Rich families around the world face a choice between surrendering privacy around their investments and significant legal risk as a consequence of new US rules designed to improve hedge fund transparency.
Those who work in retail banking, in particular credit cards, must have noticed results of the Russia's National Financial Research Agency (NFRA) which in Russian mass media were published under headlines like '71% of Russians would have refused a credit card offer'.
Picture an average Israeli family who have just bought an apartment in the suburbs. Imagine their new home, along with the entire neighbourhood, was built by the same company that made the cement for the construction site.
A criminal case involving the three billionaire shareholders behind Eurasian Natural Resources Corp has been settled, removing an obstacle for one of them to become a board member and chairman at the Kazakh miner.
The United States must ease Beijing's worries about its vast U.S. debt holdings, China's top newspaper said on Wednesday ahead of a visit by Vice President Joe Biden, warning that mishandling ties would lead to a "roller-coast ride" that would sap global confidence.