GENEVA, (MILLAT ONLINE/APP/AFP) – Credit Suisse offices in Paris, London and Amsterdam have received “visits” from local authorities, the bank said Friday, amid reports that the offices had been raided as part of tax fraud probes. “On March 30, 2017, Credit Suisse offices in London, Paris and Amsterdam were contacted by local authorities concerning client […]
International News
Credit Suisse European offices ‘visited’ by tax authorities
-
Tillerson denounces ‘Russian aggression in Ukraine’
BRUSSELS, (MILLAT ONLINE/APP/AFP) – US Secretary of State Rex Tillerson said Friday he would hold talks with NATO allies about “Russia’s aggression in Ukraine”, signalling a tougher stance toward Moscow from the Trump administration. “We want to have a discussion around NATO’s posture in Europe, most particularly in eastern Europe in response to Russia’s aggression […]
-
Spain PM urges democracy in Venezuela after court ‘coup’
MADRID, (MILLAT ONLINE/APP/AFP): Spanish Prime Minister Mariano Rajoy warned Friday that democracy could break down in Venezuela, joining other international leaders in condemning the country’s Supreme Court seizing power from the opposition-led legislature. The court’s move tightened socialist President Nicolas Maduro’s grip after more than a year in which he has been locked in a […]
-
Germany protests US steel duties against seven countries
BERLIN, (MILLAT ONLINE/APP/AFP) – Berlin angrily protested Friday after the United States said it would slap punitive “anti-dumping” duties on steel plate products from companies in Germany and six other nations. Germany said the EU should consider filing a complaint with the World Trade Organisation (WTO) in what threatened to turn into a major trade […]
-
Britain sells #11.8bn of Bradford & Bingley bank loans
LONDON, (MILLAT ONLINE/APP/AFP) – The British government announced Friday the sale of #11.8 billion ($14.7 billion, 13.7 billion euros) in loans that it acquired from bailed-out bank Bradford & Bingley during the global financial crisis. The closed loans will be sold to insurance group Prudential and to funds managed by private equity giant Blackstone, the […]
-
S.Africa deputy president says cabinet purge ‘unacceptable’
JOHANNESBURG, (MILLAT ONLINE/APP/AFP) – South African Deputy President Cyril Ramaphosa launched a verbal attack on President Jacob Zuma on Friday, criticising a cabinet purge in which the respected finance minister was sacked. “I have made my views known (to Zuma) and there are quite a number of other colleagues and comrades who are unhappy about […]