A T FIRST GLANCE, it did no longer value that diverse from other sanctions. On November 21st The US’s Treasury Department imposed original restrictions on greater than four dozen Russian banks, alongside side Gazprombank, the monetary arm of the massive recount fuel firm. The monetary institution, the most essential in Russia no longer already area

W ho is Huohuade Lutenike? The Chinese rendering of Howard Lutnick, the billionaire nominee to lead The united states’s commerce department, is now not well identified in China. But he would possibly pause up shaping The united states’s alternate insurance policies. Since Donald Trump launched his pick, Chinese investors and protection-watchers accumulate scrambled for facts.

W ho is Huohuade Lutenike? The Chinese language rendering of Howard Lutnick, the billionaire nominee to handbook The US’s commerce division, is now not neatly identified in China. But he would possibly well well simply conclude up shaping The US’s alternate insurance policies. Since Donald Trump introduced his decide, Chinese language merchants and policy-watchers possess

A T FIRST GLANCE, it did not look that different from other sanctions. On November 21st America’s Treasury Department imposed new restrictions on more than four dozen Russian banks, including Gazprombank, the financial arm of the giant state gas firm. The bank, the largest in Russia not already subject to American sanctions, had been excluded

W ho is Huohuade Lutenike? The Chinese rendering of Howard Lutnick, the billionaire nominee to lead America’s commerce department, is not well known in China. But he may end up shaping America’s trade policies. Since Donald Trump announced his pick, Chinese investors and policy-watchers have scrambled for information. More than anything they want to know

Nov 28th 2024 | Washington, DC D onald Trump delights in projecting strength, meaning he loves America’s armed forces. During his first term, the president-elect signed legislation to spend more on defence, before proclaiming that he had “accomplished the military”. On the campaign trail, he doubled down, vowing further increases in defence spending and promising

Nov 28th 2024 C redit investors often talk in euphemisms. The safest bonds, with the highest credit ratings and hence the lowest yields, are almost always referred to as “high-grade” rather than “low-yield”. Conversely, the riskier stuff, where defaults are more likely, is politely dubbed “high-yield” rather than “low-grade”. Recently, though, the yield on supposedly

Nov 28th 2024 | Hong Kong L uxury homes high on the Peak, a verdant mountain towering over Hong Kong, have long been above the cares and concerns of the rest of the city: residents look down from sprawling mansions onto the dense knot of tower blocks in which most people live. But recent property

A t this time of year, as they await their Christmas bonuses, people on Wall Street ponder their worth. Two questions can sharpen the mind of even the most senior employee. Imagine first accepting a position in Donald Trump’s new administration. How great a financial loss would your employer suffer? Before Mr Trump picked Scott

W hen is black Friday? The obvious answer is a literal one. It is the day after Thanksgiving, an American holiday when families gather to gorge on turkey and pumpkin pie, which this year falls on November 29th. Yet Black Friday is not simply a date, it is also an idea. The day traditionally marked