Section: US & Canada
Belarus Refuses to Trade With Russia in Roubles
Belarusian President Alexander Lukashenko has ordered his cabinet ministers to stop trading using the Russian rouble. Instead, the country – who is one of Russia’s closest allies – will trade only in dollars or euros, after Russian President Vladimir Putin admitted on Thursday his country may be on the verge of a two year...
FP’s Situation Report, presented by Lockheed Martin: U.S. missing key allies in Islamic State fight; Putin remains defiant as Russian economy crumbles; Obama’s Cuba success is undermined by North Korean cyberattack; and much more.
By David Francis and Sabine Muscat The United States is missing key allies in its fight against the Islamic State. Some 1,500 American troops are preparing to deploy to the Middle East to retrain Iraqi security forces to take the fight to the Islamic State next year. Turning Iraqis into a tribal fighting force of roughly 5,000 proficient enough...
Why Congress Shouldn’t Make Foreign Policy
The U.S. Congress legislates foreign policy on issues from Ukraine to Russia, and it’s a bad idea. …read more Source:...
Take Goldman Sachs’ Christmas Crossword And Find Out How Well You Remember 2014
How well do you remember the most important financial and economic events of 2014? You’ve got the chance to find out now: Goldman Sachs’ end-of-year crossword just came out, and it’s great, again. Last year’s effort by Goldman was described as “the nerdiest crossword puzzle of all time”. Here’s hoping...
World markets feeling festive over U.S. Fed’s Christmas boost
It’s been a turbulent week around the world, between plunging oil prices, a swinging ruble, and signs from the U.S. Fed of an earlier than expected rate hike. There’s more where that came from this morning, as an early, Fed-fuelled “Santa Rally” continues in Asia and Europe, and the ruble vacillates in the wake of a combative annual...
Why it’s so hard to know when oil will bounce back: Don Pittis
From Russian political stability to the value of Canada’s oil sands companies, there is a lot riding on the price of oil. But economic analysts are proposing very different views on whether, when and how much the price of oil will rise, Don Pittis says. …read more Source:...
German consumer confidence on the rise
BERLIN (AP) — German consumer confidence is continuing to improve, supported by expectations of increasing economic strength and a greater willingness to make purchases. The GfK research group said Friday its forward-looking consumer climate index rose to 9 points for January from 8.7 points in December. GfK says consumers still have uncertainty...
EU Leaders Warn Of Long-Term Confrontation If Russia Doesn’t Retreat From Ukraine
European Union leaders said Thursday that they are ready to use their combined power over a long confrontation with economically struggling Russia, if the country’s President Vladimir Putin refuses to back off from Ukraine. The warning from EU leaders comes after Putin criticized the Western sanctions on Russia, and accused the U.S. and EU...
The 10 Most Important Things In The World Right Now
Good morning! Here’s what you need to know for Friday. 1. Eight children died Friday morning in a mass stabbing in Australia. 2. The United Nations has requested more than $8.4 billion for 2015 to help nearly 18 million people affected by the war in Syria. 3. British police are looking into the murders of three young boys as part of an...
10 Things You Need To Know Before European Markets Open
Good morning! Here’s what you need to know in markets today. The Dow Had Its Best Day In Three Years. For the second day in a row, stocks had their best day of the year. After a huge rally on Wednesday, stocks topped these gains on Thursday, with the Dow gaining more than 400 points. This was the biggest two-day rally for stocks since 2011...
