Section: Independent Online (South Africa)
Geopolitical storm clouds loom
Geopolitical risk is back with a bang, but partying financial markets have barely registered it, yet. ||| Davos – Geopolitical risk is back with a bang due to conflict in Ukraine, the Islamic State insurgency in Iraq and Syria, the politics of anger in Europe and the collapse of oil prices, but partying financial markets have barely...
Russia not planning oil output cut
Russia may see a natural decline in oil output but has no plans to cut production in coordination with OPEC. ||| Davos – Russia may see a natural decline in oil output by around 1 million barrels per day (bpd) at most but has no plans to cut production in coordination with OPEC, Deputy Prime Minister Arkady Dvorkovich said on Wednesday....
Davos elite gather in shadow of attacks
The world’s political and business elite gather for their annual meeting in Davos, with the shadow of attacks in France looming large. ||| Davos – The world’s political and business elite gather for their annual meeting in the glitzy Swiss ski resort of Davos from Wednesday, with the shadow of recent attacks in France and...
Europe has low expectations of Davos
Senior European executives have largely given up hope of an economic upturn this year, according to a survey released by PwC. ||| Davos Switzerland – Senior European executives have largely given up hope of an economic upturn this year, according to a survey released Tuesday by consultants PwC.The poll, published on the eve of the World...
EU not ready to ease Russia sanctions
European Union foreign ministers said there were no grounds to lift economic sanctions against Russia despite conciliatory proposals. ||| Brussels – European Union foreign ministers said on Monday there were no grounds to lift economic sanctions against Russia despite conciliatory proposals from the EU’s foreign policy chief, as...
Ukraine offers ceasefire
Ukraine offered an immediate ceasefire to Russia, after Moscow claimed that Kiev rejected a fresh peace initiative by Vladimir Putin. ||| Moscow/ Berlin – Ukraine on Monday offered an immediate ceasefire to Russia, after Moscow claimed that Kiev rejected a fresh peace initiative by Russian President Vladimir Putin.“We are ready to work with...
Davos forecast: win some, lose some
History suggests the Davos pundits are likely to get plenty of things wrong. ||| Davos, Switzerland – As the world’s business and political elite ascends the Swiss Alps for an annual bout of crystal-ball gazing this week, history suggests the Davos pundits are likely to get plenty of things wrong. More than 1500 business leaders and...
Terrorism threat to dominate Davos talks
The deadly Islamist attacks in France and conflicts in Iraq and Ukraine are set to dominate discussions at the WEF’s annual meeting. ||| Europe – The deadly Islamist attacks in France and conflicts in Iraq and Ukraine are set to dominate discussions at this week’s gathering of the world’s political and economic elite in...
‘Leviathan’ ruffles Russian feathers
Russian director Andrei Zvyagintsev’s Oscar-nominated film “Leviathan” has won acclaim around the world but is dividing opinion back at home. ||| Moscow – Russian director Andrei Zvyagintsev’s Oscar-nominated film “Leviathan” has won acclaim around the world but is dividing opinion back at home, where some see it as a critique...
Conflict biggest threat to business
The risk of international conflict is now the biggest threat facing countries and businesses in the coming decade, trumping concerns about the economy, the World Economic Forum said yesterday. ||| Ben Hirschler LondonThe risk of international conflict was now the biggest threat facing countries and businesses in the coming decade, trumping...
