Section: US & Canada
Russian ruble hits all-time low as sanctions bite
MOSCOW — Russia’s ruble currency is hitting an all-time low as the country’s economy struggles with the combined blows of Western sanctions and a worldwide fall in oil prices.In trading on the MICEX exchange, the ruble dropped to 44.9 to the US dollar late Wednesday — about a 3-percent fall for the day. The ruble has lost more than 25...
If You Want To Understand Putin, You Have To Know These 15 Facts
When the crisis in Ukraine first escalated in February, many German experts on Russia were caught off guard. Almost none of them had foreseen that the revolution in Kiev would be followed by the events in Crimea. Not least because many journalists and scientists had misjudged Vladimir Putin. While much has been said about Russia’s president...
Ukraine to halt subsidies to eastern territories controlled by pro-Russian separatists
Ukraine will freeze budget subsidies for the eastern territories controlled by pro-Russian separatists, the prime minister announced Wednesday — a move that could worsen the already grievous economic conditions there. …read more Source: CTV...
Ukraine to halt subsidies to rebel-held areas
KIEV, Ukraine — Ukraine will freeze budget subsidies for the eastern territories controlled by pro-Russian separatists, the prime minister announced Wednesday — a move that could worsen the already grievous economic conditions there.Aging industrial operations in Ukraine’s economically depressed but coal-rich east have for many years relied...
Ukraine to halt subsidies to rebel-held areas
KIEV, Ukraine (AP) — Ukraine will freeze budget subsidies for the eastern territories controlled by pro-Russian separatists, the prime minister announced Wednesday — a move that could worsen the already grievous economic conditions there. Yatsenyuk said the payment of pensions and government benefits to residents in conflict-stricken parts of the...
Here’s The Evidence That The Tech Bubble Is About To Burst
It is now common for companies with no revenue, or negligible revenue, to be valued in the billions of dollars. Snapchat. WhatsApp. Instagram. Tumblr. Pinterest. All have been sold or valued at over $1 billion. None have declared revenues that in any way justify those prices. They might in the future. But they haven’t yet. So if...
Obama and Putin Likely to Have Informal Talks as Russia Advances on Ukraine
President Barack Obama is likely to have informal talks with Russia’s Vladimir Putin as tensions continue to rise over the war in Ukraine. Both the leaders are scheduled to be at the Asia-Pacific (APEC) summit in Beijing and the G20 summit in Brisbane next week. Although an “official bilateral meeting between Obama and Putin [is] not...
Georgia’s Pro-West Foreign Minister Quits
Georgian Foreign Minister Maja Panjikidze resigned on Wednesday over what she called threats to the ex-Soviet republic’s pro-Western policies, deepening a crisis in the coalition government. A junior minister overseeing integration with Europe also quit, a day after Prime Minister Irakly Garibashvili fired his Western-leaning defence...
Merkel sees more Ukraine rebels on sanctions list
German Chancellor Angela Merkel attends the beginning of the weekly cabinet meeting at the chancellery in Berlin, Germany, Wednesday, Nov. 5, 2014. (AP Photo/Michael Sohn) …read more Source: The Bismarck...
Germany’s Merkel indicates more eastern Ukraine rebels could be targeted by sanctions
German Chancellor Angela Merkel is indicating that more rebel leaders in eastern Ukraine could be added to lists of people targeted by European Union sanctions following much-criticized weekend elections. …read more Source: FOX...
