Section: Africa&ME
Russian income slump saps BP profits
BP’s third-quarter results took a hit from declining oil prices and a sharp drop in income from Russia as Western sanctions on Moscow led to a slump in earnings from the oil major’s local partner, Kremlin-controlled Rosneft. ||| Dmitry Zhdannikov and Ron Bousso LondonBP’S THIRD-QUARTER results took a hit from declining oil...
Russia backs Ukraine rebel vote
Norweigan Prime Minister Erna Solberg, left, shakes hands with Russia’s Foreign Minister Sergei Lavrov during a wreath ceremony to mark the 70th anniversary of town’s liberation by Soviet troops, at the Russia Monument in Kirkenes, Norway, on Saturday. — AFP MOSCOW — Russia …read more Source: Saudi...
Russia angers Ukraine with backing for rebel polls
MOSCOW: Russia announced on Tuesday it will recognise separatist polls in Ukraine next weekend, fuelling tensions with the country’s newly elected pro-Western leaders as they negotiate on forming a coalition government. The rebel elections on Sunday should “go ahead as agreed,” Russian Foreign Minister Sergei Lavrov said. “We will of course...
Malaysia PM Vows to Bring MH17 Culprits to Justice
DUBAI—Prime Minister Najib Razak on Tuesday vowed to bring to justice the perpetrators of the downing of Malaysia Airlines MH17, but said he feared fighting in Ukraine might block access to the crash site. In an interview with Reuters in Dubai, Razak also said he hoped to see results… …read more Source:...
Ukraine denounces Russian stance on rebel vote in east Ukraine
By Richard Balmforth Ukraine on Tuesday condemned as “destructive and provocative” Russia’s stance towards elections organised by pro-Russian separatists in eastern Ukraine next Sunday, saying Moscow’s recognition of the vote could wreck chances of bringing peace. The Nov. 2 vote would be being held in defiance of Ukrainian national...
‘Ukraine unlikely to get IMF tranche this year’
Ukraine is unlikely to receive a second tranche of a $17-billion (R186 billion) loan programme from the International Monetary Fund this year as expected, Finance Minister Oleksander Shlapak said. ||| Kiev – Ukraine is unlikely to receive a second tranche of a $17-billion (R186 billion) loan programme from the International Monetary Fund...
Rebel vote undermines peace – Ukraine
Russia’s announcement that it will recognise separatist elections in eastern Ukraine “undermines” peace efforts, a Ukrainian official said. …read more Source:...
Russia to Recognize ‘People’s Republic’ Election Results
Russia announced Tuesday it will recognize the results of upcoming elections in two separatist regions of eastern Ukraine. Foreign Minister Sergei Lavrov said the voting scheduled for November 2 would be important for the “legitimization of power” in the unrecognized “People’s Republics” of Donetsk and Luhansk. While...
BP posts slump in Russian income
BP’s third-quarter results took a hit from declining oil prices and a sharp drop in income from Russia as Western sanctions on Moscow led to a slump in earnings from the oil major’s local partner, Kremlin-controlled Rosneft. ||| London – BP’s third-quarter results took a hit from declining oil prices and a sharp drop in...
Russia backs rebel polls as Ukraine eyes new government
Moscow’s decision to lend legitimacy to the rebels’ leadership vote is an act of support for two unrecognised people’s republics. …read more Source: Gulf...
