Section: US & Canada
Nervous Hedge Funds Turn Defensive
Nervous hedge funds are cutting back on their riskier positions, because of fears that some assets may have become overpriced and concerns about the conflicts in Ukraine and Iraq. …read more Source: The Wall Street...
Beer Maker Carlsberg Has Huge Exposure To Russia, And Sales Are Getting Crushed (CABGY)
The Russia-Ukraine conflict is showing up in the financial reports of more European companies. Danish beer maker Carlsberg said on Wednesday that revenue in its Eastern Europe operating segment fell 20% in the second quarter as total volumes decreased 12%. Shares of Carlsberg listed in New York were down more than 3% on Wednesday following the...
Merkel Shaping German Into EU Leader With Ukraine Diplomacy
BERLIN—Chancellor Angela Merkel’s emergence as a leader in efforts to resolve Ukraine’s crisis — showcased by a visit to Kiev this weekend — underlines Germany’s increasing ambition to transform itself from economic power to diplomatic heavyweight. Merkel and her foreign minister, Frank-Walter Steinmeier, have put Berlin at the...
Plenty Of Room At The Top Of Ukraine’s Fading Rebellion
To outward appearances, Fyodor D. Berezin is the picture of a senior military commander. He wears camouflage, has bodyguards and confidently gives orders as the newly named deputy defense minister of the separatist Donetsk People’s Republic. …read more Source: The Huffington...
Ukrainian Government Troops Take Over Much of Luhansk
(KIEV, Ukraine) — A Ukrainian official says government troops have taken control of a large part of Luhansk — a besieged rebel stronghold in eastern Ukraine — after days of street battles. Andriy Lysenko, a spokesman for Ukraine’s National Security Council, told reporters Wednesday in Kiev that government forces are now controlling...
Fighting Intensifies in Eastern Ukraine: 43 Dead in 24 Hours
DONETSK, Ukraine—Government troops fought to gain control of the rebel-held city of Donetsk and a key highway in eastern Ukraine on Wednesday in battles that left 34 residents and nine troops dead in just 24 hours, authorities said. The Ukrainian troops are trying to encircle Donetsk, the largest city still in rebel hands, and also drive the...
Chaos In Kerch: Russia Struggles Ferry Tourists To Crimea
Moscow says it is eager to get Russian holidaymakers to the recently annexed Crimean peninsula. But the flood of tourists has proven too much for the Kerch ferry crossing, the only link between Crimea and Russia. …read more Source: Radio Free Europe / Radio...
Merkel Ukraine role mirrors rising German ambition
Chancellor Angela Merkel’s emergence as a leader in efforts to resolve Ukraine’s crisis — showcased by a visit to Kiev this weekend — underlines Germany’s increasing ambition to transform itself from economic power to diplomatic heavyweight. …read more Source: Miami...
Merkel Ukraine role mirrors rising German ambition
BERLIN — Chancellor Angela Merkel’s emergence as a leader in efforts to resolve Ukraine’s crisis — showcased by a visit to Kiev this weekend — underlines Germany’s increasing ambition to transform itself from economic power to diplomatic heavyweight.Merkel and her foreign minister, Frank-Walter Steinmeier, have put Berlin at the...
Merkel Ukraine role mirrors rising German ambition
BERLIN (AP) — Chancellor Angela Merkel’s emergence as a leader in efforts to resolve Ukraine’s crisis — showcased by a visit to Kiev this weekend — underlines Germany’s increasing ambition to transform itself from economic power to diplomatic heavyweight. Merkel and her foreign minister, Frank-Walter Steinmeier, have put Berlin...
