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[ad_1] Press play to listen to this article Voiced by artificial intelligence. AMSTERDAM — The world’s financial system needs a “massive adjustment” to cope with higher interest rates, and key rules will have to be revisited, according to a top global regulator. Klaas Knot, chair of the Financial Stability Board, an international standard-setting body, told…
[ad_1] KYIV — From the glass cage in a Kyiv courtroom, Roman Dudin professed his innocence loudly. And he fumed at the unusual decision to prevent a handful of journalists from asking him questions during a break in the hearing. The former Kharkiv security chief is facing charges of treason and deserting his post, allegations he and his…
[ad_1] Swiss prosecutors have opened an investigation into possible illegal activity in connection with government support for UBS’s rushed takeover of Credit Suisse. The two banks agreed to merge in March as part of an emergency deal targeted at avoiding a national financial crisis that could have had a knock-on effect globally. “The Federal Prosecutor’s…
[ad_1] Russian President Vladimir Putin taking on the rotating monthly presidency of the 15-member United Nations Security Council came just after a young boy was killed by artillery launched by Moscow’s invading forces, Ukrainian President Volodymyr Zelenskyy said late Saturday. “Unfortunately, we … have news that is obviously absurd and destructive,” Zelenskyy said in his…
[ad_1] Press play to listen to this article Voiced by artificial intelligence. It’s a question worthy of a great TV detective: can streamers like Netflix still guarantee a certain proportion of European content if the goalposts are suddenly moved to exclude hits like Sherlock and Doctor Who? They may soon have to, as the European…
[ad_1] FRANKFURT — Swiss banking giant UBS will buy the country’s second-largest bank Credit Suisse in a deal that will come as a relief to financial markets in Europe and across the world. UBS said in a statement that the total price is 3 billion Swiss francs, or about $3.25 billion, in UBS shares. The…
[ad_1] SRINAGAR: After a hiatus of seven years, film maker Karan Johar is all set to shoot the last pending romantic song of his movie Rocky Aur Rani Ki Prem Kahani, in the snow clad mountains of Kashmir. Directed by Karan Johar, the epic love story stars Alia Bhatt and Ranveer Singh in the lead…
[ad_1] Foreign Minister Cassis: government will allow re-exports if Parliament amends the law Swiss Foreign Minister Ignazio Cassis said that if the parliament changes the law on the export of military equipment, the country’s government should allow the re-export of weapons to Ukraine. His words lead RIA News. Now the Swiss parliament is studying the…
[ad_1] Press play to listen to this article Voiced by artificial intelligence. LONDON — Joe Biden’s “protectionist” Inflation Reduction Act won’t help the U.S. counter the rise of China and could create a “single point of failure” in key supply chains, Britain’s trade chief Kemi Badenoch warned. Speaking at a POLITICO event Tuesday night, Badenoch…
[ad_1] Press play to listen to this article Voiced by artificial intelligence. BERLIN — In an earlier life as a reporter in Moscow, I once knocked on the door of an apartment listed as the home address of the boss of company that, our year-long investigation showed, was involved in an elaborate scheme to siphon billions…