Section: US & Canada
Ukraine needs to court investors, EU says
Daniel J. GraeberBRUSSELS, Dec. 1 (UPI) — Ukraine, an important energy transit nation for Europe, needs to rebrand itself as a safe haven for foreign investors, Europe’s neighborhood commissioner said. …read more Source: United Press...
Oil prices strike new lows, weighing on energy stocks
London (AFP) – Crude oil prices sunk to fresh low points on Monday, dragging down the share prices of energy companies, while miners were hit by weak Chinese manufacturing data, traders said.”Oil sector stocks have driven the FTSE lower,” said market analyst Alastair McCaig from the IG trading group.Countering the downward...
MH17 wreckage to be reassembled in Netherlands for investigation
Wreckage of Malaysia Airlines flight MH17 recovered from its crash site in eastern Ukraine will be reassembled for an investigation at a military base in the Netherlands, Dutch authorities said on Monday. The wreckage, collected by local emergency services under Dutch supervision in an area fought over by Russian-backed rebels and troops loyal to...
Russia’s Currency Has Worst Fall Since 1998 as Oil Rout Continues
The dollar surged nearly 4% against the ruble Monday as the ongoing rout in world oil prices sent the Russian currency spiraling. The move was the ruble’s biggest one-day fall since 1998, when another (much bigger) collapse in oil prices led the country to default on its domestic debt. The dollar, which bought 33 rubles at the start of the...
NATO Chief Blasts Russia Over Military Activity
The head of NATO says Russia has been sending large amounts of weapons to rebels in eastern Ukraine and stepped up its military activity around Europe and the world. …read more Source: Radio Free Europe / Radio...
Ukraine Gets $187M Loan From European Investment Bank To Upgrade Gas Pipelines
Ukraine borrowed 150 million euros ($187 million) from the European Investment Bank on Monday to upgrade its section of pipelines that carry gas from Russia to Europe, The Associated Press (AP) reported. The money would be sent to the state-owned pipe operator Ukrtransgaz. …read more Source: International Business...
Russian Ruble Falls as Oil Prices Tumble Further
The ruble looked set for its steepest one-day fall since the Russian financial crisis of 1998, plunging about 4 percent on Monday as oil prices slid below $70 a barrel. Battered by low oil prices and the conflict in eastern Ukraine, the ruble has been declining throughout the year, losing about 42 percent of this value since January. The Russian...
Pro-European Parties Take Lead in Race to Control Moldovan Parliament
Shadowed by the violence in neighboring Ukraine, the vote became another fierce contest between the West and Russia for influence in a former Soviet republic. …read more Source: The New York...
Drone footage reveals derelict remains of Chernobyl, Pripyat
The eerie bird’s eye view shows how the Ukrainian facility and the neighboring city of Pripyat were abandoned following the 1986 blast. …read more Source: New York Daily...
Putin in Turkey amid Syria differences
ANKARA, Turkey (AP) — Russia’s President Vladimir Putin and his Turkish host, President Recep Tayyip Erdogan, were expected to gloss over their striking differences over the crises in Syria and Ukraine during talks on Monday, focusing instead on their countries’ booming economic and trade ties. Putin arrived in Turkey accompanied by a...
