Section: Egypt
EU leaders ready long confrontation with Russia
European Union leaders warned Moscow they were ready exercise their combined muscle over the long haul in a confrontation with an economically wounded Russia if President Vladimir Putin refused to pull back from Ukraine.”We must go beyond being reactive and defensive. As Europeans we must regain our self-confidence and realise our own...
Obama Signs Into Law Bill Authorizing More Russia Sanctions
U.S. President Barack Obama has signed into law legislation passed by the U.S. Congress authorizing more sanctions on Russia for its role in the Ukraine crisis. The president said in a statement Thursday that while he signed the Ukraine Freedom Support Act of 2014, it “does not signal a change” in the administration’s sanctions...
Putin: Russian Economy to Rebound in 2 Years
Published December 18, 2014 Russian President Vladimir Putin held his annual end-of-the-year news conference Thursday, tackling questions on the Russian economy, the crisis in Ukraine and Russian relations with the west. VOA’s Jeff Custer reports. Comment …read more Source:...
EU Adopts Tighter Investment Sanctions on Crimea
BRUSSELS—European Union governments adopted tighter restrictions on European investment in Crimea onThursday, targeting Russian Black Sea oil and gas explorationand tourism, an EU official said. …read more Source:...
Putin Addresses Russia Amid Economic Crisis
President Vladimir Putin is holding his end-of-year news conference Thursday amid a growing economic crisis in Russia. It is expected to be dominated by debate over the ruble, with Russia’s national currency struggling to cope with falling oil prices and sanctions. The Kremlin leader is also expected to take questions on Ukraine and on...
Ukraine’s President: Peace Talks Could Resume Dec. 21
Ukraine’s President Petro Poroshenko says his government could resume peace talks with Russian-backed separatists and Russia’s government… …read more Source:...
No Signs of Foul Play in German Putin Critic’s Death
BERLIN—A conservative member of the German parliament and prominent critic of Russian President Vladimir Putin died of heart failure or overheating after falling asleep in a sauna and there are no signs of foul play, state prosecutors said on Wednesday. Andreas Schockenhoff, a deputy parliamentary floor leader for Chancellor Angela Merkel’s...
Oil prices sink further in Asian trade
Oil suffered fresh losses in Asia Wednesday, sinking to new multi-year lows as dealers watch Russia’s ruble crisis and await the latest US crude supply report, analysts said.US benchmark West Texas Intermediate for January delivery sank $1.16 in afternoon trade to $54.77 while Brent crude for February fell 71 cents to $59.30 on the...
Rouble Crisis Could Shake Putin’s Grip on Power
MOSCOW—Russia failed to halt the collapse of the rouble on Tuesday, leaving President Vladimir Putin facing a full-blown currency crisis that could weaken his iron grip on power. A 6.5 percentage point interest rate rise to 17 percent overnight failed to prevent the currency hitting record lows in a “perfect storm” of low oil prices, looming...
Obama to Approve New Russian Sanctions
President Barack Obama has decided to sign legislation authorizing more sanctions on Russia for its role in the Ukraine crisis, the White House said Tuesday. The bill, which cleared the Senate last week, also gives the president authority to provide $350 million in lethal and nonlethal military aid to the Ukrainian government. That potential aid...
