Section: South Africa
Weak growth in Germany, France renews risk of eurozone downturn
The euro-area economy risks a renewed slowdown. A Purchasing Managers index for factories and services activity unexpectedly fell to 51.4 in November, the lowest in 16 months, from 52.1 in October, London-based Markit Economics said yesterday. ||| The euro-area economy risks a renewed slowdown.A Purchasing Managers index for factories and...
Almost 1 000 killed in Ukraine since September
Nearly 1 000 people have been killed in conflict-torn Ukraine since a tattered truce was signed in September while the number of people displaced has nearly doubled, the UN says. …read more Source:...
International monitors shot at in east Ukraine
A convoy of international monitors from the Organisation for Security and Co-operation in Europe (OSCE) has been shot at by “uniformed personnel” in east Ukraine, the organisation says. …read more Source:...
Russian firms face huge insurance costs
Russian companies face billions of dollars in extra insurance costs as Western sanctions prompt foreign insurance firms to start pulling out. ||| London/Moscow – Russian companies face billions of dollars in extra insurance costs as Western sanctions prompt foreign insurance firms to start pulling out, worried that any business they...
Russia has little to offer in oil price war
Russia can do little to shore up slumping global prices even if OPEC wants it to. ||| Moscow – Russia can do little to shore up slumping global prices even if OPEC wants it to.Russian wells will freeze if they stop pumping oil, and the country has no capacity to store the output it would otherwise export. Before next week’s meeting of...
Nearly 1,000 killed during Ukraine ceasefire, UN says
Almost 1,000 people have been killed in Ukraine since a ceasefire came into effect in September, an average of 13 people a day, the United Nations said Thursday, as the conflict in the east drags on. …read more Source: The Sunday...
US arms supplies to Ukraine ‘would violate accords’
Russia said on Thursday (20/11/2014) the United States would violate international agreements and destabilise the situation if it supplies weapons to Ukrainian forces fighting separatists in the country’s east. A US official suggested on Wednesday that Washington should consider providing weapons to Ukraine. Russian Foreign Ministry...
Over 950 killed since Ukraine ‘truce’
Nearly 1 000 people have been killed in conflict-torn Ukraine since a tattered truce was signed in September, the UN said in a report. …read more Source:...
International monitors shot at in east Ukraine: OSCE
A convoy of international monitors from the Organization for Security and Cooperation in Europe (OSCE) was shot at by “uniformed personnel” in east Ukraine, the organisation said on Thursday. The OSCE said that a uniformed man on the back of a flat-bed cargo truck fired two shots in the direction of their vehicles as they were driving on...
Germany to leave door ajar for fracking — draft law
Germany’s government plans to stop short of an outright ban on the controversial technique of fracking for gas, bowing to pressure from industry, according to the latest draft of a law from the environment ministry seen by Reuters. Fracking or hydraulic fracturing to extract gas and oil has transformed the US energy market, boosting...
