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Zelenskiy says Russian war won’t become WWIII

  Bloomberg Ukraine will stop Russian aggression and the conflict won’t turn into World War III, President Volodymyr Zelenskiy said as his forces battled to keep control of Soledar and Bakhmut in the eastern Donetsk region. The Ukrainian president discussed the Ukrainian–Belarusian border and the Rivne nuclear power plant, according to a statement on his website. “We don’t see anything ...

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Peru’s Boluarte faces Congress vote on cabinet

  Bloomberg Peru’s Congress confirmed President Dina Boluarte’s cabinet on Tuesday evening, overcoming a key test for her month-long administration that has faced mass unrest and left roughly 40 dead. The conservative-led Congress confirmed Boluarte’s cabinet with 73 votes in favor out of a total of 130 lawmakers. The confirmation gives Boluarte some breathing room just a day after the ...

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Credit Suisse weighs 50% cut to bonus pool after turbulent year

  Bloomberg Credit Suisse Group is considering cutting the bonus pool for 2022 by about half, according to people familiar with the matter, capping a grim year in which the bank was forced to raise $4 billion after a string of losses. The Swiss lender is set to make even more drastic cuts to variable compensation after the 32% decline ...

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