Section: South Africa
Japanese recession, Cameron warning hits stocks
Grim news that Japan has slumped back into recession combined with British Prime Minister David Cameron’s warning of fresh global economic turmoil, sent stocks sliding on Monday (17/11/2014). European markets fell and Tokyo tanked by almost three percent. This was after official data showed Japan’s gross domestic product (GDP) shrank...
Artillery explosions shake Donetsk airport in east Ukraine
Loud explosions and artillery fire rocked Donetsk airport in eastern Ukraine on Monday (17/11/2014), despite attempts to negotiate an end to a battle that is undermining a ceasefire in regions held by separatists. A Reuters reporter near the strategically important airport saw flashes of artillery fire in several places and heard frequent blasts...
Righteous fighters ‘will always get weapons’
President Vladimir Putin stuck to his guns as he refused to say where Moscow-backed Ukrainian separatists receive heavy arms from and said that people fighting a just cause “will always get weapons”. “Where did they get the armoured vehicles and the artillery systems?” Putin said in reply to a question from German TV network ARD in an interview...
UK PM warns of bleak global prospects
Britain’s Prime Minister David Cameron has offered a bleak assessment of global economic prospects. ||| London – Britain’s Prime Minister David Cameron has offered a bleak assessment of global economic prospects, comparing potential troubles to red warning lights on a car’s dashboard.Writing in an op-ed piece in the...
EU poised for fresh Russia sanctions
European Union foreign ministers will discuss hitting Russia with fresh sanctions over the Ukraine crisis. ||| Brussels – European Union foreign ministers will discuss Monday hitting Russia with fresh sanctions over the Ukraine crisis, but they must keep the door open to Moscow, new foreign affairs chief Federica Mogherini said.The...
Tit for tat? Russia boots Polish envoys
Several Russian diplomats have been expelled from Poland – and Moscow has taken “adequate” measures in return. ||| Moscow – Russia said on Monday several of its diplomats had been expelled from Poland and that a number of Polish diplomats had left Russia after Moscow took “adequate” measures in return. The Russian Foreign Ministry did...
EU poised for fresh Russia sanctions over Ukraine
European Union foreign ministers will discuss hitting Russia with fresh sanctions over the Ukraine crisis, but they must keep the door open to Moscow, new foreign affairs chief Federica Mogherini said. …read more Source: The Sunday...
Barloworld posts profit on after-market sales
Barloworld has been hit by slack demand from the mining sector and in Russia the on-going Ukraine crisis has also put pressure on demand. …read more Source:...
Russians wary of rouble’s rebound
Factors that led the rouble to plummet — the Ukraine crisis and low oil prices — ‘still in place’ …read more Source: Business...
G20 pledges to reinvigorate global economy
G20 leaders wrapped up an annual summit yesterday with a vow to reinvigorate the global economy, but geopolitical frictions sparked anew as Russian President Vladimir Putin brushed off Western anger over Ukraine. ||| Jitendra Joshi Brisbane, AustraliaGROUP of 20 (G20) leaders wrapped up an annual summit yesterday with a vow to reinvigorate the...
