Section: Singapore
Putin says Russia economy will be cured, offers no remedy
Moscow – President Vladimir Putin assured Russians on Thursday that the economy would rebound after the ruble’s dramatic slide this year but offered no remedy for a deepening financial crisis.Defiant and confident at a three-hour news conference, Putin blamed the economic problems on external factors and said the crisis over Ukraine...
EU leaders agree investment package to boost economy
BRUSSELS – European Union leaders endorsed a new investment programme intended to kick-start economic growth in the bloc at a summit in Brussels, which its chairman said would end late on Thursday, half a day earlier than planned. “We agreed three things: one, we call for the urgent establishment of a European fund for strategic...
EU needs long-term Russia strategy lasting ‘years’: Tusk
New EU president Donald Tusk said the bloc needs a strategy on Russia lasting years to cope with the problems raised by its intervention in Ukraine. …read more Source: Channel...
EU leaders press Russia, urge new investment
[BRUSSELS] European Union leaders urged Vladimir Putin to make a “radical change” in his stance on Ukraine Thursday as they boosted sanctions against Crimea despite fears of economic blowback from Russia’s spiralling financial crisis. …read more Source: The Business...
EU leaders agree investment package to boost economy
[BRUSSELS] European Union leaders endorsed a new investment programme intended to kick start economic growth in the bloc at a summit in Brussels, which its chairman said would end late on Thursday, half a day earlier than planned. “We agreed three things: one, we call for the urgent establishment of a European fund for strategic...
EU outlaws investment in Crimea; targets oil sector, cruises
THE European Union banned investment in Crimea on Thursday, halting European help for Russian Black Sea oil and gas exploration and outlawing European cruise ships from calling at Crimean ports. …read more Source: The Business...
EU backs new sanctions as summit weighs Russia crisis
A European Union summit has backed new sanctions against Russia over its annexation of the Crimea from Ukraine, but also noted that it didn’t want to drastically hit the country in the midst of an economic crisis. …read more Source: Channel...
Russian ‘bear’ fighting for survival: Putin
Though his country’s economy is tanking, in part because of Western sanctions, President Vladimir Putin on Thursday (Dec 18) showed no sign of changing tack on war-torn Ukraine and compared Russia to a bear fighting for survival. …read more Source: Channel...
EU approves new Crimea sanctions
The EU on Thursday (Dec 18) imposed additional sanctions on Crimea, and called on Russia to help end the Ukraine crisis. …read more Source: Channel...
Putin promises economic recovery, digs in on Ukraine
[MOSCOW] President Vladimir Putin on Thursday tried to quell fears of economic collapse and vowed rapid recovery from the worst financial crisis of his rule but stressed that his position on Ukraine has not shifted. …read more Source: The Business...
