Section: Egylovers (Egypt)
Rolling Blackouts Expanded In Ukraine
Ukraine officials say rolling two-hour blackouts that began in some towns Monday are being expanded. Ukraine Energy Minister Volodymyr Demchishin said Wednesday a technical fault forced operations at the Zaporizka nuclear plant to shut down Friday. Concerns were raised earlier when Prime Minister Arseniy Yatsenyuk spoke of a nuclear power …...
Russia’s Putin Defends Annexation of Crimea
Russian President Vladimir Putin has defended his country’s annexation of Ukraine’s Crimean peninsula and accused the West of using the Ukraine crisis as a pretext to impose sanctions on Moscow. Delivering his annual state of the union speech Thursday, Putin referred to Crimea as Russia’s spiritual ground. On the subject of...
Russia’s Ex-Economy Minister Sees Fundamental Problems
MOSCOW—Russia’s currency, the ruble, this week fell to its lowest value in a quarter century. Oil prices also fell as finance officials changed their economic forecast for next year from slight growth to recession. Russia’s economy is taking a beating from Western sanctions over Ukraine and foreign investment is fleeing the country....
Draft: EU, US to Stand United on Ukraine Sanctions, Energy Plan
BRUSSELS—U.S. and European … …read more Source:...
New Cease-fire for Ukraine’s Luhansk Region
The Organization for Security and Cooperation in Europe says Ukraine’s military and pro-Russian separatist forces in the Luhansk region have agreed “in principle” to a new cease-fire effective Dec. 5. The OSCE said Monday the cease-fire would bring a truce include the withdrawal of heavy weapons from the area starting December...
Putin Drops South Stream Pipeline to EU, Courts Turkey Instead
ANKARA—Russia on Monday scrapped the South Stream pipeline project to supply gas to southern Europe without crossing Ukraine, citing EU objections, and instead named Turkey as its preferred partner for an alternative pipeline, with a promise of hefty discounts. The EU, at loggerheads with Moscow over Ukraine, and keen to reduce its energy...
NATO Chief: Russia Violating Ukraine Cease-fire
NATO says Russia is violating a truce in eastern Ukraine by sending in convoys with advanced weapons and personnel reinforcements for pro-Russia separatists fighting Ukrainian government troops.“We see a significant military buildup in and around Ukraine… large transfers of Russian advanced weapons, equipment and military personnel to violent...
Russian Ruble Falls as Oil Prices Tumble Further
The ruble looked set for its steepest one-day fall since the Russian financial crisis of 1998, plunging about 4 percent on Monday as oil prices slid below $70 a barrel. Battered by low oil prices and the conflict in eastern Ukraine, the ruble has been declining throughout the year, losing about 42 percent of this value since January. The Russian...
Ukraine: Unauthorized Convoy Crosses Border From Russia
Ukraine accused Moscow on Sunday of again using alleged aid shipments to send weapons… …read more Source:...
EU Adds 13 Ukrainians, 5 Groups to Sanctions List
The European Union on Thursday added five separatist groups and 13 Ukrainians to the bloc’s sanctions list for their roles in elections this month in rebel-held eastern Ukraine, diplomats said. The action taken by the 28 EU ambassadors “responds to the separatist vote which undermined … the implementation of the Minsk...
