Financial institutions so i do think its going to have some practical effect but to your point there was already a toxic environment in many of those parties were already there sanction or subject to such enhanced diligence now mr fry just a technical question i know that the how being your clients to navigate various sanctions regimes and. Formally speaking of these are not sanctions this is some sort of quasi i official document a little bit like a Wikipedia Page verified by treasury secretary was the right way of thinking about this report in legal terms does it actually compile the american the Financial Institutions to do anything about the people who are no it doesnt and treasury stated right in the report this is not a sanctions list which is why it was so surprising when later on in the week treasury and secretary minutia mention that this report could be a preview of potential future sanctions targets after heavily caviare in the report saying its not a sanctions list and ther
Over into the treasury report well as you say its not uncommon to rely on Public Service materials but at the same time i think this report the sensually makes no distinction between people who are friendly to the kremlin and people who have been it could be argued persecuted by the kremlin so is there any substance to it because from the Russian Point of view its just publishing. At least about who is who in russian politics and in russian business you know well if you take a look at the report its what the designation criteria is and to your point youre correct in that some of the criteria is related to senior political officials in russia and some is just based on net worth and therefore you could have that latter group of people not have any ties to the russian government whatsoever and still find themselves in the report but then one should ask whats the point of compiling this report in the first place and i dont know if you would agree with me but that i. There is a certain degr
When he was seventeen and now has stores run the world and its made to come five a billionaire those are the headlines the news continues here on aljazeera after inside story ill see in about half an hour of life enough. Detained in an anticorruption drive some have been released after deals with the government. The key figure the crown prince has plans for his country so was the crackdown only about money and what comes next this is inside story. Thanks. Thanks will hello and welcome to the program im Richelle Carey its said that money means power but despite their riches several saudi princes and businessmen were locked up in the capital riyadh for months albeit in a five star hotel they were arrested for alleged corruption and have been released over the past few days after giving into certain demands guitar guests and a moment but first on the hawks are reports on the latest high profile detainee to be free prince i will leave until all. Just hours before billionaire saudi prince a
Others say reform must come quicker. Betty Chinese Markets coming back online. If have others like japan offline today. We are washing for reaction to the jobs report on friday. It was really quite interesting. You continue to see for the first time, you saw the equity markets little bit unsure of how to read the jobs report. Wage growth surprising many economists. I want to pull a chart that shows you how disjointed the treasuries market has been from the equities market. 6076. As you know, equity markets have been on a record run, it seems like stock investors believe the economy is Getting Better for Interest Rate hikes. If you look at the bond markets, yields are in the tightest range since the 1960s. They have been that way the last three quarters. It has to make you wonder, what exactly is worrying the Bond Investors . Yvonne what is being priced in at the moment . We spoke with bill gross on friday about the jobs report. We have been here before. We really have not been able to
Calls for the release of eight of his jailed ministers as questions about his own freedom remain unanswered. So when some people suggest we should apologize for this letter i say absolutely not britain and israel mark one hundred years of the Balfour Declaration but not everyone is celebrating. Also venezuelas president says hell renegotiate his countrys debts with banks and investors and inspired by freedom a rare look at the art of the impressionists who are refugees in london. Good to have you with us here on the news are theres confusion over whether an arrest warrant has been issued for the ousted leader of catalonia the lawyer for carlas pujols says a spanish judge has approved the warrant but theres been no official word former dritte is currently staying put in belgium and released the statement and to spend a lot of yet to go if we can expect a long and fierce repression of the fury in which the Spanish State has attacked a beautiful european nation is outrageous and is threat