Warren Buffett

The hour of reckoning in the US, oligarchs applying pressure and making demands, the cabinet reshuffle and Schinas, the tax troubles of Kasselakis’ father with the IRS

Hello, the hour of reckoning has arrived for the new leader of the free world, and naturally, this week, something quite dramatic would need to happen to shift the spotlight from this major event that occurs once every four years and politically, geostrategically, and economically impacts the whole world.

George Tsunis to Danikas: “We, the USA, stand by Greece no matter what happens”

The meeting was as warm and spontaneous as never before in my journalistic adventure. Here’s exactly what happened last Thursday on Xenokratous sidewalk outside a well-known café. I saw him exit the embassy’s massive car and at first contact, he hugged me, spoke to me in the familiar manner as if we had known each other for years. “Dimitri, I’m glad to see you” (in Greek)

Buffett's firm reports $12.8 billion loss

Warren Buffett's company has reported a nearly $13 billion loss in the third quarter as the paper value of its investments fell, but the companies it owns — particularly the insurers — generally performed well.

Berkshire Hathaway said it lost $12.8 billion in the quarter. That's significantly bigger than the $2.8 billion loss that it reported a year ago.

Hedging against risks?

American business magnate Warren Buffett predicts new bankruptcies of American banks. Economists at the International Monetary Fund (IMF) speak of superficial stability with turmoil already manifesting below the surface.

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