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Do you remember the LIBOR scandal? The London Inter-Bank Offered Rate? https://www.cfr.org/backgrounder/understanding-libor-scandal https://www.theguardian.com/business/2017/jan/18/libor-scandal-the-bankers-who-fixed-the-worlds-most-important-number https://www.investopedia.com/terms/l/libor-scandal.asp http://www.bbc.com/news/business-19199683 The reason LIBOR is so important is that it is used as a "base rate" for a lot of unrelated loans and other monetary contracts. Base rate + 10 or 15% = your credit card or car loan rate, that sort of thing. Okay, not s
http://www.livemint.com/Politics/eIESUk9d5MKeH4ItrB0mGP/No-restrictions-on-H1B-visa-70-of-them-go-to-Indians-US.html No restrictions on H-1B visa, 70% of them go to Indians: US official US official seeks to allay India’s concerns on H-1B visa, says a record 1.2 million visas of Indians were adjudicated by the US last year >>>... The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise in specialised fields. Indian technology companies depend on it to hire tens of thousands
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