Section: Gulf News (United Arab Emirates)
EU turmoil makes Russia a safe bet to bondholders
The political turbulence roiling the European Union is making Russia look like a safe bet to bondholders.For money managers wary of the elections looming in Europe, the worst relations with the West since the Cold War and sanctions on Russia’s biggest companies are no deterrent. The nation’s debt is cheaper to insure against default...
The United Europe of tomorrow?
Europe’s future lies in a restructuring of the eurozone as a political entity US President Donald Trump has shaken a transatlantic alliance that had long seemed unshakable. In a January interview, he labelled Nato “obsolete” and the European Union a “vehicle for Germany.” The EU will soon collapse, he predicted, with a succession of...
Spring in the air!
A woman walks next to a soap bubble made by a street artist in the centre of Ukrainian capital Kiev on a sunny day yesterday. …read more Source: Gulf...
Elkeson leads China’s Brazilian carnival
Shanghai SIPG’s prolific marksman Elkeson scored with an outrageous 45-yard effort as China’s Brazilian imports justified their expensive price tags in the AFC Champions League yesterday. Hulk, a 55mn euro signing from Zenit St Petersburg, was another Brazilian on the scoresheet as Andre Villas-Boas’s SIPG kept their 100% record...
Vesnina upsets Kerber to set up Venus quarter-final
Russia’s Elena Vesnina ousted German second seed Angelique Kerber 6-3 6-3 to reach the quarter-finals of the BNP Paribas Open at Indian Wells, California on Tuesday. The victory was the 14th-seeded Vesnina’s first against a top-three player and put the doubles specialist into a last-eight showdown against Venus Williams. “I think I...
Ukraine halts all freight traffic with rebel-held east
Pro-Kiev demonstrators had already been blocking railway freight traffic to protest against trade with coal-mining regions held by the rebels …read more Source: Gulf...
European Nato defence spending slightly higher
Defence spending by European Nato states inched up for the first time in seven years in 2016, the military alliance said yesterday, but still remained below the threshold the new US President Donald Trump said was crucial to achieve.Trump made North Atlantic Treaty Organisation (Nato) states in Europe nervous when he criticised the alliance as...
Muguruza rallies to beat US teen, Pliskova advances
French Open champion Garbine Muguruza survived a fierce challenge from US teenager Kayla Day on Sunday to reach the fourth round of the WTA Indian Wells hard court tournament. The seventh-seeded Spaniard had to dig in to subdue the hard-hitting Californian 3-6, 7-5, 6-2 and set up a meeting with 10th seeded Ukrainian Elina Svitolina. Day, last...
Pliskova rallies past Puig to avoid upset
Karolina Pliskova roared back from a set down to outlast Olympic gold medallist Monica Puig 1-6 6-4 6-4 as the Czech third seed avoided a major upset at the BNP Paribas Open in California on Friday. Pliskova, after falling behind 3-0 in the third set, fought through a long sixth game to help turn the tide and won six of the last seven games to...
China says industrial policy not aimed at foreign firms
China yesterday tried to downplay concerns it is reducing market access for foreign enterprises, days after a report by an EU group accused Beijing of trying to skew its business playing field towards domestic firms.The paper, released Tuesday by the European Union Chamber of Commerce in China, slammed the government’s “Made in China 2025”...
