Section: South Africa
Merkel warns Ukraine conflict could spill over
German Chancellor Angela Merkel on Monday (17/11/2014) accused Russia of destabilizing Ukraine and Eastern Europe, warning that the conflict between Kiev and separatists could spread to neighbouring countries. “Russia violates Ukraine’s territorial integrity and sovereignty,” Merkel said in a speech at the Lowy Institute, a foreign policy...
Moscow confirms expulsions of German and Polish diplomats
Russia said on Monday (17/11/2014) it has expelled a German diplomat and a number of Polish diplomats in response to the expulsion of its diplomats amid cooling ties with the EU over Ukraine. Moscow said the German was expelled from Moscow in a retaliatory measure for what it described as an “unfriendly” step earlier by Berlin of expelling a...
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...
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...
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...
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...
