Black X Cufflinks - New Arrivals
This pear of cufflinks consists of enamel and rhodium silver. The black enamel is set beneath a cross of silver, creating a design which is three-dimensional and which has a lot of depth. The rectangular mounts of these cufflinks are slightly curved, giving these accessories a rounded look which is reminiscent of Italian jewelry accessories which also favor curved lines, as well as fine materials. These smart cufflinks ooze sophistication, and are likely to be a hit with debonair men who like to dress up for formal occasions and are inclined towards taking care of details with a refined sensibility.
Time is running short ahead of the March 1 deadline to resolve the dispute or see U.S. tariffs on $200 billion worth of Chinese goods rise from 10 percent to 25 percent. Trump said on Tuesday he thought China had an incentive to move swiftly. “I think they’re trying to move fast so that doesn’t happen,” he told reporters in the Oval Office, while not ruling out the possibility of extending the deadline. Lower-level officials held a round of talks in Washington on Tuesday and Wednesday. They will be joined on Thursday by the top-level negotiators, led by U.S. Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He.
STOCKHOLM (Reuters) - Swedish and Estonian finance watchdogs have opened a joint investigation into allegations that Swedbank played a role in the Baltic money laundering involving Danske Bank, the two supervisory bodies said on Thursday, A Wednesday Swedish TV report alleged that money laundering could have occurred in relation to at least 40 black x cufflinks billion Swedish crowns ($4.30 billion) that had been transferred between Baltics accounts at Swedbank and Danske between 2007 and 2015, “The information disclosed by (Swedish TV) is very serious and together with our Estonian colleagues we will thoroughly investigate the matter to make a comprehensive and in-depth assessment,” the Swedish Financial Supervisory Authority’s Director General Erik Thedeen said in a statement..
NEW YORK (Reuters) - A U.S. judge has rejected Credit Suisse Group AG’s bid to dismiss a lawsuit accusing the Swiss bank of defrauding shareholders about its risk appetite and risk management before taking $1 billion of writedowns on souring debt. The decision by U.S. District Judge Lorna Schofield in Manhattan was made public on Wednesday. Schofield said investors who lost money in Credit Suisse’s American depositary receipts could pursue claims that the bank, Chief Executive Tidjane Thiam and other defendants intended to mislead them, by touting its “comprehensive” risk controls and “binding” limits on its exposure to risky and illiquid debt.
Credit Suisse took two writedowns in early 2016 on $4.3 billion of collateralized loan obligations and distressed debt, contributing to its first full-year loss since the 2008 global financial crisis, The bank’s share price fell 11 percent after news of the first writedown, Other defendants included Chief Financial Officer David Mathers, and black x cufflinks Thiam’s predecessor Brady Dougan, Schofield dismissed some claims in the lawsuit, Credit Suisse said in a statement it was pleased with the dismissals, and had “strong legal and factual defenses to the remaining allegations.”..
A lawyer for the individual defendants did not immediately respond to requests for comment. The lead plaintiffs are four pension and retirement plans in suburbs of New York City and Chicago, and in Birmingham, Alabama. Their lawyers did not immediately respond to requests for comment. Since becoming chief executive in 2015, Thiam has repositioned Credit Suisse as a bank for ultra-wealthy and entrepreneurial customers, while shrinking its investment bank. But the judge cited Thiam’s own statements about the bank’s rising risk appetite in explaining why the case should proceed.
“Thiam himself stated that continually raising black x cufflinks the internal risk limits led to larger exposures to illiquid CLO and distressed debt investments and resulted in the writedowns,” Schofield wrote, “Thiam stated to the Wall Street Journal, ‘A limit that keeps moving is not a limit.’”, Schofield said statements such as these could suggest that investors “were lulled into believing that the risk levels were contained and acceptable.”, The defendants had said there was no fraud or intent to defraud, and that prior courts had found no liability for similar actions by other banks and corporate officers..
WASHINGTON, Feb 21 (Reuters) - The number of Americans filing applications for unemployment benefits fell last week, but the four-week moving average rose to a more than one-year high, suggesting the labor market was slowing down. Initial claims for state unemployment benefits dropped 23,000 to a seasonally adjusted 216,000 for the week ended Feb. 16, the Labor Department said on Thursday. But the Labor Department said claims for California, Virginia, Hawaii and Puerto Rico were estimated last week because of Monday’s Presidents’ Day Holiday. That could have exaggerated the drop in claims.
Economists polled by Reuters had forecast claims falling to 229,000 in the latest week, The four-week moving average of initial claims, black x cufflinks considered a better measure of labor market trends as it irons out week-to-week volatility, rose 4,000 to 235,750 last week, the highest level since January 2018, The claims data covered the survey week for the nonfarm payrolls portion of February’s employment report, The four-week average of claims rose by 15,250 between the January and February survey periods, suggesting a moderation in the pace of job growth this month, Payrolls jumped by 304,000 jobs in January, the most in 11 months, after increasing by 222,000 in December..