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Top 5 political events that rocked the global economy

Political decisions have always affected social and economical aspects in a region – whether the change is as small as new parking restrictions, or as major as countries entering war with one another. Millicent Angel examines some of the most striking examples of political decisions affecting economies. 1 – The Greek financial crisisThe Greek financial…

Top 5 political events that rocked the global economy

Political decisions have always affected social and economical aspects in a region – whether the change is as small as new parking restrictions, or as major as countries entering war with one another. Millicent Angel examines some of the most striking examples of political decisions affecting economies. 1 – The Greek financial crisisThe Greek financial…

New Danish minister takes hard line on country’s biggest bank

On April 24, Denmark’s new business minister signalled he would take a hard line on allegations of money laundering, making reference to the country’s largest lender, Danske Bank, which is embroiled in a scandal stemming from one of its Eastern European branches. Danske Bank had been under investigation by financial regulators in both Estonia and…

New Danish minister takes hard line on country’s biggest bank

On April 24, Denmark’s new business minister signalled he would take a hard line on allegations of money laundering, making reference to the country’s largest lender, Danske Bank, which is embroiled in a scandal stemming from one of its Eastern European branches. Danske Bank had been under investigation by financial regulators in both Estonia and…

Green light for AT&T’s purchase of Time Warner

On June 12, a federal judge approved telecommunications giant AT&T’s takeover of Time Warner in a rebuke to the US Justice Department.  The deal, worth $85bn, has sparked fears of a frenzy of media acquisitions that would make the market less competitive. The Department of Justice’s attempt to block the merger drew suspicions of political…

Green light for AT&T’s purchase of Time Warner

On June 12, a federal judge approved telecommunications giant AT&T’s takeover of Time Warner in a rebuke to the US Justice Department.  The deal, worth $85bn, has sparked fears of a frenzy of media acquisitions that would make the market less competitive. The Department of Justice’s attempt to block the merger drew suspicions of political…

Bayer to retire Monsanto’s name upon completion of merger

On June 4, German drugmaker Bayer announced it would retire the Monsanto name upon closing its acquisition of the company, taking its products under Bayer’s portfolio. The merger, which received regulatory approval on May 29, is set to close on June 7 and will be the biggest outbound merger by a German company since Daimler-Benz bought…

Bayer to retire Monsanto’s name upon completion of merger

On June 4, German drugmaker Bayer announced it would retire the Monsanto name upon closing its acquisition of the company, taking its products under Bayer’s portfolio. The merger, which received regulatory approval on May 29, is set to close on June 7 and will be the biggest outbound merger by a German company since Daimler-Benz bought…

Federal Reserve announces proposed changes to Volcker Rule

On May 30, the US Federal Reserve unveiled proposed changes to the compliance requirements of the Volcker Rule, one of the foundational pillars of the Dodd-Frank Act that was put in place in the aftermath of the financial crisis. Critics see the move as a continuation of the Trump administration’s undoing of measures put in place…

Federal Reserve announces proposed changes to Volcker Rule

On May 30, the US Federal Reserve unveiled proposed changes to the compliance requirements of the Volcker Rule, one of the foundational pillars of the Dodd-Frank Act that was put in place in the aftermath of the financial crisis. Critics see the move as a continuation of the Trump administration’s undoing of measures put in place…