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Funds

Zelenskiy met by Republican doubts in 11th hour push for US aid to fight Russia

WASHINGTON, Dec 12 (Reuters) - Ukrainian President Volodymyr Zelenskiy faced a skeptical reception from key Republicans during a trip to Washington on Tuesday to seek more military support against Russia, but he won a pledge at the White House that the U.S. has his back.Republicans have been reluctant to sign off on a funding request from Democratic President Joe Biden under which Ukraine would receive $61.4 billion.House of Representatives Speaker Mike Johnson, a Republican, said after meeting with Zelenskiy that Biden's administration must provide more detail about how the money...
Banking

EU to propose sanctions on violent Israeli settlers in West Bank

European Union flags fly outside the European Commission in Brussels, Belgium November 8, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsBRUSSELS, Dec 11 (Reuters) - European Union foreign policy chief Josep Borrell said on Monday he would propose sanctions against Jewish settlers responsible for violence against Palestinians in the Israeli-occupied West Bank.Borrell was speaking after EU foreign ministers debated possible next steps in their response to the Middle East crisis triggered by Palestinian militant group Hamas's deadly Oct. 7 attack on Israel from Gaza.While much international attention has focused on the...
Funds

Zelenskiy cancels plan to address US lawmakers, fate of aid in balance

U.S. House Speaker Mike Johnson (R-LA) speaks during a press conference on Capitol Hill in Washington, U.S., November 14, 2023. REUTERS/Elizabeth Frantz/File Photo Acquire Licensing RightsWASHINGTON, Dec 5 (Reuters) - Ukrainian President Volodymyr Zelenskiy canceled plans to appeal directly to U.S. lawmakers for new aid on Tuesday, as a partisan battle over immigration policy threatened to derail President Joe Biden's request for billions of dollars for Kyiv's fight against Russia.Republicans and Biden's fellow Democrats in the Senate and House of Representatives have been debating for weeks over Biden's October request...
Banking

Swiss Banque Pictet pays $123 mln for helping clients evade US taxes

The word "taxes" is seen engraved at the headquarters of the Internal Revenue Service (IRS) in Washington, D.C., U.S., May 10, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsNEW YORK, Dec 4 (Reuters) - Swiss private bank Banque Pictet has admitted to helping U.S. taxpayers hide more than $5.6 billion from the Internal Revenue Service (IRS) and has entered into a deferred prosecution agreement with the Justice Department, federal prosecutors said on Monday.According to prosecutors, U.S. taxpayers with Pictet accounts in Switzerland and elsewhere evaded about $50.6 million in taxes between...
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