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Lavrov proposed turning all of Ukraine into a “buffer zone”

Russian Foreign Minister Sergey Lavrov suggested that Ukraine become a “buffer zone” once the conflict ends. This was his response to a question about guarantees that hostilities would not resume in 25 years.

Politics

Frank Elderson: Fireside chat

European banks are doing much better than they used to. Their profitability has caught up with that of US banks since the pandemic, and cost-to-income ratios in the EU are now better than in the United States. Asset qua…

Politics

Canada 10-year yield rises as oil surge fuels inflation worries

Wall Street closed lower on Monday, dragged down by retail and communications stocks. Concerns around overvaluation of AI-related stocks and rising oil prices because of continued Middle East tensions weighed on investo…

Politics

Ozon Bank has begun offering auto loans

Ozon Bank (a subsidiary of the Ozon marketplace) has launched a pilot program to offer auto loans. The project is currently available to a select group of customers, the bank told Interfax.

Politics

Asia stocks waver as yen surges, Iran warns of retaliation

SINGAPORE – A surge in the Japanese yen and mixed economic data sent Asian stocks lower on Sept 8, while fresh Iranian threats in the Gulf drove commodity prices and Treasury bond yields higher.