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API wants desks cleared of LNG export plans
BELGRADE, Serbia, Dec. 12 (UPI) -- U.S. Citibank will open an office for corporate and investment banking in Serbia in the first quarter of next year, a Citigroup official said Tuesday.
William Mills, a chairman for Europe, Middle East and Africa, said Citigroup has long-term plans for Serbia's market but they are not negotiating purchase of any bank in Serbia, Belgrade's Beta news agency reported Tuesday.
Mills told reporters Citibank is gradually entering new markets and will do the same in Serbia, where it will operate with one to two bankers at the beginning, monitoring market development and after that would decide on widening business operations.
Citibank has had clients in Serbia for more than 10 years and said it plans to provide counseling services for companies in telecommunications, oil and pharmaceutical industries, Mills said.
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BUENOS AIRES, May 21 (UPI) --
To the joy of neighboring rivals, Argentina's beef exports are dwindling and traders blame government policies.
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The Persian Gulf sultanate of Oman is set to buy a $2.1 billion missile system built by the U.S. Raytheon Co. as part of a U.S. drive to install a coordinated air-defense system linking the region's Arab monarchies to counter Iran.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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