Section: Business Insider (USA)
Russia is drastically increasing its number of planned military exercises
The Kremlin has announced plans to dramatically increase the number of summer military exercises staged throughout Russia, Damien Sharkov reports for Newsweek citing the Russian Ministry of Defense. Russia’s Airborne Troops alone are scheduled to conduct more than 1,000 exercises in the summer months. This represents a 20% increase in...
Striking photos from the villages surrounding Chernobyl, taken by people who still live there
On April 26th, 1986, a catastrophic accident at the Chernobyl nuclear power plant in northern Ukraine sent radioactive particles into the air, distributing toxic pollution over a vast area. It has since gone down in history as one of the worst disasters of its kind. 31 people died in the blast, but the long-term effects have been felt ever since....
Malaysia Airlines’ new CEO has a big challenge
The newly appointed chief executive of loss-making Malaysia Airlines said on Monday that the carrier is “technically bankrupt”, as he announced plans for a restructuring that will cut the company’s workforce by a third. “We are technically bankrupt…the decline of performance started long before the tragic events of...
More than 6,400 killed amid ‘tremendous hardship’ in Ukraine: UN
Geneva (AFP) – The United Nations said Monday that more than 6,400 people had been killed in conflict-wracked Ukraine, and despite a slowdown in fighting, millions more are suffering from abuses and hardship.In its latest report, the UN human rights office noted that an overall decrease in indiscriminate shelling since a fragile truce was...
Malaysia Airlines ‘technically bankrupt’, new CEO says
Kuala Lumpur (AFP) – Malaysia Airlines is “technically bankrupt”, its new German CEO said Monday as he outlined plans to stabilise the failing flag carrier including 6,000 job cuts.”We are technically bankrupt and that decline of performance started long before the tragic events of 2014,” Christoph Mueller told...
Axe to swing as Malaysia Airlines tries to start fresh
Kuala Lumpur (AFP) – Troubled Malaysia Airlines on Monday laid out plans for an across-the-board “hard reset” of the way the carrier is run that will see around 6,000 jobs cut as it struggles to stay in business.The bullet-point blueprint, released by email, marks the first concrete move by new CEO Christoph Mueller, a German...
IMF lowers Ukraine’s 2015 growth projection to minus 9%
Washington (AFP) – The IMF said Sunday it has lowered its growth forecast for Ukraine’s war battered economy to minus nine percent, due in large part to “the unresolved conflict in the East.”The dismal projection followed a two-week-long visit by an IMF delegation to Kiev earlier this month.Join the conversation about this...
Ivanovic, Svitolina into last-eight, Sharapova rained off
Paris (AFP) – Ana Ivanovic made the French Open quarter-finals for the first time since her 2008 title run Sunday where she’ll face Elina Svitolina, the first Ukrainian to make the last eight.But defending champion Maria Sharapova’s scheduled last-16 clash against Lucie Safarova was pushed back until Monday after rain caused a...
Federer leads over-30s into record French Open show
Paris (AFP) – Roger Federer bids to reach the French Open quarter-finals for the 11th time on Sunday when he faces home favourite Gael Monfils.Second seed Federer, the 2009 champion in Paris, is one of six men over the age of 30 to make the last-16 — the most since 1969, when there were eight.Monfils, seeded 13, has defeated Federer...
Russia releases 89-name EU travel blacklist
The Hague (AFP) – Moscow has released a blacklist of European Union politicians barred from Russia in response to EU sanctions over Crimea and Ukraine, Dutch Prime Minister Mark Rutte said on Friday.”Russia yesterday handed over a list of people to diverse EU embassies who may not enter Russia any longer,” Rutte said at a weekly...
