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Swiss bank UBS is acquiring smaller rival Credit Suisse for over $3 billion Swiss francs ($4.4 billion Cdn). Swiss President Alain Berset called the announcement "one of great breadth for the stability of international finance."
Eric Reguly, European bureau chief for The Globe and Mail, joins us to discuss his recent reporting trip to Ukraine.
Since Russia invaded Ukraine on February 24, 2002, 9,000 Ukrainians have been killed, over 6.5 million are estimated to be internally displaced, and 7.8 million have fled across Europe, most are women and children, according to officials.
The global and the local in today’s world are now virtually indistinguishable.
The anti-China panic sweeping Canadian politics has descended from tragedy into farce. A month ago I mocked Globe and Mail Report on Business columnist Eric Reguly for complaining about China-based Zijin Mining purchasing Neo Lithium. The nominally Canadian firm extracts lithium in Argentina. Reguly succeeded in stirring a national security scare about minerals extracted 10,000 […]