Section: US & Canada
Euro-Zone Business Confidence Holds Up
Euro-zone businesses were mostly undaunted by growing tensions between the European Union and Russia over Ukraine’s future following the downing of Malaysia Airlines Flight 17. …read more Source: The Wall Street...
Observers turned back from Ukraine crash site
Paul Picard, the head of the Organization for Security and Cooperation in Europe (OSCE) mission in Russia’s southern Rostov-on-Don region, center, meets with local administration in Rostov-on-… …read more Source: The Bismarck...
Russian Stocks Are Laughing Off The Latest Sanctions (RSX, SPX)
If you were expecting Russian stocks to fall Wednesday, you were wrong. Russia’s MICEX index was actually up a healthy 2.2%. On Tuesday, U.S. President Barack Obama announced a fresh round of economic sanctions on Russia for its ongoing involvement in destabilizing Ukraine. “Among the targets of the new measures include the Bank of...
Russia Defiant in Face of Tougher Sanctions
Russia’s central bank promised to support financial institutions hit by new sanctions imposed by the United States and the European Union. The United States imposed sanctions on more Russian banks on Tuesday, targeting the country’s second-largest lender VTB , its subsidiary the Bank of Moscow, and the Russian Agriculture Bank. The...
Total curbs Russia investment after MH17 downing
Total stopped buying shares in Russia’s Novatek the day of the downing of a Malaysia Airlines flight over Ukraine. …read more Source:...
Obama: ‘Not a new Cold War,’ but new Russia sanctions announced
President Obama announced a new round of U.S. sanctions against Russian banks and a shipbuilding company Tuesday, saying Russia must pay an increasingly high price for its military aggression in Ukraine and the downing of a passenger jet. The penalties follow tougher sanctions in an agreement reached by European Union … …read more...
Educating Their Children Abroad Is the Russian Elite’s Guilty Secret
Lucky Anastasia Zheleznyak. She has secured one of the BBC’s sought-after positions, working as a production assistant at London’s Ellstree Film Studios. But Zheleznyak isn’t just any Russian expat making her way up the career ladder. She’s the daughter of Duma Deputy Speaker Sergei Zheleznyak, known for his warning of an...
EU Units of Russian Banks Exempt From Sanctions
European Union-based subsidiaries of Russian state-owned banks are exempt from EU sanctions, two European officials said. …read more Source: The Wall Street...
Markets Are Down In Europe, But Up Everywhere Else (DIA, SPY, SPX, QQQ)
European markets are in the red early Wednesday. Here’s the scorecard: Britain’s FTSE 100 is down 0.20%. France’s CAC 40 is down 0.51%. Germany’s DAX is down 0.11%. Spain’s IBEX is up 0.28%. Italy’s FTSE MIB is down 0.10%. The comes after the U.S. and Europe imposed the toughest sanctions against Russia since...
Belarus To Host Ukraine-Russia Talks
Belarus says it will host talks between Ukraine, Russia and the OSCE on the crisis in eastern Ukraine. …read more Source: Radio Free Europe / Radio...
