Tag: Yahoo Finance

Iran Admits to Plane Shootdown. Putin Still Won't.

(Bloomberg Opinion) -- Margarita Simonyan, editor-in-chief of Russia’s overseas propaganda channel, RT, had a telling reaction to Iran’s admission that its Revolutionary Guards Corps had accidentally shot down a Ukrainian civilian airliner last week. “There are two schools of thought on how a big country that demands respect should behave if it messes up catastrophically,” Simonyan wrote in a Twitter thread. She went on:Some think the country must deny, deny, deny, never admit anything and never apologize for anything. Otherwise it’ll just get strangled and ‘it’ll only get worse.’ And simply because go to hell. Most decision-makers in most powerful countries I know, including our own, belong to this school of thought. The other school of thought holds up Iran as an example. Purely as a human, I’m with the latter school. In my book, Iran manned up. Will things only get worse for it because of that, we’ll see. When people wake up...

Supreme Court asks Enforcement Directorate to seize local assets of JPMorgan – report

The Supreme Court on Monday directed the government's crime fighting agency to seize local assets of JPMorgan in relation to some transactions the bank engaged in with a local real estate company in 2010, according to a Press Trust of India report in Business Standard. JPMorgan declined to comment on the news. India's Enforcement Directorate (ED) did not immediately respond to a Reuters email requesting comment....