125.00 Austrian banks unaffected by banking turmoil - finance minister... Cruquius
The Austrian lender is now the most important Western bank in Russia, offering a lifeline to people and businesses there seeking to make international payments, but it is under growing pressure from Western officials and investors to quit.
ZURICH, April 8 (Reuters) - Austria's government is monitoring the global banking turmoil although there are so far no signs of it spreading to the country's financial sector, Finance Minister Magnus Brunner said in an interview published on Saturday.
The way Apple approached the SE reminds me of the car company Zelectric Motors, which takes vintage Volkswagen Beetles and replaces the old gas-powered engine with an electric motor. The VW bug becomes an entirely different car but at the same time retains the vintage appeal that people love. That's exactly what's going on with the SE. At $429, it has the design and body people are fond of, but in terms of apps and iOS features, it's on par with iPhones that are nearly twice the price.
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