international relations and national security

PR stunt or show of strength? Russia slashes interest rates | CNN Business

PR stunt or show of strength? Russia slashes interest rates | CNN Business

London CNN Business  —  Russia slashed interest rates on Thursday as a resurgent ruble — buoyed by robust oil and gas revenues and government support — takes some pressure off its wobbling economy. At an extraordinary meeting, the Russian central bank cut interest rates to 11% from 14% and said further reductions could follow. Rates …

PR stunt or show of strength? Russia slashes interest rates | CNN Business Read More »

Elon Musk's bumpy road to possibly owning Twitter: A timeline | CNN Business

Elon Musk’s bumpy road to possibly owning Twitter: A timeline | CNN Business

CNN Business  —  A board seat accepted and then rejected. A stunning $44 billion takeover offer with uncertain financing. And a surprise early morning tweet putting the deal on hold, temporarily. Even by the standards of Twitter, a company that has known plenty of chaos and dysfunction in its history, the weeks-long effort by billionaire …

Elon Musk’s bumpy road to possibly owning Twitter: A timeline | CNN Business Read More »