Political troubles hammered Standard Chartered’s shares in London. The sell-off came after it was accused of banking transactions with Iran that violated US sanctions.
In the original Walt Disney cartoons, Donald Duck’s wealthy grandfather Scrooge had a slight Scottish accent. In 2012 he has become German – at least for a group of protesters calling for higher taxes for the rich in front of the chancellery in Berlin.
Under pressure to ‘Save the euro’ the European Central Bank is gearing up to buy Italian and Spanish government bonds on the open market – but not yet. ECB President Mario Draghi said it will only act after eurozone governments activate EU bailout funds to also buy bonds.
“We will do whatever it takes to save the euro and believe me it will be enough.” The words of European Central Bank president Mario Draghi last Thursday. Exactly one week on and he’s expected to unveil just what he thinks it does take when the ECB council meets.
In principle, hedge and mutual funds do the same – they carry out various investment and trade operation in the financial markets on behalf of private investors, buy and sell securities.
Realities of the modern stage and historical experience prove that the world`s being unipolar doesn`t promise long-term stability on an international scale.
The South Caucasus is a region historically known for its instability, largely because it has stood at the intersection of the zones of influence of first Byzantium and Iran, then the Ottoman Empire and Iran, and finally between Russia, Iran and Turkey.
What peace could mean for the South Caucasus
The South Caucasus is a region historically known for its instability, largely because it has stood at the intersection of the zones of influence of first Byzantium and Iran, then the Ottoman Empire and Iran, and finally between Russia, Iran and Turkey.
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