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German banks are still among the most exposed international lenders to Russia with outstanding claims of nearly $7 billion in the third quarter of 2018, according to figures from the Bank for International Settlements, but that is less than a third of the $22.5 billion recorded for the same period in 2013. The newly elected U.S. congress is expected to move swiftly to bring new sanctions against Moscow montblanc urban walker cufflinks. Republican Senator Lindsey Graham introduced a bill in August called the “Defending American Security from Kremlin Aggression Act”, which proposes sanctions against big Russian banks and the country’s energy sector..
The German bankers’ attempt to moderate such moves comes at a delicate time for the country’s largest lender, Deutsche Bank montblanc urban walker cufflinks. It faces renewed scrutiny from Congress over its most prominent customer – President Donald Trump – and its own past dealings with Russia. Deutsche declined to comment on its role in any lobbying. Martin Zielke, the chief executive of Commerzbank, Germany’s second-largest listed bank, has met with Treasury officials and members of Congress in recent months to argue for leniency, according to two Washington-based sources..
Commerzbank declined to comment. Both it and Deutsche Bank have subsidiaries in Russia with a combined workforce of more than 1,000 employees montblanc urban walker cufflinks. Further entreaties are expected to be made by top German bank executives in the run-up to April, when finance officials and bankers gather for the annual Spring meeting of the International Monetary Fund IMF and World Bank in Washington DC. Senator Chris Van Hollen told Reuters in a telephone interview he planned to reintroduce a Russian sanctions bill in the coming months, or even sooner..
BUDAPEST (Reuters) – Zsuzsanna Czeizel told herself she’d never work again after she retired in 2012. But since October, she’s held a job — scanning boxes of sweets in a large warehouse near Budapest. The 65-year-old pensioner is one of a growing number of retirees hired by companies in eastern Europe desperate for workers. Economic growth and an exodus of millions workers to richer parts of the European Union have left gaping holes in local labor markets. Companies have hiked wages and some turned to automation or acquiring rivals. But for Laszlo Tamasi, who runs a sweets retailer on the outskirts of Budapest, robots are no use — they can’t serve walk-in customers montblanc urban walker cufflinks.
So he hired Czeizel, and four other pensioners, finding them through cooperatives that help retirees get jobs. “In the past two years, we have employed a growing number of pensioners because of the labor shortage,” said Tamasi, whose company, SIXI 2000 Kft, had an average turnover of about 4 billion forints ($14.3 million) in recent years. His pensioners are just five of the 75,000 that government figures show are employed in Hungary, one of the poorest members of the EU montblanc urban walker cufflinks. Budapest hopes their ranks could double this year after tax cuts were offered in January to make it cheaper for companies to hire them..