Word: bankes
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...Navalny's most significant investigation to date was into the alleged embezzlement of $150 million by officials at a subsidiary of the state-owned bank VTB following the company's purchase of 30 Chinese oil rigs in 2007. His report electrified Russian Netizens when he published it on his blog in November. Authorities initially declined to open a criminal investigation into the deal, saying there were insufficient grounds to do so, but last month Moscow prosecutors sent the case back to the police for further review, which is ongoing. For Navalny, forcing his opponents into a dialogue is often victory...
...mildly - in our interests, and we put our head in the sand." Europe "happily decides," Caracciolo says, that Afghanistan, Iran, are American affairs. "Any major crisis is something that is analyzed abroad. We are not up to the responsibilities of the time." (Read: "Protecting Europe's Bank Data: U.S. Access Denied...
...prefers China to be like Japan: economically powerful and politically cooperative but strategically dormant and militarily inhibited. Knowing that this was never realistic, the second best outcome for Washington - captured succinctly in a 2005 speech by the then U.S. Deputy Secretary of State and current World Bank president Robert Zoellick - would be for China to demonstrate it is a "responsible stakeholder." America would ensure that China benefits from the global system of international rules and laws developed since World War II and institutions like the World Trade Organization. In return, having acquired a stake in this system, China would realize...
...global. Athens needs to lure foreign investors aggressively, which means everything from offering tax breaks to helping investors navigate the bureaucracy associated with setting up shop. "We must transform Greece into a welcome place to do business," says Nikolaos Karamouzis, deputy CEO of Eurobank EFG, an Athens-based bank with $84 billion in assets in 10 countries...
While the weather in Cambridge took a turn for the warmer this weekend, members of the Harvard nordic ski team headed north to Rangeley, Maine for one last race in the snow—a 50k-freestyle race at TD Bank Rangeley Lake Loppet...