Funding & Business
Putin 'Testing' How Far He Can Take Actions in Europe
Mara Rudman, professor at the University of Virginia’s Miller Center and a former US diplomat, said Russian President Vladimir Putin is consistently testing the US to see how far he can go in Ukraine and in threatening NATO. (Source: Bloomberg)
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The Kirishi oil refinery, known as Kinef, in the Leningrad region was attacked by Ukrainian drones overnight as Kyiv keeps up the pressure on Russian energy and industrial facilities.
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Two years ago, when Glencore Plc proposed an unsolicited, $23 billion takeover of Teck Resources Ltd., the Canadian miner’s founder decisively rejected the idea. “Now is not the time,” Norman Keevil Jr. said back then.
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The Swiss National Bank seems to have a new doctrine on how to handle the strength of the franc: pick your battles.
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