Brussels, Moscow, London, New York Despite the efforts of the Europeans, the chance of a peaceful solution to the conflict with Russia over Ukraine is dwindling. Russian President Vladimir Putin has recognized the self-proclaimed People’s Republics of Donetsk and Luhansk in eastern Ukraine as independent states. The Kremlin chief signed a corresponding decree on Monday … Read more
Tim Leissner (middle) 44 million dollars (39 million euros) were confiscated from the ex-Southeast Asia boss. (Foto: Bloomberg) New York It was an explosive statement: Executives at the major US bank Goldman Sachs are said to have known that the dubious financier Jho Low was involved in transactions with the plundered Malaysian sovereign wealth fund 1MDB. … Read more
According to a law firm in the USA, the Swiss bank Credit Suisse has agreed to pay 81 million dollars after allegations of unfair collusion. In addition, the bank is committed to helping the plaintiffs in the proceedings against other financial institutions accused of the matter, said the law firm Cohen Milstein Sellers & Toll. … Read more
Goldman Sachs, a major US investment banker, forecasts The Federal Reserve will raise interest rates five times in 2022, compared with previous forecasts of four rate hikes, with the first rate hike likely in March. Economists decided to revise their forecasts for interest rate hikes. The Fed said on Wednesday Jan. 26 that it was … Read more
Annalena Baerbock The foreign minister has announced an office for “hydrogen diplomacy” in the Ukrainian capital. (Photo: Archyde.com) Foreign Minister Annalena Baerbock tried last week to send German support to the beleaguered Ukraine. Germany will soon set up an office for “hydrogen diplomacy” in the Ukrainian capital. As irrelevant as this promise is in view … Read more
The Dow Jones Industrial Average fell more than 500 points after Goldman Sachs reported disappointing results. While US government bond yields rose At 9:39 p.m. Thai time, the Dow Jones Industrial Average was 35,377.26, down 534.55 or 1.49%. Goldman Sachs shares fell nearly 4% after it said The bank’s profit declined in 4Q21, below analysts’ … Read more
Dax curve The leading German index had reached several new record highs in the last stock market year. (Foto: Bloomberg Creative/Getty Images [M]) Düsseldorf The 16,000 mark seems to be a difficult hurdle for the leading German index, even if the Dax is up at the start of the week. The stock exchange barometer was listed … Read more
New York, Washington Joe Biden tries to create a good mood. “America is fortunate that our economy is growing one of the fastest in the world,” said the US President this week. “We will manage to cope with price increases and maintain a strong, sustained upswing. That is my goal and I focus on achieving … Read more