WARSAW (Reuters) - U.S. Treasury Secretary Janet Yellen on Monday drew parallels between the financial pressure that the United States and its allies are imposing on Russia to the efforts of a 1940s Treasury secretary to deny financial resources to Nazi Germany. Yellen, speaking at the POLIN Museum of the History of Polish Jews in Warsaw, said that in 1940 then-Treasury … [Read more...] about Yellen links Russia sanctions to 1940 U.S. asset freezes aimed at Nazis
Russia
Ukraine’s key IT sector booming despite Russian invasion
LVIV, Ukraine: Ukraine’s IT sector is booming despite the Russian invasion. Workers with stickers on their laptops recline on beach chairs outside a warehouse for startups in the west Ukraine city of Lviv giving off major Silicon Valley vibes. But the atmosphere inside is different. Through the glass doors of the complex, young Ukrainians zig-zag between stacks of … [Read more...] about Ukraine’s key IT sector booming despite Russian invasion
Peace through dialogue
“WHEN the Qing army is surrounding the fortress, how come you are trying to kill one another within?” The king is scolding his courtiers in exasperation as they call for punishing opponents in their argument over whether to make peace with the enemy and save their country or fight to the end and die gloriously. At a moment when their fate hangs by a thread, the court is … [Read more...] about Peace through dialogue
SME D Bank extends B2bn for tourism
The logo for SME Development Bank is seen at the entrance of its headquarters on Phaya Thai Road. Wichan Charoenkiatpakul The Small and Medium Enterprise Development Bank of Thailand (SME D Bank) has set aside loans worth around 2 billion baht for SMEs in the tourism sector to boost their liquidity, says president Nartnaree Rathapat. Ms Nartnaree said this "SMEs Re-Start" … [Read more...] about SME D Bank extends B2bn for tourism
Buffett’s Berkshire buys Citigroup and several other stocks, slashes Verizon
NEW YORK:Berkshire Hathaway Inc BRKa.N on Monday said it added new investments in Citigroup Inc C.N and several other companies in the first quarter, as Warren Buffett's conglomerate took advantage of volatile stock markets to invest $51.1 billion that had largely been sitting in cash. In a regulatory filing describing its U.S.-listed equity investments as of March 31, … [Read more...] about Buffett’s Berkshire buys Citigroup and several other stocks, slashes Verizon