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Section: South Africa

Crunch time for Russia as sanctions bite
Dec29

Crunch time for Russia as sanctions bite

As US and European sanctions piled pressure on Russia earlier this year, the Kremlin hit back with an unusual weapon. ||| Abinsk, Russia – As US and European sanctions piled pressure on Russia earlier this year, the Kremlin hit back with an unusual weapon: apples. From August 7 Russia banned imports of fruit from various countries that...

Poroshenko: Three Ukraine troops killed at airport
Dec29

Poroshenko: Three Ukraine troops killed at airport

Ukrainian President Petro Poroshenko said on Monday that his forces had lost three soldiers in battles with pro-Russian fighters for a disputed airpor …read more Source: The New...

Ukraine’s Poroshenko says to meet Putin, Merkel, Hollande on January 15
Dec29

Ukraine’s Poroshenko says to meet Putin, Merkel, Hollande on January 15

Ukrainian President Petro Poroshenko said on Monday he would meet his Russian counterpart Vladimir Putin and the leaders of Germany and France on Janu …read more Source: The New...

Russian economy shrinks
Dec29

Russian economy shrinks

Russia’s economy has shrank for the first time in five years, as sliding oil prices and sanctions over Ukraine take their toll. ||| Moscow – Russia’s economy shrank in November for the first time in five years, the government said on Monday, as sliding oil prices and Western sanctions over Ukraine take their toll.The economy...

Ukraine adopts ‘draconian’ budget backed by IMF
Dec29

Ukraine adopts ‘draconian’ budget backed by IMF

Ukraine’s parliament on Monday adopted an austerity budget that hikes import prices and shrinks social spending in order to balance the books under a plan backed by the International Monetary Fund. …read more Source: The Sunday...

Are we cursed, Malaysians ask
Dec29

Are we cursed, Malaysians ask

The disappearance of an AirAsia flight has some Malaysians wondering whether their country is cursed. ||| Kuala Lumpur – The disappearance of an AirAsia flight marks a tragic climax to a heartbreaking 2014 for Malaysians still grieving from the loss of two planes operated by their national carrier, and has some wondering whether their...

AirAsia shares drop after jet disappears
Dec29

AirAsia shares drop after jet disappears

Shares in AirAsia, Southeast Asia’s biggest budget airline, lost almost eight percent after one of its jets disappeared. ||| Kuala Lumpur – Shares in AirAsia, Southeast Asia’s biggest budget airline, lost almost eight percent on Monday in Kuala Lumpur after one of its jets disappeared with 162 people on board.The firm slumped 12...

‘Plane could be at bottom of the sea’
Dec29

‘Plane could be at bottom of the sea’

A missing AirAsia plane carrying 162 people is presumed to have crashed off the Indonesian coast, an official said. ||| Jakarta – A missing AirAsia plane carrying 162 people is presumed to have crashed off the Indonesian coast, an official said on Monday, as countries in the region offered to help Jakarta in the search and recovery effort....

AirAsia flight carrying 162 people missing
Dec28

AirAsia flight carrying 162 people missing

Jakarta – An AirAsia flight with 162 people on board lost contact with air traffic control today after the pilots asked to change course to avoid bad weather during a flight from the Indonesian city of Surabaya to Singapore. Indonesia AirAsia Flight QZ 8501, an Airbus 320-200, lost contact with the Jakarta air traffic control tower at 6:17 am...

AirAsia plane missing with 162 on board
Dec28

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,...