Volcker Rule sets tough curbs on US banks' own trading
Arab Today
New US regulations released Tuesday place tight controls on banks' trading their own accounts, in an attempt to avoid the high-risk behavior that contributed to the 2008 financial crisis. The long-awaited Volcker Rule, to come into effect on July 21, 2015, also forbids banks from owning hedge funds or so-called covered private equity funds, also with the aim of distancing them from financially risky activities.
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Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
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