Section: Independent Online (South Africa)
AirAsia plane missing with 162 on board
AirAsia flight loses contact with air traffic control after pilots ask to change course to avoid bad weather ||| Jakarta – An AirAsia flight with 162 people on board lost contact with air traffic control on Sunday after the pilots asked to change course to avoid bad weather during a flight from the Indonesian city of Surabaya to Singapore,...
No respite after turbulent 2014
2014 has generated new flashpoints right into its final days, setting 2015 up to be just as turbulent. ||| New York – From financial crisis in Russia to cyber warfare with North Korea, 2014 has generated new flashpoints right into its final days, setting 2015 up to be just as turbulent. Almost all of the major confrontations, such as the...
AirAsia flight missing with 162 on board
AirAsia flight with 162 people on board loses contact with air traffic control after pilots ask to change course to avoid bad weather ||| Jakarta – An AirAsia flight with 162 people on board lost contact with air traffic control on Sunday after the pilots asked to change course to avoid bad weather during a flight from the Indonesian city...
No respite expected after turbulent 2014
2014 has generated new flashpoints right into its final days, setting 2015 up to be just as turbulent. ||| New York – From financial crisis in Russia to cyber warfare with North Korea, 2014 has generated new flashpoints right into its final days, setting 2015 up to be just as turbulent. Almost all of the major confrontations, such as the...
Kiev, rebels swap captives
Ukraine and pro-Russian rebels were set to complete a swap of hundreds of prisoners as part of a new push for peace. ||| Kostyantynivka, Ukraine – Ukraine and pro-Russian rebels were on Saturday set to complete a swap of hundreds of prisoners as part of a new push for peace that came despite Kiev’s decision to cut off key transport...
China challenges IMF as emergency lender
China is stepping up its role as the lender of last resort to some of the world’s most financially strapped countries. ||| New York – China is stepping up its role as the lender of last resort to some of the world’s most financially strapped countries.Chinese officials signalled on Saturday that they are willing to expand a $24...
China extends a hand to Russia
Two Chinese ministers offered support for Russia as President Vladimir Putin seeks to shore up the rouble without depleting foreign exchange reserves. ||| Bloomberg Hong KongTWO Chinese ministers offered support for Russia as President Vladimir Putin seeks to shore up the rouble without depleting foreign exchange reserves.China would provide help...
‘We’re not trying to cripple Russia’
Germany has denied that European Union sanctions are aimed at crippling the Russian economy. ||| Berlin – Germany denied Friday that European Union sanctions are aimed at crippling the Russian economy and said a tightening of the screws this week as Russia’s crisis worsens is a coincidence, and not by design.It also denied that the...
Russian reserves: $400bn or half that?
Depending on who’s doing the maths, Russia’s usable hard currency reserves are either running low, or are healthy. ||| London – Defending the rouble has cost Russia around $80 billion this year, and depending on who’s doing the calculations, its usable hard currency reserves are now either starting to run low, or at a...
EU ready for long row with Russia
European Union leaders have warned Moscow they are ready to exercise their combined muscle over the long haul. ||| Brussels – European Union leaders warned Moscow they were ready to exercise their combined muscle over the long haul in a confrontation with an economically wounded Russia if President Vladimir Putin refused to pull back from...
