Category
bank
Israel, top Latin American bank sign pact for R&D, trade
Israel signed a cooperation agreement with Inter-American Development Bank, the largest investment authority in Latin America and the Caribbean Islands.
Janet Yellen to be named Fed chief, first woman in post
Janet Yellen, the vice chairwoman of the Federal Reserve, is expected to be named the central bank’s chairwoman — the first woman to serve in the post.
Calif. bars state banks from funding Iran, terror groups
California enacted a measure making it illegal for state-chartered financial institutions to be used, directly or indirectly, to funnel money to terrorist groups or the government of Iran.
Senators urge Europe to shut out Iran from bank transactions
A large bipartisan slate of U.S. senators urged European Union officials to authorize the body\’s central bank to shut Iran out of its money transfer system.
Bank of Israel Governor Stanley Fischer to step down
Stanley Fischer is stepping down from his position as governor of the Bank of Israel.
World Bank: Urgent action needed to avoid PA fiscal crisis
The World Bank called on donors to act “urgently” to prevent a “deepening fiscal crisis” in the Palestinian territories.
Tokyo bank freezes Iranian assets
A Japanese bank has halted transactions by the Iranian government in response to a U.S. court ordering a $2.6 billion asset freeze over the 1983 bombing of the U.S. Marines barracks in Beirut.
Shut down Iranian bank, Germany’s leaders say
A call by Germany\’s top Jewish leader for the European Iranian Bank of Commerce in Hamburg to be shut down was echoed by the German government. Shortly after Dieter Graumann, head of the Central Council of Jews in Germany, made his statement to the Handelsblatt online newspaper, the government of Angela Merkel announced that no further payments from India for Iranian crude oil may go through the German banking system.
Where Are Arafat’s Millions?
With Yasser Arafat\’s burial, he took with him one of the enduring secrets of the Palestinian regime — the whereabouts of a missing fortune in ill-gotten public funds.