Amrita Ahuja news,Aboriginal and Torres Straight Islanders in Australia, UBS takeover Credit Suisse?

1.Who is Amrita Ahuja ? : She is the CFO of Jack Dorsey’s firm Block Inc. She is the main accused in Hindenburg report . She is Indian origin CFO of Block Inc accused of dumping millions of dollar in the company stock .Hindenburg report stated  the firm overstated user numbers and under stated customer acquisitions cost . She has 22 years of experience and worked in companies like Morgan Stanley, Fox Networks Group and McKinsey & company .She was Chief Financial Officer earlier in Block Inc and then became its Chief Operating officer . She is the daughter of an Indian Immigrant . 

2. Aboriginal and Torres Strait Islanders  in Australia : Australia is seeking to give recognition to Aboriginal people who inhabited Australia 60 thousand years ago. They are not mentioned in Australian constitution .Australian Prime Minister Anthony Albanese promised to bring a referandum to recognise Aboriginal and Torres strait Islanders to give them permanent representation in the government . So that the interest of Indigenous people would be addressed . These Indigenous people over represented on shorter life expectancy,higher rates of child removals ,suicides ,and community and family violence . An emotional Australian PM urged voters to support the voice of Aboriginal.

3. UBS may takeover credit Suisse : UBS group AG may takeover parts are all of credit Sussie group AG in an effort to restore trust in banking system . It may impact 4000 jobs in india . The resulting Mega bank may create compettion issues UBS and credits Suisse are among the 30 banks which are ‘too big to fail .’ lot of uncertainty in Swiss financial system and Swiss economy ., not only Switzerland but also may trigger bigger ,larger , global , financial ,crisis . Now a days lot of banks are in crisis due to problems in cryptocurrency ,Ukrine war and intrest rate hike. Earlier, Silicon Valley Bank failed due to intrest rate hike and many banks are expcted to fail due to further expected intrest rate hike.