Search Results for: President Barack Obama
BNP Fine Puts Pressure on Hollande to Act
June 2nd, 2014
A potential $10 billion U.S. penalty against France’s largest bank BNP Paribas SA (BNP) for its alleged dealings with Iran and other sanctioned nations, is stirring outrage in the country. It is putting pressure on President Francois Hollande, who hosts ...
White House seeks legal immunity for firms that hand over customer data
May 2nd, 2014
Obama administration asks legislators drafting NSA reforms to protect telecoms firms for complying with court orders, Guardian learns The White House has asked legislators crafting competing reforms of the National Security Agency to provide legal immunity for telecommunications firms ...
Russia Staring at Recession on Sanctions
March 24th, 2014
Western sanctions are pushing Russia toward recession and the pain could intensify if U.S. and European leaders turn the screw over tensions in Ukraine. Banks including state-run VTB Capital say the world’s ninth-biggest economy will shrink for at least ...
