These 4 things could trigger the next crisis in Europe – Credit Suisse
Credit Suisse has identified four crunch points that could bring about another crisis in Europe, Business Insider reported. In a ”Global Equity Strategy” note sent to clients, the investment bank says: ”Most U.S. clients believe there will be another flare-up of the European political/economic crisis.” The bank highlighted four key events that...
Bloomberg: Putin`s economy is stuck and he doesn`t know how to get it going
Vladimir Putin`s economy has been shrinking for 18 months but he still doesn`t have a plan to get it going again, according to Bloomberg. ”After focusing almost exclusively on foreign policy since early 2014, the need to get the economy back into gear is forcing the Russian president to face a painful choice: bow to the demands of the markets or...
Stratfor: In Ukraine, cycle of uncertainty churns on
Early parliamentary elections cannot be ruled out in Ukraine if progress on economic growth and political reforms continues to elude the country, and it may return it to Russia`s camp, according to Stratfor, the U.S.-based private intelligence company. ”Despite its fresh start, however, the new Ukrainian government faces many lingering...
Washington Post releases new article on Poroshenko`s offshore assets
Reports based on the Panama Papers suggest that the president of Ukraine attempted to use an offshore company for a pre-sale restructuring of his business. The authors` initial analysis suggests, though, that there is no direct evidence of major wrongdoing. ”The incident will, however, accelerate the public debate in Ukraine about its outdated...
Akhmetov still tops richest Ukrainians list, Poroshenko`s income $100 mln up
Ukrainian businessman Rinat Akhmetov has traditionally ranked first in the list of Ukraine`s top 100 richest people, with assets estimated at $2.3 billion, down $4.6 billion over the last year, according to Forbes Ukraine. The billionaire`s assets depleted due to a decrease in world prices of iron ore and metal. In addition, almost all his...