want to be remembered for the human being that I was.' On the work front, Deepika was last seen in Singham Again and Kalki 2989 AD. Now, once Deepika settles in with her new role as a mother, the actress will be seen in Tiger Vs Pathaan.
