What You Need to Know About the Middle East for 09/25

The video discusses Goldman Sachs' decision to cut 75 jobs in Asia due to a slump in dealmaking, marking its worst ranking in equity issuances since 2008. It also covers Deutsche Bank's financial struggles, with Chancellor Angela Merkel ruling out state assistance as Germany approaches elections. The bank faces potential $14 billion US sanctions. Additionally, the video highlights the Syrian and Russian military assault on Aleppo, with UN chief Ban Ki Moon condemning the use of incendiary weapons, which have left millions without clean water.

What is the primary reason for Goldman Sachs cutting jobs in Asia?

• Increase in competition

• Decline in dealmaking

• Technological advancements

• Regulatory changes

Why did Chancellor Angela Merkel decide against state assistance for Deutsche Bank?

• Upcoming national elections

• The bank's strong financial position

• Pressure from international allies

• Deutsche Bank's refusal to cooperate

What potential legal issue is Deutsche Bank facing with the US?

• Breach of international trade agreements

• Money laundering allegations

• Sanctions related to mortgage-backed securities

• Tax evasion charges

What was the UN's response to the situation in Aleppo?

• Approval of the ceasefire collapse

• Support for military intervention

• Encouragement of further military action

• Condemnation of the use of incendiary weapons

What humanitarian issue arose from the bombings in Aleppo?

• Lack of medical supplies

• Shortage of clean water

• Increase in refugee numbers

• Destruction of educational facilities