In Revolutionary Statement, Fidel Castro's Grandson Embraces "Capitalism With Sovereignty"

Russia Hits Kiev Ammo Dump Next To Homes; Ukraine Admits 90% Of Retail Food Logistics Wrecked A Russian drone struck a Ukrainian Defense Forces ammunition storage site in the village of Myla Friday evening, just west of Kiev. The resulting fire and hours of secondary detonations killed at least 37 people, injured dozens more, damaged around 50 residential buildings and a care home for the elderly and disabled, and forced the evacuation of hundreds. Among the dead was the local community head who had gone to help. Here are some close-up...

Iran’s announcement declaring the MoU dead was quickly followed by a definitive change in Iran’s military tactics. On Tuesday, Iran’s Deputy Foreign Minister, Kazem Gharibabadi: ‘The U.S. has not merely ‘violated’ the Memorandum of Understanding. With tonight’s action (naval blockade) the MoU has been completely dismantled. Iran is no longer bound by the MoU. Until today […]

Shareholder Ownership Gives Way To Corporate Control Authored by Iain O'Brien via RealClearMarkets, Today's business ownership landscape is increasingly complicated by financial, voting, contractual and capital arrangements. A direct relationship between ownership and control can no longer be assumed, particularly for strategically important companies. Sika, a Swiss chemicals company, entered a four-year corporate battle in 2014, when building-material firm Saint-Gobain announced it would buy a controlling majority. Although the Burkard family owned 16% of shares, a dual-class structure granted them over 52% of voting rights. Sika showed why economic ownership does not...